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A comment on Do we need to pay billions in fees to Stripe, Block, PayPal and Visa/MC?. Parent comment

Re:Do we need to pay billions in fees to Stripe, Block, PayP... by Muromec on Saturday August 17, 2024 @08:19PM (#41279151)
Dutch iDeal will be rolled out continent wide pretty soon ( soon in bank time ), which is what you want.

Last time I checked instant sepa (which was today) it was free as in zero commissions on either side and was actually instant.

[ Parent | on HN ]
Re:Do we need to pay billions in fees to Stripe, Block, PayP... by jkaplowitz on Saturday August 17, 2024 @09:35PM (#41279464)
Depends on the bank. In Germany, N26's free account charges 0.49€ per instant SEPA transfer, and sometimes it's unavailable because the other bank (e.g. one used by many German doctors) only supports non-instant SEPA.

But yes, instant SEPA is often free and often available and very nice when both of those are true.

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