ThrowAwayIRUK

7 ms·

1.
by ThrowAwayIRUK 5y ago
Then, your "universal sentence" is not matching, since you didn't mention the transfer way: for sure i can charge you more for a SWIFT or T2 EU-transaction than i do for a SEPA EU-transaction.
2.
by ThrowAwayIRUK 5y ago
>> ..In most countries, payments within the same bank have been instant (and free).. << Which is quite simple: First, its internaly only an exchange of liabilites in your balanace sheet. Second, it does not involve any outgoing
3.
by ThrowAwayIRUK 5y ago
SEPA SDD Core has one big advantage for (trustworthy) customers of a merchant: it's fucking cheap for the merchant :-) and with cheap, i mean, reeeeeaaalllyyyy cheap (well, depending on your PSP/etc.) for a bank, the "purchas
4.
by ThrowAwayIRUK 5y ago
Interesting! So, TIPS is just one of the available clearing mechanisms available for the SEPA Inst scheme. (The other one is RT1, which is live a little bit longer) Currently, there is no "regulatory forced" interoperability betwe
5.
by ThrowAwayIRUK 5y ago
SEPA has 4 message types, currently: - PUSH: - SCT Standard - SCT Instant - PULL: - SDD Core - SDD B2B As a bank, you are not forced to support all of them; also, it depends on the local consumer behaviour: in some countries
6.
by ThrowAwayIRUK 5y ago
Actually, in the first case, its not instantly take, instead it is marked as a "abgesicherte laschrift", which is equivalent to enter card+PIN, meaning you can't revoke those. Though, sure you can, but it will end up with nic
7.
by ThrowAwayIRUK 5y ago
Depends on which card you have used and which scheme was used to process; In general, "double scheme cards" (MC + Maestro on one card) should offer you the option to choose, while at the POS, which scheme should be used; the thing
8.
by ThrowAwayIRUK 5y ago
Not exactly: You could sign a contract with your landlord, then revoke the so called "SEPA mandate" afterwards and you can forcibly switch to "manual payment" each month, since the SEPA mandate is not necessarily require
9.
by ThrowAwayIRUK 5y ago
Not correct: Giropay does in fact include fees, though these are usually covered by the seller. (check for example: https://www.unternehmerportal.info/giropay/ ) DISCLAIMER: Lead Payment Engineer at an European Challeng
10.
by ThrowAwayIRUK 5y ago
Not correct: SEPA SDD Core + SDD B2B are working crossborder; though you're right that these are not deployed regularly/seldom. DISCLAIMER: Lead Payment Engineer at an European Challenger Bank, i'm implementing that stuff in
11.
by ThrowAwayIRUK 5y ago
Not really: SEPA has several message types: - SCT Standard is a push - SCT Inst is a push - SDD Core is a pull - SDD B2B is a pull
12.
by ThrowAwayIRUK 5y ago
Leading Payment Engineer of one the most aggressive challenger banks in EU here: - first, SEPA has several message types - SEPA SCT: A standard transfer, usually settled the next day - SEPA SCT Inst: a realtime transfer, to be settled withi