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Root – Programmable bank account for software developers

root.co.za

191–200 of 427 posts

Re: Root – Programmable bank account for software developers

#192

Does anybody know anything about the company behind this, OfferZen?

this is the main challenge startups in Sub-Saharan Africa and Southeast Asia will face when trying to launch financial service alternatives; Fear and distrust of the young and unknown and subservient loyalty to the mature and known.

Re: Root – Programmable bank account for software developers

#194

When can I have direct control of recurring payments? I want to be able to "push" money instead of having it "pulled" from my account. This is a totally reasonable feature. If a merchant wants assurance that they will be paid, they should charge a deposit. The closest I've had is Entropay, but I don't really trust them for large payments. Recurring payments are so abused, I can't count how many times I have been misl…

Great idea. I hate the current system where companies can get access to your bank account and pull money out at will.

Re: Root – Programmable bank account for software developers

#195
post #187

Earlier quoted context omitted.

Random question but it really bugs me that FNB and I think most other South African banks still use SMS/Email based secondary authentication OTPs. Are you guys planning on using TOTP by any chance?

Just FYI: Capitec uses their mobile app for that (or you can also get a keychain with an authenticator).

Really? That's great. I didn't know that. FNB should get on it then. In general FNB seems to have 'poor' security. You can't even paste a password in when resetting or signing up. They seem to just want me to be making week passwords.

Re: Root – Programmable bank account for software developers

#196
post #137

Earlier quoted context omitted.

I think most bank's, websites already allow for this. Look under payees or pay bills

In my experience, this is only the case if you set up the payment through the bank's automatic payment system, which typically uses paper checks (but may do an electronic deposit for some payees who have specially registered). Most subscription-based businesses that go to your bank account get an authorization to do an "ACH pull". In some instances, this authorization alone can act as collateral (e.g., in securing pa…

That's right, the banks often send paper checks. Automatic bill pay is shit.

Re: Root – Programmable bank account for software developers

#198

Does anybody know anything about the company behind this, OfferZen?

this is the main challenge startups in Sub-Saharan Africa and Southeast Asia will face when trying to launch financial service alternatives; Fear and distrust of the young and unknown and subservient loyalty to the mature and known.

Haha, no I don't distrust them. I want to invest when they go public!

Re: Root – Programmable bank account for software developers

#199

Founder here :) Feel free to ask me any questions

1) Is there any way to get the itemized receipt as part of the event information? (I don't even know if that's sent by the credit card widgets...)

2) What are your plans for supporting other languages? (cough Ruby cough)

3) How would I make a script integrate with a 3rd service?

Re: Root – Programmable bank account for software developers

#200

I wonder if they'll get a C & D over 'Erlich Bachman' .

What is this referring to? Like, where is there a reference to SV on their site?

The right top corner of the user interface screenshot has the user name.
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