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German cartel office initiates proceedings against PayPal

reuters.com

41–50 of 107 posts

Re: German cartel office initiates proceedings against PayPal

#41
post #37

Earlier quoted context omitted.

The Dutch are pathologically practical. Love it. Every time I need to send mail I’m jealous of that whole “write 9 digits in a grid to serve as a stamp” system.

I googled "dutch number stamp" and got nothing. How does that work?

In Dutch: https://www.postnl.nl/versturen/postzegels/postzegels-kopen/...

You buy a code that you write down in the location where normally the stamp would be.

Re: German cartel office initiates proceedings against PayPal

#42
post #37

Earlier quoted context omitted.

The Dutch are pathologically practical. Love it. Every time I need to send mail I’m jealous of that whole “write 9 digits in a grid to serve as a stamp” system.

I googled "dutch number stamp" and got nothing. How does that work?

I've never used one so someone else can explain better, but my understanding is that you get an envelope and you can use your phone to pre-pay postage online (or maybe set up your card to be charged based on what's required?) and you'll get a 9 digit code back. On the corner of all the envelopes is a 3x3 grid where you write the code and that is read by the postal system as the stamp.

Re: German cartel office initiates proceedings against PayPal

#44
post #26

Earlier quoted context omitted.

writting a code replaceming stamps do exist in Germany as well :P

That works as long as you need a standard stamp. It fails the moment you need to send a letter to overseas.

[dead]

Re: German cartel office initiates proceedings against PayPal

#45
post #6

I love PayPal. It might be another be-evil type corporation. But it is just sooo convenient. I am just curious if there is some alternative to it in Germany. I don’t want to give my bank account number to every random online shop. Credit card yes, but I am too lazy for entering the numbers every time. Edit: I am not kenn on saving my credit card number somewhere digitally. Browser, password manager or a text file are…

Not Germany, but here in The Netherlands the banks just developed an online payment system together 18 years ago, and everyone uses that. https://en.wikipedia.org/wiki/IDEAL

iDEAL is truly tremendous. I keep my Dutch Neobank account just to be able to pay stuff with iDEAL. It never fails and works like a charm. Never had a failed payment with it. I don't understand why Germany is incapable of implementing such an easy solution.

Re: German cartel office initiates proceedings against PayPal

#46
post #27

From the article: "The regulator is investigating in particular rules that say merchants may not offer their goods and services at a lower price to customers who choose a cheaper payment method than PayPal." That does sound rather uncompetitive.

isn't that the same as credit cards not allowing to charge extra for using them?

which btw is now also not allowed by EU rules.

Re: German cartel office initiates proceedings against PayPal

#47
post #39
post #24

Earlier quoted context omitted.

And Belgian have their own system too: https://en.wikipedia.org/wiki/Bancontact_Payconiq_Company Which means that everyone uses PayPal since it's the solution that you know is going to be accepted everywhere instead of having to juggle between 10 different services.

> Which means that everyone uses PayPal At least in the Netherlands this is not true at all. Everyone here uses iDeal, and if that doesnt work its back to a SEPA bank transfer

iDeal is (maybe) nice for people targeting the Dutch market. But what about somebody targeting larger parts of the European market or global. Or even if just attracting tourists who want to order a Pizza for delivery. Do they have to implement all the different national systems? - PayPal "solves" that.

Re: German cartel office initiates proceedings against PayPal

#48
post #46
post #27

From the article: "The regulator is investigating in particular rules that say merchants may not offer their goods and services at a lower price to customers who choose a cheaper payment method than PayPal." That does sound rather uncompetitive.

isn't that the same as credit cards not allowing to charge extra for using them? which btw is now also not allowed by EU rules.

True. Also sounds uncompetitive to me.

Re: German cartel office initiates proceedings against PayPal

#50
post #6

I love PayPal. It might be another be-evil type corporation. But it is just sooo convenient. I am just curious if there is some alternative to it in Germany. I don’t want to give my bank account number to every random online shop. Credit card yes, but I am too lazy for entering the numbers every time. Edit: I am not kenn on saving my credit card number somewhere digitally. Browser, password manager or a text file are…

For money transfers, here in Canada we have e-Transfers from every major bank.

For a small fee, businesses can verify their identity and it makes sending them money as simple as transferring money between your Checking and Savings accounts. For everyone else, your money is sent as an email requiring password verification.

It's quite popular. Most contractors I've worked with prefer it. However, it has been prone to theft arising from intercepted emails using weak passwords for money transfers.

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