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Decathlon Germany adds Wero payment option to decathlon.de website

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Re: Decathlon Germany adds Wero payment option to decathlon.de website

#31
post #7
post #6

In Spain we can pay using Bizum on many websites, including Amazon.

For Amazon Spain I use my debit card. Is there an upside to using Bizum?

In Norway we have a thing similar to Bizum, called Vipps. I.e. a payment method specialized for sending small person-to-person payments, for example useful when buying something second hand in person from another person, or when splitting a restaurant bill, or paying someone for gas when you rode in their car with them, etc etc.

Vipps is also usable as payment method in several online stores here, just like the above mentioned that Bizum can be used for Amazon Spain. I often use Vipps as payment method when it is available in online stores. It’s quick and convenient, and doesn’t involve giving my card details to a third party payment provider.

Aside from my Norwegian bank card and the Vipps that is connected to the same bank account, I also have Revolut, which supports disposable single-use virtual cards which is an excellent idea in theory and I’ve used that a few times too, but I have had too many cases of trying to pay with Revolut disposable single-use virtual cards and it not working so that what should’ve been a great way to avoid giving my card details to all kinds of third parties instead becomes a hassle where I first try disposable and it’s not going through and then I have to use my long-term multi-use card details to pay anyway.

With Vipps I have not had much trouble. There was a time or two such as for example the other day where I paid for something on Finn (similar to Wallapop in Spain) with Vipps and Finn said there was an error and I tried again and Finn still said it errored. But I just left it like that and it resolved itself. Next day when I logged into Finn again, the purchase had completed and in Vipps one of the two pending attempted payments went through and the other one was reverted as it should, without me having had to reach out to neither Finn nor Vipps myself.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#32

This type of thing (scan QR code) is how basically all payments were done when I was recently in China, via wechat or alipay (either you show your QR code for big shops, or scan their QR code for small shops / vendors. They can just print them out if they want and hang a copy). I found it superior to other systems I've used in basically every way. Particularly for small market stalls -- I scan their QR code, I enter…

To me NFC is superior. It checks all the boxes you mentioned plus quicker / last steps

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#35

Wero is such a valuable asset for Europe and couldn't have come at a better time. It's built on the excellent SEPA system, which standardized bank transfers and "Lastschrift" in Europe. SEPA itself got a huge upgrade last year with mandatory instant transfers that cannot cost more than standard transfers between European checking accounts. Both of those allowed Wero to happen as a final abstract top layer, meaning: t…

I frequently run into failed SEPA transfers. At least three per month out of ~200. So it could use some more stability for my use case.

In all fairness, I also have a couple of VISA payments that fail every month.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#36

God I wish the US had a digital payment system that we could all basically agree on. Having Apple Pay vs Google Pay vs Zelle vs Paypal vs Venmo vs all the others is annoying as hell.

It is one of these instances where « let the market decide » is not necessarily the best option on the long run.

The market wants to take a cut per transaction, perpetually. At a high profit margin.

This is one where not the market but a country/group of countries need to rollout their own public payments so fees are minimal to zero.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#38
post #18

Wero shows that marketing is everything. It's just regular bank transactions with a much larger fee. We could have had EPC QR codes and similar completely free technologies instead.

Wero’s website says they don’t charge fees So who is charging the fees?

The payment service provider (like Stripe or Adyen).

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#39
post #7
post #6

In Spain we can pay using Bizum on many websites, including Amazon.

For Amazon Spain I use my debit card. Is there an upside to using Bizum?

I tend to prefer Bizum over my card, as my newfangled debit card has a CVV code that changes every 10 minutes, so I can no longer just autofill the card with a password manager, I MUST open the bank app to get the CVV code.

With Bizum I don't need that, input my phone number, approve the dialogue in the bank app, then for future purchases it's automatically approved. That no fees goes to American companies is just the cherry on top.

(Decathlon Spain also offers Bizum payments, FWIW)

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