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Decathlon Germany adds Wero payment option to decathlon.de website

sgieurope.com

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

#111

Post by ekall »

sajithdilshan wrote: post #84
marginalien wrote: post #60

Earlier quoted context omitted.

I think EU citizens are excited mainly because of winning back their digital sovereignty, nobody said this would be cutting edge technology. Actually the simplicity of the solution is key (Wero is based on EU’s proven SEPA Instant Payment rails). That being said, what I do not like about Wero is that some parts of the infrastructure is based on AWS and or Google cloud; hopefully they will switch to European clouds, s…

I wouldn't count on that, in-order to provide rock solid financial service, you definitely need a reliable cloud provider. There is no true equivalent in EU for a cloud provider like that at the moment

To me this is like saying that it is no use trying to prevent your arm from being cut off because if you try you will lose a finger.

What use is american cloud reliability if it can't be trusted in with sovereignty the first place?

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

#113

Post by Freak_NL »

microtonal wrote: post #52
anticrymactic wrote: post #25

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…

Note that Wero is amongs others based on the Dutch iDEAL [1] system, which was introduced 21 years ago. Virtually every Dutch web shop supports iDEAL (and many only support iDEAL) as well as international payment services such as PayPal and Stripe. As a result, the vast majority of transactions of Dutch webshops go through iDEAL. It is really a super-nice frictionless system. iDEAL also supports P2P payments through…

> and many only support iDEAL

Actually, look closer when you pay using Ideal (as we all do). You will notice that usually there are several payment methods, and these almost always include credit cards.

The reason for this is not because the Dutch like to pay using credit cards (most Dutch never use one), but because of a little known law regarding online stores. It is, in fact, not allowed to only offer payment options that require the customer to pay the full amount upfront. And Ideal (and Wero) do just that: you order a T-shirt for €20, you pay €20 upfront, the shirt gets shipped, and you receive it.

Now have a look at this note:

https://www.acm.nl/nl/verkoop-aan-consumenten/de-koop-sluite...

> U mag maximaal 50% vooruitbetaling vragen voor producten die u nog moet leveren.

> Dit betekent dat u standaard mag aanbieden om het hele bedrag te betalen. Maar u geeft klanten ook de mogelijkheid om minimaal 50% pas na levering te betalen.

There are almost no online stores which offer this of course. It's just not part of this commercial model. Not for a T-shirt (or whatever).

So what is the trick the government itself even recommends?

Credit cards.

https://ondernemersplein.overheid.nl/geldzaken-en-belastinge...

Something about the way credit card payments reserve payments initially and the way credit cards offer consumer protection services makes this a payment option which, apparently, fulfils this 50% after delivery rule…

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

#114

Post by cubefox »

Credit card companies and services like PayPal extract large amount of wealth, mostly to provide a service (instant payment) for which they are no longer technically necessary.

New systems like Wero (or similar ones already widely established in India or Brazil) are based on instant bank transfers rather than a credit card company that acts as a middle man.

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

#115

Post by boc »

microtonal wrote: post #98
TulliusCicero wrote: post #20

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.

The first time I read "US store X supports Apple Pay or Google Pay now" I was really confused. I didn't know that was a thing. Here (NL) contactless payments works with every debit card, physical or stored Apple Google/Pay, in every store. There is no difference between payment providers, everyone offers contactless payments and it works with every bank. (The only exception are credit cards, but they are not used a l…

> Here (NL) contactless payments works with every debit card, physical or stored Apple Google/Pay, in every store

That's how it works in the US as well. You might be conflating Apple Pay with Apple Wallet, which stores your credit cards for tap-to-pay. Most people in the US use Apple Wallet/Google Wallet to digitally store their credit/debit cards, and use those cards to pay at the store by tapping the POS terminal.

For example, I use Apple Wallet for nearly every transaction, but I never use Apple Pay/Apple Card as the payment method.

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

#116

Post by Freak_NL »

Muromec wrote: post #100
sebtron wrote: post #87

Earlier quoted context omitted.

I can pay with iDEAL without interacting with a smartphone, using only my laptop and a physical 2FA device provided by my bank. Do you know if this will be possible with Wero?

It's up to your bank actually. Banks (generally) don't want to pay for your hardware key so you need to do a special dance to trigger their compliance bound neural pathways to send you one. But then the true bliss will arrive the next year with eidas 3.0 or whatever it is called

In the Netherlands this boils down to the 'system banks' (the big ones like ING, ABN AMRO, Rabobank, etc.) which grudgingly offer hardware devices for people who won't or can't use a smartphone, and the neobanks (like Revolut, Knab, and Bunq) which make an Android or IOS smartphone a hard requirement.

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

#118

Post by thinkindie »

whycome wrote: post #112

It sucks that decathlon basically left Canada after a short trial run. I think it really came down to crappy marketing overall.

Are you sure? I spoke about decathlon in Canada with a friend of mine living there (Ottawa) and she says it’s there.

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

#119

Post by roysting »

Why do Germans corrupt their own language with that weird pig-German?

On the German Wero site[1], the copy not only uses utterly gratuitous and even made up fake English words where there are perfectly adequate German words, e.g., "senden", hero, support, business, etc.; but the worst part is that they mess up or maybe can't even realize anymore that the German word for hero in "Der absolute Hero für dein Geld!" could have produced a far superior phrase through a rhyme, i.e., "Der absolute Held für dein Geld!". It's nonsensical to use "hero". Why would you use "hero"?

What are you doing, Germans? "Senden" is not a word. You just made that up! Or should I say "you just hooberdoobered it" since we are just making up gibberish words? We don't say "senden"... why are you saying "senden"?? It's like a traumatized child making up a gibberish language to live in a fantasy world. It's not healthy.

It's also really rather discriminatory towards older people who may not know this weird hipster pig-german made up gibberish.

For context for Americans or other actual English speakers, imagine if an American spoke like this:

"Come on, Niemcy, use your own słowa. You are worth it. Leave other ludzie's words for them to use. Have some szacunek. It's kind of żałosne actually. Get it together już." It's Polish, btw.

Does that convey the level of cringe? It's weird!

[1] https://wero-wallet.eu/de/uber,

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