41–50 of 119 posts
The government can always make it worse. The EU removed my prepaid card simply because I refused to get a phone for it which was expected to receive some sort of permission for each transaction.
Some card issuers don't require it done via a phone if that's important for you.
I'm still disappointed every time I try to order something at a webshop and they don't support iDeal[0]. That's how online payment should work. Of course it's only a Dutch system, so it's not going to be supported by all international webshops (although Steam does), but if anyone has the scope to introduce a more secure form of online payment, surely it's Visa and MasterCard? Why don't they introduce an iDeal-like pa…
I believe you need to sign up with a Dutch acquirer/CPSP to get iDEAL payments sorted out, so there is an entry barrier for many international shops to accept iDEAL payments. This is pretty much the same for other payment providers such as CB, UPI, LankaQR, even AliPay too, so that effort is probably worth it.
I'm still disappointed every time I try to order something at a webshop and they don't support iDeal[0]. That's how online payment should work. Of course it's only a Dutch system, so it's not going to be supported by all international webshops (although Steam does), but if anyone has the scope to introduce a more secure form of online payment, surely it's Visa and MasterCard? Why don't they introduce an iDeal-like pa…
Why should I care about credit card security? I have zero liability, and in 17 years of using them, I maybe had to ask the bank to issue a new credit card number once, and that would have been many years ago. I am sure tons of doctors' offices, hotels, online businesses, daycares, etc have my hand written card number and CVC code or whatever laying around, but even if someone did use it fraudulently, I would just cli…
And sometimes it may go unnoticed for a while, and it happened to me at least once.
I'm still disappointed every time I try to order something at a webshop and they don't support iDeal[0]. That's how online payment should work. Of course it's only a Dutch system, so it's not going to be supported by all international webshops (although Steam does), but if anyone has the scope to introduce a more secure form of online payment, surely it's Visa and MasterCard? Why don't they introduce an iDeal-like pa…
You may want to mention that no small store accepts visa/mc in NL :) Apparently because the commission is sky high. In other parts of the EU that's been regulated and I can buy as low as two apples with a credit card. If you're a tourist in NL, bring cash.
In Poland, we have this wonderful system called BLIK. You provide nothing except a single-use 6-digit code, then you confirm the payment in your bank's mobile app. It works in online payments, physical stores and ATMs, it supports bank transfers using just a phone number, and recently it's been upgraded to support contactless payments as well https://en.wikipedia.org/wiki/Blik
> "The security of your card details is only marginally improved" Please don't be ridiculous, I understand you have to instill fear in the people reading this for them to use your service, but the security of what you described before to today has improved by orders of magnitude: - I'm going to guess no HTTPS 20 years ago (it was formally specified 22 years ago). - Merchant employee has access to the raw data of your…
So while it became a formal specification in 2000, browsers where already supporting it at the time.
The government can always make it worse. The EU removed my prepaid card simply because I refused to get a phone for it which was expected to receive some sort of permission for each transaction.
SCA is a big improvement for most people. Some card issuers don't require it done via a phone if that's important for you.
And some (looking at you, DBS) toggle seemingly at random between requiring it via SMS or via their mobile app.
Earlier quoted context omitted.
It still costs money. Transactions cost more because of the insurance. And it's still bizarrely insecure. Credit card numbers get leaked all the time, even if you personally haven't experienced it. Not to mention that it's inconvenient having to type in all those numbers. Security can actually make things more convenient in this case. When I buy something, I just have to scan the QR code with my banking app and autho…
I've recently moved to NL from the USA; iDeal is great! I won't go into the excruciating slog of work that was required to open a Dutch bank account as a US Citizen, but now that I have an account, it's awesome! Account transfers are much faster as well, which is true for most (all?) SEPA countries. I know the US is actively working on a faster/cheaper transfer system but realistically that is still 5+ years away for…
I keep hearing about these horror stories but I've only actually experienced it once, years ago in mainland China.
I (also a US citizen) moved back to Europe this summer and opened accounts in both DE and NL; I only had to provide my passport, SSN, and proof of address and I was good to go.
Am I just preternaturally lucky, or what?
Earlier quoted context omitted.
SCA is a big improvement for most people. Some card issuers don't require it done via a phone if that's important for you.
> Some card issuers don't require it done via a phone And some (looking at you, DBS) toggle seemingly at random between requiring it via SMS or via their mobile app.
The card issuer can send you a one time link to a web portal by email or using an iframe, where you log in and confirm the transaction.