61–70 of 73 posts
For the life of me I cannot understand anyone would use PayPal. I'd rather trust the postal system with an envelope of money. I have yet to see an area where there aren't better options.
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> I think some UK banks are much more trigger-happy than the global average For a good year, Barclays would ask me if my monthly Oyster purchase, for the same cost, at the same station, on roughly the same day of the month, was actually me doing it. Natwest, similarly, have blocked my "early September, about £1200, to Apple" payment for 5 years in a row now. It's infuriating.
The real travesty is that the credit card companies have had over 25 years to standardize a secure payment system and get it into browsers, yet have still failed to do so which is why we have fraud detection heuristics and their associated false positives. SET was launched in 1996, for crying out loud: https://en.wikipedia.org/wiki/Secure_Electronic_Transaction
Additionally there's the Payment Requests API from W3C which is compatible with Apple Pay and Google Pay.
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A same-bank-as-your-cash-account credit card set up for full payment at the end of the month, so there is no financing. Technically a CC, feels like a DC. Thats my experience in EU a I worked in Banking in many countries .
There is no credit on the cards you get in the EU, except if you ask for some. By default there is no. A credit card is, well, a credit with rates etc. You may pay a part and the rest runs as a credit. You have a specific contact for that. Also a credit card can be issues without a backing bank account. Our cards always (in practical sense) are backed by an account. This is not how the cards work in the EU. You have…
For the life of me I cannot understand anyone would use PayPal. I'd rather trust the postal system with an envelope of money. I have yet to see an area where there aren't better options.
At the moment I use paypal when my bank rejects a credit card transaction due to fraud risk. For example this happened yesterday when I tried to make a payment to a (very reputable) educational institution for an application fee. This is by no means a high risk transaction. In fact I would go so far as to say the payment could never in a million, billion, Brazillian years be fraud, but it was rejected. But they take…
Had it happen recently in the US when paying for a hotel room. They immediately froze the card when it was swiped through the machine by hotel staff. Clicked yes in the app, and it went through.
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There is no credit on the cards you get in the EU, except if you ask for some. By default there is no. A credit card is, well, a credit with rates etc. You may pay a part and the rest runs as a credit. You have a specific contact for that. Also a credit card can be issues without a backing bank account. Our cards always (in practical sense) are backed by an account. This is not how the cards work in the EU. You have…
I live in Spain and I absolutely have a real credit card. The interest rate is awful(18%), but as long as I make a minimum payment each month, it's up to me when I pay it off.
Is it common in Spain to use CC, as opposed to Debit Cards (usually delayed payment ones)?
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I live in Spain and I absolutely have a real credit card. The interest rate is awful(18%), but as long as I make a minimum payment each month, it's up to me when I pay it off.
Ah! Which card is it? (which issuer). Is it attached to a bank account? Is it common in Spain to use CC, as opposed to Debit Cards (usually delayed payment ones)?
I don't think it's super common to use them day to day as I do. People often use them to split payments for big ticket items. But by using it, I get percentages when buying food and other specific items, so I just run the card and pay it off immediately.
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10-15 years ago (when I started using paypal) most Europeans didn't have a credit card and most US-based services (and things like Ebay and Dealextreme) didn't accept anything but credit cards and paypal. And this sometimes is still the case.
Credit card is a rarity in Europe, because what we call a "credit card" is actually a debit card. Credit card are available at a premium, and while they offer some other advantages, few people use those. Visiting the US is actually one of the compelling reasons to get one. In France (and I'm going to guess similar rules exist in other EU countries), businesses are required to accept at least 2 different payment optio…
- Debit card: payment is immediately subtracted from the bank account. "Normal". No charge backs. Accepted almost everywhere. No or nearly no charge per transaction (for the user). Return debit possible (when returning an item)
- Credit card: payments either summed as a loan or monthly charged from the bank account. Charge backs possible. Costs additional money each year, and some transactions may also cost 10 or 15 cents. Not accepted everywhere, mostly in diners or super markets - not in most retail stores. Most people don't have a credit card and/or don't use it regularly.
For the life of me I cannot understand anyone would use PayPal. I'd rather trust the postal system with an envelope of money. I have yet to see an area where there aren't better options.
PayPal is excellent for sending money (buying) for the same reason it is terrible for receiving money (selling). Essentially, the buyer is always right, and so, as a buyer, it is very easy to get your money back in case of a problem. The seller is the one who gets all the fees, and needs to justify himself if there is a dispute. Sellers offer PayPal because even though it is really bad for them, it gets them customer…
PayPal is the pinnacle of stupidity. I've sold the same digital product many thousand times, and this has happened multiple times: Some customers decides to try to get it for free by paying and then creating a PayPal claim by lying that someone else made the purchases or that it was not delivered. And this usually works, and people tell others, so more people abuse it. Basically every single time someone tries to com…
This is super interesting to me. I am an amateur artist and I publish my stuff on instagram (@pamar). In the last year I had multiple cases of people contacting me out of the blue and asking if I could draw a picture of their nephew's favourite dog (it is always a dog, and it is always for their nephew whose birthday is coming soon so there is an implicit sense of urgency). I never actually pursued this stuff because…
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My reason for getting a credit card as soon as possible when I moved to Germany, was being able to switch the country of residence of some of my services to Germany, because they only accepted a local credit card as proof of residence here. Google was the main culprit in this regard. Mind you, the credit card itself is a serious joke - it's designed to be useless as far as I'm concerned. You cannot change the billing…
Which credit card did you get in Germany? (I am seriously interested in that question)