Quite the opposite – SEPA direct debit is an extremely successful payment scheme... | Hacker News

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lxgr on Aug 18, 2022 | parent | context | favorite | on: Can the Visa-Mastercard duopoly be broken?

Quite the opposite – SEPA direct debit is an extremely successful payment scheme in many European countries.

nephanth on Aug 18, 2022 [–]

Note that, at least in France, you can't do a SEPA direct debit with only the account number.

You need a SEPA dd "mandate" which is a (paper or electronic) document account owner asks their bank for, containing a unique identifier

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