Comment on Steam payment headaches grow as PayPal is no longer usable for much of the world: Valve hopes to bring it back in the future, 'but the timeline is uncertain'

Buffalox@lemmy.world ⁨1⁩ ⁨week⁩ ago

• WanderingThoughts@europe.pub ⁨1⁩ ⁨week⁩ ago

  They could, but in Europe each country has at least one local payment systems. It was just more convenient to provide a few global players instead of dozens local ones. Many online shops here too is just local player + visa/Mastercard. That might change now that the global players get too controlling. (Not speaking for entire EU, just the part I visited.)

  source

  • woelkchen@lemmy.world ⁨1⁩ ⁨week⁩ ago

    They could, but in Europe each country has at least one local payment systems.

    Huh? www.ecb.europa.eu/paym/…/index.en.html

    source

    • Aceticon@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

      That’s for bank transfers, not for payments.

      Mind you, you often can pay stuff online in Europe via bank transfer if it’s within the Eurozone (and the fact that it works from anywhere to anywhere in the Eurozone rather than just locally in each country is exactly because SEPA has been standardized), but it’s not reliably available in sellers and is a bit more convoluted than pure payment systems (basically you have to use your bank’s online site or app to transfer money to the account the seller provides you).

      Actually payment systems are not standardized across Europe yet, though various country-specific ones have been getting together and setting up cross-compatibility, but none of those covers more than a handful of countries.

      source

      • woelkchen@lemmy.world ⁨1⁩ ⁨week⁩ ago

        That’s for bank transfers, not for payments.

        Let be blow your mind: Transfer money to Valve’s EU bank account, get the game in return.

        source

        • -> View More Comments
    • WanderingThoughts@europe.pub ⁨1⁩ ⁨week⁩ ago

      That works for account to account transfers and in shop payment with your card. The online payment world is still a lot more fragmented.

      source

      • amju_wolf@pawb.social ⁨1⁩ ⁨week⁩ ago

        Um, no? They can provide an IBAN and then you can pay almost instantly with most banks, with the worst ones taking a business day or two.

        source
      • woelkchen@lemmy.world ⁨1⁩ ⁨week⁩ ago

        That works for account to account transfers

        Yeah, so? europeanpaymentscouncil.eu/…/sepa-instant-credit-…

        The online payment world is still a lot more fragmented.

        Valve literally only needs an EU bank account. Doesn’t help the rest of the world but the outlandish claim was that within Europe Valve would need to support “at least one local payment system” per country and that’s just wrong.

        source

        • -> View More Comments
  • Buffalox@lemmy.world ⁨1⁩ ⁨week⁩ ago

    That is true, I am also in EU, and I use Visa for purchases outside Denmark and also for Steam.
    We also have local payment systems that are mostly exclusive to Denmark. Many have Visa but not all, so only accepting Visa may lose Steam some business.
    To cover Denmark 100% they will need to accept Dankort or MobilePay by Danske Bank. Everybody here have both of those, and they are both cheap and excellent to use.
    I personally don’t have PayPal because I despise the company for their high rates.

    source