Comment on Elon Musk gives X employees one year to replace your bank - ‘You won’t need a bank account... it would blow my mind if we don’t have that rolled out by the end of next year.’

<- View Parent
ziggy@feddit.de ⁨1⁩ ⁨year⁩ ago

In Germany there is this company called Sofortüberweisung. They are the exact thing you described. The “pro” for the consumer is, that the transfer is directly confirmed by the third party and the seller can ship right away. The con is that now Sofortüberweisung has your whole banking history of the last 3 months. They will sell this data to their “partners” and make good money with it. If you don’t have a credit card, that’s one of the only ways to pay fast directly if you don’t want to use PayPal.

source
Sort:hotnewtop