Maybe make the bank Apps a little more intuitive to use and make it easier to send recurring payments to your friends and the monopoly of paypal in germany could disappear
Yeah. It’s really a UI issue at this point. Just a simple frontend to facilitate SEPA transactions to contacts (which could just be a simple Name -> IBAN map stored locally)
I could imagine something like an IBAN protocol - open an IBAN link as in iban://AB26374838388 directly with your banking app and auto fill the bank transfer menu. Only add the amount of money you want to transfer.
No idea what other implications that would have e.g. for security though
Main problem I see is that as it stands it’s insanely easy to forge a SEPA mandate. Ever had to fill one out? It’s literally just a piece of paper saying “I, John Doe, allow XXX to take money for services rendered from my acount AB1234. [signature]”. The wonder of legacy processes built for companies with fax-based workflows…
I believe only some “trusted” commercial customers are authorized to turn in SEPA mandates (I know my ISP went into some bankruptcy proceedings and lost their ability to use their SEPA mandates for instance), but still, that makes me somewhat wary about who I give my IBAN to. I’d certainly not put it up online for anyone to see.
Alternatively, let’s kill contact lists completely and do this some other way. Contact lists are already a privacy disaster, allowing users to compromise all their friends’ personal information without a hint of consent.
Speak for yourself. Speaking for myself, I don’t even use my contacts app for this reason. When the “current best solution” involves telling Big Tech the identity particulars of all your friends, it is not a solution to anything. If this had not been normalized by Google and Apple 15 years ago, it would surely be illegal.
Well pardon me but “Jesus Christ” perhaps some of your friends never asked you to share their names and phone numbers with Google or anyone else just because it makes life convenient for you.
Maybe make the bank Apps a little more intuitive to use and make it easier to send recurring payments to your friends and the monopoly of paypal in germany could disappear
Yeah. It’s really a UI issue at this point. Just a simple frontend to facilitate SEPA transactions to contacts (which could just be a simple Name -> IBAN map stored locally)
I could imagine something like an IBAN protocol - open an IBAN link as in iban://AB26374838388 directly with your banking app and auto fill the bank transfer menu. Only add the amount of money you want to transfer.
No idea what other implications that would have e.g. for security though
There’s a standard that does this in form of a QR code: https://en.wikipedia.org/wiki/EPC_QR_code
True, my bank also supports this. I already saw QR-Codes on some invoices but never used it… will try it out next time.
Main problem I see is that as it stands it’s insanely easy to forge a SEPA mandate. Ever had to fill one out? It’s literally just a piece of paper saying “I, John Doe, allow XXX to take money for services rendered from my acount AB1234. [signature]”. The wonder of legacy processes built for companies with fax-based workflows…
I believe only some “trusted” commercial customers are authorized to turn in SEPA mandates (I know my ISP went into some bankruptcy proceedings and lost their ability to use their SEPA mandates for instance), but still, that makes me somewhat wary about who I give my IBAN to. I’d certainly not put it up online for anyone to see.
Didn’t know it was this simple, that’s stupid.
I believe though that in today’s day and and of banking apps this should be very easily solvable with inapp confirmations
Let’s hope the old way dies
Alternatively, let’s kill contact lists completely and do this some other way. Contact lists are already a privacy disaster, allowing users to compromise all their friends’ personal information without a hint of consent.
I’d suggest providing alternatives before killing the current best solution
Speak for yourself. Speaking for myself, I don’t even use my contacts app for this reason. When the “current best solution” involves telling Big Tech the identity particulars of all your friends, it is not a solution to anything. If this had not been normalized by Google and Apple 15 years ago, it would surely be illegal.
Jesus Christ then don’t use it if you mind, but overall, it’s the best solution for keeping track of people’s phone numbers.
You’re saying kill it but not offering a better choice, you’ll never accomplish anything like this.
Well pardon me but “Jesus Christ” perhaps some of your friends never asked you to share their names and phone numbers with Google or anyone else just because it makes life convenient for you.
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Maybe I’m missing something here, don’t we already have this UI from our banking apps?
You should push for something like BIZUM. Say what you will about Spain but we got that right.