Zippay - AIB,BoI and ptsb to launch instant payment service

[Fortune]

get their IBAN, input it correct and check it.

Copy it from their text, paste it, your banking app validates it immediately using the checksum. Hardly difficult.

After that, it's just saved in your payees. Very little difference. I suppose there's no checksum when you get someone's phone number....

 

[Fortune]

you store IBAN details in the notes section of your contacts app). Store once re-use many times.

My main banking app stores IBANs as contacts and allows them to be copied for pasting into other banking apps. For card details, all the banking apps on my phone (apart from AIB) allow me to view and copy my card numbers.

Your custom app sounds interesting.

 

[Fortune]

So why would you need to store someone's IBAN outside the App?

Because the AIB app refuses to store non IE IBANs, for example.

Want to give it a try?
NL16 BUNQ 2164 6023 07

 

[Brendan Burgess]

NL16 BUNQ 2164 6023 07

But 086 395 4785 is so much easier. And I already have it for most of my friends and people to whom I am likely to send money.

 

[Brendan Burgess]

And some people don't like others to know their IBAN for some strange reason.

 

[Dr Strangelove]

And some people don't like others to know their IBAN for some strange reason.

Direct debit fraud is rare but it does exist.

I wouldn’t put an IBAN on a web page for example.

 

[Corola]

Because the AIB app refuses to store non IE IBANs, for example.

I have Degiro and Trading212 accounts saved in my Payees, both with "DE" IBANs.

Want to give it a try?
NL16 BUNQ 2164 6023 07

That works fine.

 

[arbitron]

I can 100% understand why people do not like automatic opt-ins, they can rub people up the wrong way, but I think in this case it is justified as the downsides are vanishingly small but the benefit to the customer is big.

We accept this sort of opt-in all the time with modern technology. Once you have someone's email address or phone number you can add or contact them on all sorts of platforms without their explicit permission. The difference being that you probably click "accept" when you sign up and that includes opting in to contacts.

But when I save someone's number to my phone, they are automatically added to my WhatsApp contacts list. The other person does not have to give me permission to message them.

And I don't have to ask each contact for a different string of numbers jsut so we can chat on WhatsApp.

 

[Fortune]

Degiro and Trading212 accounts saved in my Payees, both with "DE" IBANs.

Must've changed after I gave up even thinking of using AIB.

 

[Fortune]

Direct debit fraud is rare but it does exist

I'll just reject it if a dodgy one ever comes in. Anyway there's nothing in that account (still waiting on that €30)

 

[Dr Strangelove]

I'll just reject it if a dodgy one ever comes in.

You and I are in the hyper-conscious 1% of customers.

You have to design products for the 99%.

 

[Fortune]

You have to design products for the 99%.

My bank have designed it so that whenever a Direct Debit is presented, I get a notification and have to approve it before it's paid.

 

[podgerodge]

"Revolut to join Zippay in major boost for banks’ instant payments project". (Business Post).

Interesting. Could it be trojan horse attempt?

 

[ClubMan]

"Revolut to join Zippay in major boost for banks’ instant payments project". (Business Post).

Revolut might join Zippay

https://www.businesspost.ie/banking/revolut-to-join-zippay-in-major-boost-for-banks-instant-payments-project/ Revolut to join Zippay in major boost for banks’ instant payments project Revolut has said it plans to join Zippay, the pillar banks’ new payments service. It gives a significant boost...

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