No, what GP is saying absolutely is a thing, but not terribly common. Bosch PT S... | Hacker News

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		formerly_proven on July 30, 2020 \| parent \| context \| favorite \| on: What Is the PCI of Bank Payments? No, what GP is saying absolutely is a thing, but not terribly common. Bosch PT Service is one of not that many companies that use it. You only give them your IBAN and check a box basically saying you authorize them to debit the money from your account.

dogma1138 on July 30, 2020 [–]

That’s how Direct Debit works all over the world, that tick is the PAD/PAP contract being signed you basically pre-approve debit requests with it.

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