Paying with SEPA

[burglar225]

Hi Guys,
are you able and willing to give us a SEPA payment method? I don't have a CC and also don't really like paying with PayPal. I do pay with PayPal in your store, but only because I have no other options...
Isn't SEPA also cheaper for your as PayPal demands some percents of the price?
Please think about it, it would be really great.

Greetings

 

[gigau]

Isn't SEPA also cheaper for your as PayPal demands some percents of the price?

No idea what SEPA is, to be honest, but i can vouch that Paypal when buying something on Paradox shop or Steam is completely free of charge... i use Paypal all the time.

I believe a fee is taken for Paypal transfers between regular people, not when paying on a store.

 

[Wagonlitz]

Paypal when buying something on Paradox shop or Steam is completely free of charge

That's only technically true. At least for those of us who don't live in the Eurozone/the US. The exchange rates they charge are considerably worse than the actual exchange rate. Something like 4% higher.

 

[gigau]

That's only technically true. At least for those of us who don't live in the Eurozone/the US. The exchange rates they charge are considerably worse than the actual exchange rate. Something like 4% higher.

Geez... i see. Thanks for the info.

 

[Wagonlitz]

Geez... i see. Thanks for the info.

And it's not even because the rate is high fluent (at least not in all cases; wouldn't want to know what they charge for very volatile rates), because those 4% is what they take when I pay in € and I'm a Dane and our currency unit has been pegged since 1983 first to the D Mark and then to the Euro---and it can't deviate more than something like 0.05% and the national bank is aggressively making sure that it doesn't deviate from that (which at the moment, due to our AAA rating, means that we're running actual negative interest rates on our loans. If I go down to the bank and loan a million € in an F1 loan the bank will pay me around 5000 € a year in interest on the money the bank loaned me (though there's still fees so the bank still makes money at the moment, but that might change the next time Greece burns another 100 billion € on a public bonfire).

So yeah paypal is expansive to use---though it's no surprise they charge this really poor exchange rate since how else would they make their money.

 

[burglar225]

No idea what SEPA is, to be honest, but i can vouch that Paypal when buying something on Paradox shop or Steam is completely free of charge... i use Paypal all the time.

I believe a fee is taken for Paypal transfers between regular people, not when paying on a store.

With SEPA you can allow someone to withdrawal money from you bank account. In Germany we already had a similiar payment method a long time before SEPA. It was called "Lastschrift". Google Translator says "direct debit". Whatever
PayPal doesn't cost anything extra for you, but for Paradox. Same with Steam. When you buy in the Steam Store, Valve gets like 30% of the price. This is why I always buy on the Paradox Store.

E: I think SEPA is only available in the EU.

 

[Nikolai]

No idea what a SEPA is, but you don't need a credit card to buy stuff online. Myself, I use my debet card for a lot of purchases.

 

[gigau]

No idea what a SEPA is, but you don't need a credit card to buy stuff online. Myself, I use my debet card for a lot of purchases.

Not al debit cards can be used on the web... for example, my main one can't.

 

[Nikolai]

That's weird. All cards used in Scandinavia can. Sounds like you should get a proper bank.

 

[gigau]

That's weird. All cards used in Scandinavia can. Sounds like you should get a proper bank.

I'm in one of Belgium's main bank... it's not a question of "proper bank" or not... every country has its customs and all, well over here, regular debit cards don't always go to on the web.

For that, i have a prepaid mastercard... it's the less expensive system, and it works for me.

 

[Matt714]

No idea what a SEPA is, but you don't need a credit card to buy stuff online. Myself, I use my debet card for a lot of purchases.

Depends where you're from. Can't purchase online with debit card in Canada.

 

[Wagonlitz]

That's weird. All cards used in Scandinavia can. Sounds like you should get a proper bank.

Pretty much all debit cards also are visa cards---at least here in Denmark. Might very well be that that's the reason they can be used internationally. (Though on national websites I'm pretty sure that a non visa debit card would be fine (we don't really use credit cards at all here).)

 

[TinyWiking]

That's weird. All cards used in Scandinavia can. Sounds like you should get a proper bank.

Not necessarily . When I moved back to Sweden in 2015 I was issued a MasterCard and it didn't work as they hadn't authorized it for online purchases. That being said, getting them to fix it took less than 2 minutes so it wasn't that big of an issue.

As for payment methods: we are looking at expanding into other forms moving forward but nothing has been set in stone. It's a process that takes time and it will be a while before we make any changes/additions to the current setup.

 

[Slargos]

SEPA is a method of direct account transfer. I use it when I transfer money from my Swedish to my Norwegian account. I've never seen it as a method of payment anywhere.

Some Swedish webstores allow (or used to anyway, I haven't seen it in a while) you to pay directly by helpfully logging on to your bank account and making a direct transfer facilitated by a "secure" system, but I've never been particularly comfortable with the security of it.

 

[gigau]

Before Paypal was made available in a suitable way in Belgium (won't bore you with the details), i used to be able to buy games on Gamersgate through direct account transfer...