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this post was submitted on 24 Sep 2024
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Mildly Infuriating
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Seen the same thing with other third party payment systems in south africa. Run away my dude.
As a fellow saffer, and a person who works with scam victims, I'm curious as to what services asked you to do that? Feel free to pm me.
This kind of stuff got legalised in Germany: Banks said that e.g. Sofortüberweisung was instigating their customers to break their TOS and should be shut down, anti-trust then said "nuh-uh you can't just shut down legitimate business" (Sofort is indeed legitimate) and instead put third-party systems under banking regulations, and required ordinary banks to have APIs allowing third parties do do sensible things.
...which theoretically could mean that you're sent to your actual bank to authorise and thus getting rid of the normalising phishing problem, dunno, haven't checked I'm boycotting them out of principle for going down that route in the first place. Don't serve any purpose now that we have real-time transfers, anyway.