Comment by edg5000

9 hours ago

The biggest bank in the Netherlands at least requires the app to confirm payments. Although they do still have these paper slips (maybe) for transfers but that cannot be used for ecommerce

> The biggest bank in the Netherlands at least requires the app to confirm payments

This is (I believe) part of PSD2, so basically all EZ banks require this now. Hilariously enough, they still have absurdly weak passwords but apparently they meet security requirements by forcing you to confirm stuff on your phone.

> Although they do still have these paper slips (maybe) for transfers

Are you describing checks?

  • Written (on paper) transfer orders. You fill them out at home and throw them into a special mailbox at the bank. Old people still use them, I even used them occasionally 20 years ago or so because they sometimes came with invoices, pre-filled with receiver details, so they were about as convenient as online transfer.