Comment by mdavid626
16 days ago
I use ING DIBA bank. I enabled WERO in the app, as that’s the only way for me to use it.
I can send money ONLY to my contacts. It doesn’t allow to type in phone number, one needs to create a contact.
I feel like Europe is just doomed. The stupidity is endless here.
Yeah but now we have instant EU-wide SEPA transfers for free, so it's not all stupidity! Also it took years to implement - banks are slow at implementing new tech. WERO is still very new, if it takes off, eventually banks will hopefully support it.
When I sold my car, the buyer wanted to use instant payments. Sounds good!
It didn’t work for the amount we needed (over 15k).
Weird, I googled around and I see every bank has their own limits, and all banks I could find claim a 30-100k or no limit at all.
Whatever LLM duckduckgo is using says 10k and ability increase as more transactions are made (to increase trust) - but it's probably using outdated data.
When did you try this? I'm guessing more than a year ago.