I understand returned payment fees for checks, but I’ve never been charged for having a credit card decline.

Stupid of me to sign up for auto-payment when I use my credit card for gas, I guess.

  • SirQuack@feddit.nlEnglish
    2·
    4 days ago

    I really like SEPA mandates for this. Yes, they’re pull, but you can cancel them with one click within 52 days, and the money is back in your account in a few hours (if not instantly).

    Most companies that use it are very clear, since auto-pay by law needs a reminder or the refund is an automatic legal cancellation of the contract. (Of course, this is sometimes disguised as an upsell, mostly by telco’s or “disruptive startups”).

    And they work across Europe, so my German cloud provider can use debits to pull the money from my Durch bank account.

    The US not having such a consumer friendly system is really unfortunate, but not surprising.

    • AnUnusualRelic@lemmy.worldEnglish
      2·
      4 days ago

      The US not having such a consumer friendly system is really unfortunate, but not surprising.

      Well, they’re consumer friendly, so of course the US won’t have them.