top | item 7871367

(no title)

ama729 | 11 years ago

> Paying to other European countries isn't great via the banks

How so? With SEPA[1] it's both easy (European wide bank account number) and free (might not be the case if both accounts use different currencies though, but in euros it's free).

[1] https://en.wikipedia.org/wiki/Single_Euro_Payments_Area

discuss

order

mcintyre1994|11 years ago

That was definitely an oversight on my part, sorry. I'm in the UK and while we have free payments to UK banks we don't to Europe. My bank charges £22 and takes 2-4 days to make a payment in Euros to Europe, from GBP. We do have EBANs though. Paypal was much better but SEPA sounds like a much better approach.

That just makes me wonder more why they went for Europe first, it seems to be impossible to monetise pretty much anything except cross currency.