I've heard about Bunq, Klarna, Revolut, and N26, but I'm not sure which one would be best for my needs. Has anyone had experience with these services in Germany? Which would you recommend and why?

Thanks in advance!

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[–] pupbiru@aussie.zone 4 points 1 day ago* (last edited 1 day ago)

that’s exactly how PayID works in australia: in every bank interface you can “pay to” email addresses, phone numbers, ABN (australian business number) and a whole range of things, and it’s implemented as essentially a DNS of those things to our version of IBAN - it works great! and some banks automatically give you an @ (up bank for example has whoever@up.me) associated with your account, orrrr services to pay bills sometimes have @

i was just in europe and did some bank transfers and received - both with european bank accounts - and was pleasantly surprised that it was instant!

these 2 things combined in australia means we don’t have these shit middle-men and it’s all insured etc the same as any old money transfer (because it is) and you’re not relying on some “totally not a bank so we don’t follow banking regulations”