Hello everyone,

I’m living in Germany and looking for a good PayPal alternative. I mainly need it for:

  • Sending money to friends
  • Paying online, especially to small vendors
  • Ordering food and everyday purchases

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!

    • Don_alForno@feddit.orgEnglish
      4·
      1 day ago

      It’s absurd that this only works if your bank is officially on board. All this really is is a phone number/e-mail to IBAN “DNS”. It shouldn’t be that complicated.

      If I’m gonna have to go through “do you have Wero? No? Would you consider getting it? Oh, your bank is not in on it? That sucks.” every time, a normal bank transfer via IBAN is certainly quicker. Free real time transfers are mandatory now anyway.

      • Pup Biru@aussie.zoneEnglish
        4·
        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 <username>@<short domain> (up bank for example has whoever@up.me) associated with your account, orrrr services to pay bills sometimes have <account number>@<service payment domain>

        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”

    • Gollum@feddit.orgEnglish
      3·
      1 day ago

      I am currently using N26, which seems not supported. 😔

      Maybe I should switch away from N26… I don’t like them anymore.

    • ShadyQuark@feddit.orgOPEnglish
      7·
      1 day ago

      Thanks for suggesting Wero! I tried it out, but unfortunately, they’re incompatible with my bank (Deutsche Bank). It does seem super cool, though! I’ll follow their progress and hope they add support soon. I appreciate the recommendation.