Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.

      • @[email protected]English
        0•6 days ago

        What does this mean? In regard of their (who is “them”?) political affiliations? Simply the fact that they are not US based or owned lets me prefer them over PayPal.

        • @[email protected]English
          0•6 days ago

          Shitty business behaviour. People got surprised by changes in the ‘fine print’ of mail order and internet shops. Consumers had trouble with the concept that they now in essence had two contracts. One with the shop and one with Klarna. Even if the shop didn’t deliver the goods or delivered wrong or broken goods, Klarna still demanded the purchase prize.

          Klarna has a lot of automated processes. A lot of problems derived from that. People were supposed to enter a certain case number when paying - and nothing else. If people messed up by adding other info (like an invoice number/date/seller) or mistyped, Klarna’s system wasn’t able to handle it. If they couldn’t file the payment there was no other system in place to assure a correct booking. Instead consumers received payment reminders and extra reminder fees. Even when consumers showed proof of payment the system often didn’t accept it and it went on and on, in a few cases Klarna went to court about it.

          The latest is Klarna’s idea wanting banking info from consumers - and by all it’s literally everything that is mentioned in your banking statements. Klarna wants the consumer to sign a declaration of release to the bank so that Klarna can access everything.

    • SynapseEnglish
      0•7 days ago

      I haven’t tried it. Core difference (on paper): Wero is a EU government program, unlike Klarna which is operated by a private company.

      • poVoqMEnglish
        0•6 days ago

        Isn’t Wero run by a group of EU banks? First time I hear about EU involvement. Afaik it is the counter effort to the digital Euro from these banks.

        Edit: I see, the EU Commission is somewhat involved: https://en.wikipedia.org/wiki/European_Payments_Initiative but I don’t think they are the driving force behind Wero.

        • SynapseEnglish
          0•6 days ago

          You are right, I may have confused things a bit. EPI is the EU program and Wero is one project developed by a goup of banks taking advantage of the EPI.