Belgium

90 readers

1 users here now

Join us in exploring everything about the Belgium from hot off the press news to the rich history. Whether you're a local or are just interested in the country, this is the place you can use to connect with fellow enthusiasts.

Similar Community:

Sluit je aan bij deze community voor alles over België, van vers nieuws tot de rijke geschiedenis. Of je nu in België woont of gewoon interesse hebt in het land, dit is de plaats om in contact te komen met andere enthousiaste mensen.

Vergelijkbare communities:

Rejoignez-nous pour découvrir tout ce qui concerne la Belgique, des nouvelles les plus récentes à la riche histoire du pays. Que vous soyez un habitant de la région ou que vous vous intéressiez simplement au pays, c'est l'endroit où vous pouvez vous connecter avec d'autres passionnés.

Communautés similaires:

founded 8 months ago

MODERATORS

tfm

Kualdir

62.2% of online payment fraud cases in Belgium were not remedied because financial institutions refuse participation in ADR (dispute resolution) (www.ombudsfin.be)

submitted 2 months ago by ciferecaNinjo@fedia.io to c/Belgium

1 comments fedilink hide all child comments

(cross-posted from !cash)

It’s interesting to consider that Europe has entered the realm of forced banking while at the same time weak fraud protections prevent victims of electronic payments from reimbursement. Europeans cannot expect protection, nor can they opt out of the broken system.

2022 in France: 4300 cases reveal that banks systematically refuse to reimburse consumers claiming that they have acted with “gross negligence” or have authorised the payment without bringing any proof that the consumer was indeed grossly negligent or at the origin of the payment. (source)

There is a shit-show coming in the future for cross-border transactions within Europe. Quoting BEUC:

The European passporting regime allows payment institutions to search for authorisation in one Member State and then provide their service across all Member States. This system is suboptimal for enforcement as payment service providers can choose the Member State with the most liberal regime. In addition, Member States have limited possibilities to take action in their country as they are not responsible for payment service providers who registered elsewhere, and consumers will struggle to file complaints as they need to address a competent authority in another country.

(emphasis added)

top 1 comments

sorted by: hot top controversial new old

[–] iii@mander.xyz 2 points 2 months ago

Almost as if the legislation was written solely for the financial benefit of the banking industry and the authoritarian anti-privacy benefit of the EU. As if the lives of us europeans is just a resource to be maximally extracted from.