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by ama729 4385 days 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

1 comments

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.