boruvka
New Member
- Joined
- Jun 21, 2005
- Messages
- 88 (0.01/day)
- Location
- Hessia
| System Name | 479er (Springdale/Dothan, >50% OCed) |
|---|---|
| Processor | Intel Pentium M 730 (Dothan) @ 2.5 GHz (12x208) |
| Motherboard | Asus P4P800 SE |
| Cooling | Zalman 7000 AlCu |
| Memory | Corsair CMX 1.5GB |
| Video Card(s) | Powercolor X800 GTO @ 500/500MHz |
| Storage | Maxtor 6L250R0, Samsung SP2514N (250+250GB) |
| Display(s) | ELSA Ecomo 741 (22NF121) 22" CRT |
| Case | Avance B030 black, 3 x 80mm case fans |
| Audio Device(s) | Intel 82801EB ICH5 - AC'97 Audio Controller |
| Power Supply | Enermax 350W |
| Benchmark Scores | 38-41°C at full load... nice clocker |
The new payment system named Giropay might turn out succesful - for the first time, most of the important market players are onboard (several banks which hold a market share of 85% of Germany's online private banking as well as ebay).
With Paypal still being not-so-very popular in Germany, and credit card payments having an even less safe reputation than paypal, previous efforts to establish web payment systems in Germany turned out to be financial failures.
This came as no surprise, as the most popular means of money transfer, simple bank orders, are free of charge for both buyer and seller, fast, reliable, safe and provided by one's own bank, not an overseas firm lacking germans tough standards on safety of personal data and not subject to germany's banking laws.
Banks face stiff regulations in the german market, originating in a "lesson learnt" mentality of two currency breakdowns in the first half of the last century, where most people lost all their savings. So while the market may be overregulated, a sort of insurance against such loss es was implemented.
With bank orders being free of charge, bank accounts free of charge, and secure bank money orders (also free of charge) arriving on the sellers account the second day, a new payment system has a hard time convincing customers they actually need it.
Practically the only reason to use something different than bank money orders would be faster transfer, something which Paypal provided, but at the cost of having to use a less safe means of transfer and less safety for one's personal data - if you want to get white hair in not time, jost google "paypal horror" and read a few links...
But this time, giropay might turn out a winner!
View at TechPowerUp Main Site
With Paypal still being not-so-very popular in Germany, and credit card payments having an even less safe reputation than paypal, previous efforts to establish web payment systems in Germany turned out to be financial failures.
This came as no surprise, as the most popular means of money transfer, simple bank orders, are free of charge for both buyer and seller, fast, reliable, safe and provided by one's own bank, not an overseas firm lacking germans tough standards on safety of personal data and not subject to germany's banking laws.
Banks face stiff regulations in the german market, originating in a "lesson learnt" mentality of two currency breakdowns in the first half of the last century, where most people lost all their savings. So while the market may be overregulated, a sort of insurance against such loss es was implemented.
With bank orders being free of charge, bank accounts free of charge, and secure bank money orders (also free of charge) arriving on the sellers account the second day, a new payment system has a hard time convincing customers they actually need it.
Practically the only reason to use something different than bank money orders would be faster transfer, something which Paypal provided, but at the cost of having to use a less safe means of transfer and less safety for one's personal data - if you want to get white hair in not time, jost google "paypal horror" and read a few links...
But this time, giropay might turn out a winner!
View at TechPowerUp Main Site