> The security risk to bank account details is regionally specific. In Europe, IBAN and BIC numbers are readily given out. One reason why is that they are only used in the credit direction.
That's not true, IBANs can be used for direct debit between supporting banks. That's most commonly used for repeat invoices but some shops also support it as payment option for one-time purchases, although instant payments are taking over the latter use-case.
That's not true, IBANs can be used for direct debit between supporting banks. That's most commonly used for repeat invoices but some shops also support it as payment option for one-time purchases, although instant payments are taking over the latter use-case.