what I don't get is, why DSGV and DK is often used interchangeably. And why paydirekt is seen as a product of the dsgv. Paydirekt is offered by 1400 banks and a cooperative offer of all noticeable banks on the market.
and because everyone from Deutsche Bank to VoBa Kleinschwarzenhinterwaldseenbach wanted to talk and decied, paydirekt came years too late to compete. And even the hilariously boarding process for retailers (no single point of contact, no transparent costs and fees, everyone has to negotiate on their own with their "Hausbank" about fees, is a product of this. CommerzBank wants other fees than ING-DiBa wants other fees than KSK Ludwigsburg wants other fees than Deutsche Bank.
Im not using those two terms interchangeably.
I used both in my comment for multiple reasons:
- DK is the initiator of paydirekt
- DSGV has the most influence and the most saying if we’re all honest - they’re the biggest and they have the most customers, even though Sparkassen are mostly separate entities, DSGV is their representative in cases like this one