ELV is Elektronisches Lastschriftverfahren
It basicly works the same way as using your normal Bank Card
but instead of using the Card at some Mashine in the Store you send the Data Online
then the Amount specified is deductet from the Bank Account.
Well outdatet method is not really correct in this case.
Moneybookers and other Services basicly do the exactly same just that they serve as an intermediate so you dont need to send your Bank Account Data to alot of different Companys.
(after all sending your Card Number and so on also means your giving out quite a bit of data on yourself ^^ and its also alot easier when I can just use Name and Passwort instead of writing down my whole Card and Account Numbers each single payment.)
In the Shadow of the Black Cross. We Fullfill our Duty in your Name.
And Look forward to the Day we Return to your side Silvanos.
Watching over our Comrades as they Fullfill their Duty in your Name.