how so?
they are just a shop which allows you to buy something...
Go into your local bank and ask to transfer X to someone's IBAN account. You'll first have to open an account (KYC), then show an invoice.
You can't just transfer money between private accounts.
That´s not true, of course you can transfer money between SEPA accounts as you like at any volume.
A SEPA account is KYC compliant
Well, then read before you shout
How retarded are you ? They (https://www.letspaydigital.com) are using their own SEPA to transfers other people's money around.. The verification they do on their end means shit. Just a matter of time they get their account closed.