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No, there is no money-back guarantee with the PSD2 payment scheme. It will be a real credit transfer, so money taken from the account is money gone. There is an advantage of speed of settlement (bank transaction) and cost (standard credit transfer as opposed to credit card payment) but in my opinion each traveller should be able to select the payment method desired.

@James, thanks for nuancing my answer. Much appreciated. 

@Jan-Olof, I am not very familiar with the impact of PSD2 on cards, so this is interesting info. Currently a lot webshops in NL do have a surcharge for credit card payments and "push" customers to the certain credit transfer through iDEAL. According to what you say this will change. Interesting...

@Ketharaman. I agree with your findings. I also use credit cards due to the reasons you have summed up above. However, the playing field will change drastically if merchants are going to charge the consumer (more) for using the card and thus making the credit transfers cheaper. I see the same change in NL where iDEAL payments are much more preferred over credit cards due to advantages that come with the iDEAL payment. Free delivery, no additional %, etc.