diff --git a/sql/branch.sql b/sql/branch.sql
new file mode 100644
index 000000000..8994f50d7
--- /dev/null
+++ b/sql/branch.sql
@@ -0,0 +1 @@
+UPDATE exchange_routes SET is_default_for = 'EUR', is_default = null WHERE network = 'stripe-sdd' AND is_default;
diff --git a/templates/macros/payment-methods.html b/templates/macros/payment-methods.html
index a7e2ecf40..ff4b40463 100644
--- a/templates/macros/payment-methods.html
+++ b/templates/macros/payment-methods.html
@@ -22,8 +22,8 @@
     username=tippee.username
 ) if tippee.payment_providers == 0 else _(
     "Donations to {username} can be paid using a credit or debit card "
-    "({list_of_card_brands}), or by direct debit of a Euro bank account "
-    "(for donations in Euro only).",
+    "({list_of_card_brands}), or by direct debit of a euro bank account "
+    "(for donations in euro only).",
     username=tippee.username,
     list_of_card_brands=["American Express", "Cartes Bancaires", "Diners", "Discover", "JCB", "Mastercard", "UnionPay", "Visa"],
 ) if tippee.payment_providers == 1 else _(
@@ -31,7 +31,7 @@
     username=tippee.username
 ) if tippee.payment_providers == 2 else _(
     "Donations to {username} can be paid using: a credit or debit card "
-    "({list_of_card_brands}), a Euro bank account (SEPA Direct Debit), or "
+    "({list_of_card_brands}), a euro bank account (SEPA Direct Debit), or "
     "a PayPal account.",
     username=tippee.username,
     list_of_card_brands=["American Express", "Cartes Bancaires", "Diners", "Discover", "JCB", "Mastercard", "UnionPay", "Visa"],
diff --git a/www/%username/giving/pay/%payment_id.spt b/www/%username/giving/pay/%payment_id.spt
index 6196d467f..3f543a67b 100644
--- a/www/%username/giving/pay/%payment_id.spt
+++ b/www/%username/giving/pay/%payment_id.spt
@@ -318,9 +318,9 @@ title = _("Funding your donations")
                     % elif not sepa
                     <small class="text-danger">{{ _("Only for donations to SEPA countries") }}</small>
                     % elif payment.currency != 'EUR'
-                    <small class="text-warning">{{ _("Euro donations only") }}</small>
+                    <small class="text-warning">{{ _("Only for donations in euros") }}</small>
                     % else
-                    <small class="{{ 'text-warning' if warn else '' }}">{{ _("Euro bank accounts only") }}</small>
+                    <small class="{{ 'text-warning' if warn else '' }}">{{ _("Only euro bank accounts") }}</small>
                     % endif
                 </h4>
                 % if possible
diff --git a/www/%username/payment/index.spt b/www/%username/payment/index.spt
index d8f84e511..3e1753ac5 100644
--- a/www/%username/payment/index.spt
+++ b/www/%username/payment/index.spt
@@ -164,7 +164,7 @@ subhead = _("Payment Processors")
     <h3>Stripe</h3>
     <p>{{ _(
         "With Stripe your donors can pay by card or direct debit directly from the "
-        "Liberapay website. (Direct debits are currently only supported from Euro "
+        "Liberapay website. (Direct debits are currently only supported from euro "
         "bank accounts.)"
     ) }}</p>
     % if stripe_accounts
diff --git a/www/%username/routes/add.spt b/www/%username/routes/add.spt
index 66c0fe7c6..d7ca94c2d 100644
--- a/www/%username/routes/add.spt
+++ b/www/%username/routes/add.spt
@@ -120,7 +120,7 @@ title = _("Add a payment instrument")
                 {{ _("Forget this bank account number after one payment.") }}
             </label><br>
             <label>
-                <input type="checkbox" name="set_as_default" value="true" checked />
+                <input type="checkbox" name="set_as_default_for" value="EUR" checked />
                 {{ _("Use this payment instrument by default for future payments") }}
             </label>
         </fieldset>
diff --git a/www/%username/routes/index.spt b/www/%username/routes/index.spt
index 079189536..606f9cb7c 100644
--- a/www/%username/routes/index.spt
+++ b/www/%username/routes/index.spt
@@ -23,7 +23,9 @@ if request.method == 'POST':
         try:
             route_id, currency = request.body['set_as_default_for'].split(':')
             route_id = int(route_id)
-            if currency not in constants.CURRENCIES:
+            if currency == '':
+                currency = None
+            elif currency not in constants.CURRENCIES:
                 raise ValueError(currency)
         except ValueError:
             raise response.invalid_input(request.body['set_as_default_for'], 'set_as_default_for', 'body')
@@ -181,18 +183,27 @@ title = _("Payment Instruments")
             % if route.status in ('chargeable', 'pending')
             <span>
                 <button class="btn btn-danger btn-xs" name="remove" value="{{ route.id }}">{{ _("Remove") }}</button>
-            % if not route.is_default
-                <button class="btn btn-primary btn-xs" name="set_as_default" value="{{ route.id }}">{{ _("Set as default") }}</button>
-                % if last_payin and participant.donates_in_multiple_currencies
-                    <button class="btn btn-primary btn-xs"
-                            name="set_as_default_for" value="{{ route.id }}:{{ last_payin.amount.currency }}"
-                            title="{{ _(
-                                'Use this instrument by default for payments in {currency}.',
-                                currency=Currency(last_payin.amount.currency)
-                            ) }}">{{ _(
-                        "Set as default for {currency}", currency=last_payin.amount.currency
-                    ) }}</button>
-                % endif
+            % if route.network == 'stripe-card' and not route.is_default
+            <button class="btn btn-primary btn-xs" name="set_as_default" value="{{ route.id }}">{{ _("Set as default") }}</button>
+            % endif
+            % if route.is_default_for
+                <button class="btn btn-warning btn-xs"
+                        name="set_as_default_for" value="{{ route.id }}:"
+                        title="{{ _(
+                            'Stop using this instrument by default for payments in {currency}.',
+                            currency=Currency(last_payin.amount.currency)
+                        ) }}">{{ _(
+                    "Unset as default for {currency}", currency=last_payin.amount.currency
+                ) }}</button>
+            % elif route.network != 'stripe-card' and last_payin and participant.donates_in_multiple_currencies
+                <button class="btn btn-primary btn-xs"
+                        name="set_as_default_for" value="{{ route.id }}:{{ last_payin.amount.currency }}"
+                        title="{{ _(
+                            'Use this instrument by default for payments in {currency}.',
+                            currency=Currency(last_payin.amount.currency)
+                        ) }}">{{ _(
+                    "Set as default for {currency}", currency=last_payin.amount.currency
+                ) }}</button>
             % endif
             </span>
             % endif
@@ -216,15 +227,13 @@ title = _("Payment Instruments")
                 ><span class="sr-only">{{ _("Add a card") }}</span></a>
         </div>
     </div>
-    <div class="panel panel-default {{ '' if has_euro_donations else 'muted' }}">
+    <div class="panel panel-default {{ '' if has_euro_donations and participant.guessed_country in constants.EUROZONE else 'muted' }}">
         <div class="panel-body overlaid">
             {{ icon('bank-account', size=32) }}
-            <h4>{{ _("Bank Account") }}<br>
+            <h4>{{ _("Euro Bank Account") }}<br>
                 <small>
-                    <span class="text-{{ 'info' if participant.guessed_country in constants.EUROZONE else 'warning' }}">{{
-                        _("Euro bank accounts only") }}</span><br>
-                    <span class="text-{{ 'info' if has_euro_donations else 'warning' }}">{{
-                        _("Euro donations only") }}</span>
+                    <span class="text-warning">{{
+                        _("Only for donations in euros to recipients in SEPA countries") }}</span><br>
                 </small>
             </h4>
             <a class="overlay" href="{{ participant.path('routes/add') }}?type=stripe-sdd"
diff --git a/www/about/faq.spt b/www/about/faq.spt
index a5c5efa24..b2e842ed4 100644
--- a/www/about/faq.spt
+++ b/www/about/faq.spt
@@ -172,9 +172,10 @@ title = _("Frequently Asked Questions")
         "The available payment methods depend on which payment processors are "
         "supported by the recipient. If a payment is processed by Stripe, then "
         "most credit and debit cards ({list_of_card_brands}) are accepted, as "
-        "well as SEPA Direct Debits (for Euro donations only). If a payment is "
-        "through PayPal, then it's possible to pay in various ways, however "
-        "the donor needs to have or create a PayPal account.",
+        "well as SEPA Direct Debits (only for donations in euros to recipients "
+        "in SEPA countries). If a payment is through PayPal, then it's possible "
+        "to pay in various ways, however the donor needs to have or create a "
+        "PayPal account.",
         list_of_card_brands=[
             "American Express", "Cartes Bancaires", "Diners", "Discover", "JCB",
             "Mastercard", "UnionPay", "Visa"
diff --git a/www/about/global.spt b/www/about/global.spt
index 2458e1125..ed1d5904d 100644
--- a/www/about/global.spt
+++ b/www/about/global.spt
@@ -65,7 +65,7 @@ title = _("Global")
     "",
     "Liberapay is also available to creators in the {n} territories listed below. "
     "However, donations going to those territories cannot be grouped to lower the "
-    "payment processing fees, and the Euro direct debit payment method isn't "
+    "payment processing fees, and the euro direct debit payment method isn't "
     "available to the donors.",
     n=len(stripe_countries_outside_sepa),
 ) }}</p>