Comment on Owned (stocks)
MajesticElevator@lemmy.zip 10 months agoThat’s why I love crypto. No reversals, no bs
Most small and medium businesses don’t have crypto. They use corporate P cards. So a business would call me if they launched something and the site tanked in sales. 2500 on their corporate card and their problem is fixed.
There is still a stigma for crypto.
Yea it’s mainly for people to people transaction, not really suit for company payments. It’s a lot harder to fill taxes and stuff with it
Or just use bank transfer. It’s the same as paying in cash. Do Americans still have to use third parties to send money?
I think it depends on what services your bank offers. My bank offers Zelle transactions rather than handing out your checking account number.
I’m glad to have e-transfers for these transactions in Canada.
It’s better, lot less reversals, but you don’t get the anonymity benefit from it and transfers outside your own country get really expensive
Most of our banks have Zelle, which lets us send money from one bank account directly to another. You can to use the associated email address, phone number, or name. I think it shows you the name on the account? I’m honestly not positive as I so rarely use it. But even then you could create a business account. But not many people use it. Most people prefer Paypal, CashApp, or Venmo.
Sounds like PayID in Australia. I find it pretty good and it’s starting to get more popular. And yeah with ours you can just set up a new email and link it to an account, then it’ll let you choose if you want it to show John Smith or just J Smith when someone sends you money.
PayPal is still more popular overall, but I prefer payid for the instant access to the money so I’m glad it’s gaining momentum. Nothing but PayPal ever took off over here.
I used PayPal for their credit card service.
MITM0@lemmy.world 10 months ago
Well you’re gonna love GNU-Taler
MajesticElevator@lemmy.zip 10 months ago
That’s a bit weird, but hey, why not
I prefer the good old Monero :)
BeliefPropagator@discuss.tchncs.de 10 months ago
soon ™