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.
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doyun@lemmy.world 4 weeks agoOr just use bank transfer. It’s the same as paying in cash. Do Americans still have to use third parties to send money?
Jeffool@lemmy.world 4 weeks ago
Robust_Mirror@aussie.zone 4 weeks ago
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.
lucelu2@lemm.ee 3 weeks ago
I think it depends on what services your bank offers. My bank offers Zelle transactions rather than handing out your checking account number.
IronKrill@lemmy.ca 4 weeks ago
I’m glad to have e-transfers for these transactions in Canada.
jaschen@lemm.ee 4 weeks ago
I used PayPal for their credit card service.
MajesticElevator@lemmy.zip 4 weeks ago
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