Bank transfers as a payment method

Re:Bank transfers as a payment method by neom on Sunday November 28, 2021 @11:17AM (#29370052)

Curious what you mean where you go to pay? You mean in addition to peer to peer (me sending $50 to my buddy for dinner) I should be able to checkout with the link IRL also? I'm a little confused (although that's an interesting idea). FWIW, 99% of people I know have auto-deposit on, I'm not sure how it works because I don't have it on, but I presume it means if the email matches the email/phn with your bank, it automatically deposits, so most people I Etransfer don't even ask me to put a password on (if you do I guess auto deposit doesn't work or something).

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Re:Bank transfers as a payment method by OJFord on Sunday November 28, 2021 @01:48PM (#29371638)

I mean that rather than (my understanding - correct if wrong) the way this works of: A generates link to pay someone $x, A (or A's bank) sends B ('s email address/phone number) the link, B visits link and takes the payment; that I would have it be: A visits B's link, A pays by card or transfer if linked to bank account.

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Re:Bank transfers as a payment method by neom on Sunday November 28, 2021 @02:49PM (#29372254)

Oh I see, yeah it's bidirectional, either party can initiate. It's a pretty good system tbh, and amazing we've had it for so many years!!

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