Yes of course we can do transfers online. I've been doing business this way for decades. Even in the very very early days of the internet they started "online b

Yes of course we can do transfers online. I've been doing business this way for decades. Even in the very very early days of the internet they started "online bill payment" services, which would transfer electronically or else outright send a check as needed. It's how I paid rent in college. Also credit cards have been in widespread use for longer than that, so the need for an alternative was always only in narrow niches. The new services (and the tech companies) only selling point is they can be instant and cheaper or free (though not all older approaches have fees). And serve groups like younger people with no credit. And what is your post emblematic of with it's abuse of caps and stereotyping? I'm just talking about why they haven't replaced an older solution that "isn't broke" since it gets 99.9 percent of the job done already. No need to lose your mind.