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Use cash as much as possible and use wire transfer for online payments whenever you can.
by jeltz 15y ago
Use cash as much as possible and use wire transfer for online payments whenever you can.
- djeikyb 15y agoWith my credit union in California, wire transfers are $20 + 2-3 business days. This is cost prohibitive. Western Union is similarly pricey. Dwolla is an interesting competitor ($3/mo for unlimited instant transfers), but it needs wider adoption before it can be used directly.
- jeltz 15y agoIn Sweden wire transfers within Sweden[1] generally do not have a per transaction cost and most utility bills are paid through wire transfer. Recently many online stores have started allowing purchase with invoice (many use a company called Klarna[2] which handles the sending of invoices and the risks) which you then have to pay through wire transfer. 1. I think it is usually free to all EU countries too as long as you use IBAN. 2. https://klarna.com/en/business https://klarna.com/en/business
- nikropht 15y agoYou guys should look at Dwolla http://www.dwolla.com http://www.dwolla.com