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> Anybody who owns a car may want to sell it, and using a credit card is not an option for most private sellers Most people use bank transfers for this kind of
by skissane 4y ago
> Anybody who owns a car may want to sell it, and using a credit card is not an option for most private sellers
Most people use bank transfers for this kind of stuff. The seller gives you their bank account number and you put the money in it. I recently bought a new car from a dealer, and I paid my transferring money to the dealer’s bank account. The dealer took credit card for the initial $1000 deposit but not for the full amount - avoids all those merchant fees on the full amount.
Here in Australia, you can now attach your phone number to your bank account (called “PayID”), so the buyer can just go into their Internet banking app, and transfer the money to the seller’s phone number - assuming the seller has set that up. I’ve noticed a lot of people still don’t set it up, often because they just haven’t heard about it