For money transfers, here in Canada we have e-Transfers from every major bank. For a small fee, businesses can verify their identity and it makes sending them

For money transfers, here in Canada we have e-Transfers from every major bank. For a small fee, businesses can verify their identity and it makes sending them money as simple as transferring money between your Checking and Savings accounts. For everyone else, your money is sent as an email requiring password verification. It's quite popular. Most contractors I've worked with prefer it. However, it has been prone to theft arising from intercepted emails using weak passwords for money transfers.