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It works like: customer gets an order number and puts this on the description of the bank transfer. This is parsed by the accounting SW coupled to this bank acc
by bgnn 2y ago
It works like: customer gets an order number and puts this on the description of the bank transfer. This is parsed by the accounting SW coupled to this bank account, and voila!
Most banks charge some amount per transaction on commercial accounts though.
- mcntsh 2y agoThe problem is that it's extremely failure prone and not instant. Gotta wait for the buyer to make the transfer, you gotta wait for the transfer to go through, you gotta hope that the buyer put in the order number in the description.