4 ms·
I still think it's crazy a first world country is using cheques regularly.
by averageRoyalty 2y ago
I still think it's crazy a first world country is using cheques regularly.
- xp84 2y agoWell, that's what happens when all the other options were invented by companies that are scheming to scam a cut of every transaction -- not to mention checks are the only way that doesn't require the receiver to give some awful private company all your information in order to get paid.
- lkbm 2y agoFunny thing is, people think their bank account number is private, but it's printed on every check they write.
- xp84 2y agoYeah, one of those funny legacy things from the days when convenience and cost of storing alternate identifiers dictated designs. Just like how my SSN was printed on my school ID that I presented at the library and dining hall 20 years ago. NBD!
- xp84 2y agoBtw by private info though, I just meant you need to actually create an account to use Zelle, PayPal, cash app, Apple Pay, etc. The account number isn’t as big a deal, just that it is annoying to have to make an account and agree to a 200-page EULA, with a random third party company you didn’t choose, just to receive some money you’re owed.
- selimthegrim 2y agoThis is one of those secret versus private things that pops up now and then.
- averageRoyalty 2y agoMy bank doesn't charge any fees for transfers, and our EFTPOS fees are not allowed to be above what it costs the merchant. No private companies (beyond the bank themselves) have access to private information.
- toast0 2y agoNo, we don't use cheques. We use checks. Much better.