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I don't understand what is this thing for and there's no clear explanation anywhere on the homepage. Can someone enlighten me please? Is it another PayPal kille
by mike_ivanov 14y ago
I don't understand what is this thing for and there's no clear explanation anywhere on the homepage. Can someone enlighten me please? Is it another PayPal killer or something?
- akmiller 14y agoSomeone writes you a check for your birthday, you don't have to drive to bank (or mail) to deposit. Simply take photo of front/back and send it via app and money is deposited into your account.
- jacobwg 14y agoSimple is an online-only bank (in essence) that's trying to do a lot of things "right." There's more to it (they call themselves a "bank replacement"), but that's the basic idea.
- mike_ivanov 14y ago"bank replacement" - oh, ok. Thanks.