Hacker News Reader

I'm still frustrated by how far behind we (North Americans) are in terms of payments. What ever happened to using debit cards online? I find promise in email money transfers. But it's still a closed circle. Canadian banks only allow it among Canadian banks.

View on HN

In Italy that, trust me, is not the best place to do business in the world, normal bank accounts with home banking can be used to transfer money among individuals just paying 50 cents for the transaction. The donwside is that it takes 3 days for the transfer to complete.

Here in Europe this is the most common way to exchange money. I perform at least 5/6 transfers every month as individual, and many more with my company.

Reply on news.ycombinator.com