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by DanBC 3900 days ago
When you say cheque I think "fax", or "betamax" or "pager number".
1 comments

Unfortunately, America hasn't reached the same level of financial sophistication as the UK regarding money transfers. It will eventually, obsoleting hacks like Venmo.
What is the sophisticated UK alternative to Venmo?
https://www.vocalink.com/

http://www.npr.org/sections/money/2013/10/04/229224964/episo... is a Planet Money episode that goes into details of how it works.