[user5994461]

That's a rather pessimistic view of bank transfer. Companies doing B2B transactions above 10k regularly use and often prefer bank transfer. It's more security for both the buyer and the seller, no fees, and cheaper exchange rate if changing currencies.

The reversibility of card charges is a huge con, not a pro. Don't want it for large transactions, especially if involving physical goods (non recoverable costs). Besides, chargeback is a privilege reserved to consumers, it's not available to business accounts.