[nradov]

Yes, it is completely insane and stupid. Direct bank-to-bank transfers require significant administrative work to set up, and may still incur bank fees. For individual consumer accounts most people can use Zelle but it's not universally available.

[Synaesthesia]

Funny how South Africa has a way more sophisticated banking network than the USA.

[hermanzegerman]

I think nearly every other country has instant and free/low-cost bank transfers, without relying on some Apps.

I haven't seen a cheque my entire life, and I'm born in the last century