Hacker News new | ask | show | jobs
by 64mb 4284 days ago
People still use cheques? Don't you guys over the pond have Direct Debits?
2 comments

Not really. I tried send someone a large sum recently and my options were 3rd party payment sites (Paypal, Google Wallet etc), cash, or check. Direct transfers (ACH) do exist, but it's difficult to set up and so is usually between accounts owned by one person (bank<->bank, bank<->Paypal). Plus it takes 3-5 business days. I ended handing over a cashier's check.
The concept exists, but it requires the payee to actually set that up.