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I have been using PayPal off and on since 2012 for 2 main reasons.
1 - Convenience, I didn't have to enter a credit card every time I purchased from a site other than usual trusted sites where I store my payment information, like Amazon, and sending payments to friends/family was simple.
2 - Peace of mind.
I recently found that the assumption of (2) was wrong, so I fired PayPal. I don't want to get into the details. Beyond being therapeutic, it won't really make life better moving forward.
That brings me to the question, since I have fired PayPal, I am sure that someone will want to send me, or more likely, have me send them money. Before I go out and research the providers on my own, I thought I would come here. What do Soylentils suggest for peer to peer payments?
(Score: 2) by Aiwendil on Friday December 02 2016, @09:29AM
Probably quite a bit outside the poster's unspecified region but it might be interesting for some of you to know the common way to do petson-to-person in sweden.
In sweden smartphones are _very_ common and so are electronic id - the banks got wise to this and created a thing they call Swish (and all major banks here are connected to it).
Quick outline:
-Setup-
* Download e-id for smartphone, download swish-app
* Log in to your bank's internet-services
* Activate swish by selecting which bank-account you want to use it on
* Select which phonenumber you want to activate with swish
* verify in swish-app (with e-id)
-Usage-
--Send money-
* Start app, enter receivers phonenumber, enter amount, entrr pin, send. Arrives in a few seconds
* Withdrawn from set-up account
--Receive money (person)-
* Give out your (set-up) phonenumber, wait for the other party to claim they have "swished it", check history in swish-app.
* deposited into set-up account
--Receive money (company)-
* Use the merchant version, just another digital payment method (we have five-six common so far)
Free of charge for persons (excepting the small fee (24sek ~ 2.5usd per year) for internet banking, which most people have anyways if they have a smartphone or computer).
And yes, this has gone to the point where cash has become rare between persons and even street performers has started to specify where to swish.
(Just to drive home how how uncommon cash are around here:
* I've only handled paper-money six times in the last 12 months (three times due to drinking at a club with cash-only covercharge [had to cover a friend two of the times, she didn't bring cash, but being swedes she instead covered a few of my rounds to the same amount], two times dealing with grandparents and the last time buying a soft drink)
* People have started to specify if they accept cash
* They put up big signs if it is cash-only
* Clubs with cash-only cover-chargers tend to specify "no, not even swish" and post maps to nearest ATM.
* You don't even react to "we don't accept cash"/"electronic payment only" signs at stores
* You can't use cash to pay for bus-fare in most (all?) major cities)