Why won't they just use Bank Transfers? Using Checks or Credit Cards for Payments between companies sounds completely insane and stupid
Why won't they just use Bank Transfers? Using Checks or Credit Cards for Payments between companies sounds completely insane and stupid
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.