Quoted from flynnibus:but the US general public would still freakout if you were to pay an individual and they said "give me your bank account number..."
Here in NZ almost everything is done via bank transfer.
Someone shows up to buy something off our version of Craigslist, they say “what’s your account number?”, they open their bank app, do it in front of you, show you, take the goods and leave.
Half the banks, the money instantly shows in your account, the rest settle a few times a day and it shows up later in the day.
You can always request cash if you want to, but nobody carrys it these days. I always have a wallet of cash, and when I pull it out at a store the staff look at me in amazement. In fact, half the time I go to someone’s house to buy something and offer to pay in cash, they ask me to do a transfer instead! Had this happen with a $3000 pinball purchase a few weeks ago.
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