I used to send money to my mom and brother through this complicated Royal Bank process that required me to know their banking information. Fine, as they could trust me. But what about strangers – they don’t know I’m probably not going to steal their identity. So, I don’t think that ever took off.
When I sold my furniture to someone, he wanted to send me money and asked if I banked on-line. No way buddy – you’re not getting my banking info! But turns out, you can send money to people via e-mail and interac. Cool. I didn’t know – it was all completed within 15 minutes, and there was my $80 in my bank account.
August 17th, 2012 Extra-Ordinary: The vague uneasiness felt when someone 20+ years your senior teaches you about some new fandangled technology thing. That’s backwards, grandpa!