PayPal Alternative? - What's your opinion?

One more point: The seller would need to provide their bank routing number and account number to the buyer so this transaction could be initiated. This may make some sellers nervous, but if you think about it that information is on the bottom of every check put into the hands of every person you write a check to.

Lastly, once the recipient of the funds confirms their info in the email from ING, it can take up to two business days for the funds to clear - which is faster than personal checks and even cashier's checks these days as banks have become hesitant to accept those as immediate collected funds.

So, do you never write a personal check to anyone?

I'm not an expert, but since the ING "electric checking" does not provide customers with paper checks or brick and mortar locations, they have to provide some nice electronic options for getting money to payees - and ultimately to attract customers at all.

This was not meant to be pro & con of Paypal thread. I was really asking if other Agoners have used this person to person electronic banking. Seems very simple and no fees. No fees really. Nothing hidden by ING.

As far as account numbers etc. That info is on every personal check you send.

Was hoping to hear if others use this form of payment. Thus far it seems like only two others have used it.