PayPal Alternative? - What's your opinion?


I'm thinking about opening an electronic checking account with ING that would allow me to avoid PayPal fees. Basically the account would allow me to send money to anyone as long as I had their email address. Once I direct the funds to go to that person, ING pulls the money from my account, and sends the recipient an email that money is available. The recipient clicks the link in the email, inputs their own bank routing number and account number, and - zip - the money is theirs.

Does anyone already use this? Or would you be willing to input your bank info to receive money in this way?
grannyring

Showing 1 response by sit

I disagree with Jamiek about never trading outside of Paypal.

I will NOT be using Paypal for the forseeable future and have not for several years since they made such a mess of my account and were non-to-quick at fixing things. I understand this is the exception to the vast experience out there and was for me up until several years ago prior to Paypal's screwup.

I deal with bank money orders, cashier's checks,or personal check waiting 'till it clears the bank. My largest transaction was just over $5k.