I've been reading quite a bit about this new startup that only charges 1% transaction fees with a maximum of US $5.
Now they are creating a mobile app that sounds like one would be able to kiss rent checks/business check writing goodby. What interests me is if one wanted to buy/sell a higher priced item, ie, boat, auto, etc, payment goes from sellers banking institution directly to yours unlike through a third party (PayPal). $5 to transfer $10,000-$30,000 quickly doesn't seem too bad...
Here is a writeup that gives a better idea of what can be done...Skip PayPal - Send Money From Bank to Bank With Zipmark
If anyone is using it now, please let me know how you like it.
Randall
Now they are creating a mobile app that sounds like one would be able to kiss rent checks/business check writing goodby. What interests me is if one wanted to buy/sell a higher priced item, ie, boat, auto, etc, payment goes from sellers banking institution directly to yours unlike through a third party (PayPal). $5 to transfer $10,000-$30,000 quickly doesn't seem too bad...
Here is a writeup that gives a better idea of what can be done...Skip PayPal - Send Money From Bank to Bank With Zipmark
If anyone is using it now, please let me know how you like it.
Randall
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