Sending Money by E mail.
Nov 24, 2007 19:50:02 GMT -5
Post by Durgan on Nov 24, 2007 19:50:02 GMT -5
The bank of Nova Scotia has a method of sending money by E mail (Interac). I used it two days ago to send money to one of my kids. It is dead simple.
Other banks may have this method. I just discovered it two days ago. Apparently you have to sign in to BofNS to see how it is done. It is the neatest thing I saw in a long time.
The money is tranferred from your account to the E mail recipient. The recipient is sent a one time password and goes to the URL mentioned in the e mail and simply transfers the sum to any on-line bank account. Payment is immediate.
This will simplify private transactions, and should be a big boost for internet payments, particularly for small sums.
Other banks may have this method. I just discovered it two days ago. Apparently you have to sign in to BofNS to see how it is done. It is the neatest thing I saw in a long time.
The money is tranferred from your account to the E mail recipient. The recipient is sent a one time password and goes to the URL mentioned in the e mail and simply transfers the sum to any on-line bank account. Payment is immediate.
This will simplify private transactions, and should be a big boost for internet payments, particularly for small sums.