Why can't we simply use Electronic Bank Transfers?
Forgive my ignorance, but can someone tell me why we can't all just be happy and user electronic banking...
For instance, a lot of people these days use online banking, I'm willing to bet that a higher proportion of ebay users use online banking than the general population.. thus, why can't we educate our customers to go into their online banking, and perform a bank transfer from their account to ours?
From a sellers point of view, this is perfect, no fees, no frozen money, no faxing in incredible amounts of information, from a buyers point of view its a little more involved but one could always provide rewards for using banking, for instance they pay £100, give em 1.50 back as thank you for using bank transfer...
Is there like a security problem with this method or what?
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