This 28-Year-Old’s Startup Is Moving $350 Million And Wants To Completely Kill Credit Cards – Busine

This 28-Year-Old’s Startup Is Moving $350 Million And Wants To Completely Kill Credit Cards – Business Insider – Pretty cool. So he’s basically just built a web service that sits between account transfers. People use direct account transfers a lot in Australia, but it hasn’t taken off as retail payment method yet.

2 responses

  1. Yes we do. It’s called EFTPOS.

  2. Bank transfer is different though, isn’t it? Jetstar takes direct bank transfer.