RumpleCragstan t1_j9kzekl wrote
Reply to comment by tklite in A study found that "people with cannabis purchases after legalization reduced significantly and persistently their cash spending and electronic transfers, indicating a shift from the black to the legal cannabis market." by OregonTripleBeam
>Are the Canadian Venmo/Cashapp alternatives tracked like other banking?
In Canada we have eTransfers which are directly moving funds from one bank account to another, via email or text messages. It's all done within the bank apps, so yeah I imagine it's fully tracked.
As a Canadian I'm completely unaware of any 3rd party apps that move money around without tracking. Stuff like that typically ends up being done via crypto.
eTransfers are ubiquitous for money, there's zero competition.
Zygomatical t1_j9njwqj wrote
That's the standard in New Zealand too, is it not possible in the US?
Shrouds_ t1_j9qr7d1 wrote
2-3 business days - source: trying to close my Chase account since I opened a credit union one and I’m still waiting on my money to transfer (my chase account is at zero now) to my new account 2 days later.
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