RumpleCragstan

RumpleCragstan t1_j9kzekl wrote

>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.

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