you know what I don't get...is why with all the paypal stuff like this happening...why don't the banks themselves create their own paypal type service
you can use your ATM card at any bank...so banks can work together...they should just create bankpal and have it be a service you can use to send money to your friend's account
This already exists. For sending money to a friends account you just log in to the bank website, type their bank account number and the amount and voila.
For sending money to companies there is something called iDEAL. On the company's website you click checkout and you get sent to your bank's website where you get a page with the amount and a button to confirm. Unfortunately this iDEAL system is currently only available in the Netherlands.
you can use your ATM card at any bank...so banks can work together...they should just create bankpal and have it be a service you can use to send money to your friend's account