Poll...and Query

[wyld_dandelyon]

First the poll: [Poll #1592044]If, assuming that you had plenty of money and no urgent need to pay bills or put it in savings or the like, you answered the above questions differently, my query is simple:

Why?  

What factors led you to take one imaginary action or another in these situations?

Comments

[delight-in.livejournal.com]

(This is Rowyn again, just don't feel like switching logins on my phone).

Credit cards have sizable consumer protections against fraud and theft, because federal law and regulation require it. Bank transactions have comparatively little. I do not remotely trust Paypal enough to give them my bank account number.

Ironically, I'd rather send checks, because my bank's check-sending site is far less annoying to use and inconvenient than Paypal. (And the checks it sends verify funds before sending, so they don't bounce). But I am the exception on that count.

I imagine eventually, maybe in another five years or so, there'll be a system in place that's cheaper and better than Paypal. One of Twitter's founders is working on a credit-card swiping technology for consumers to use to accept transactions, which would be great if he can overcome the various obstacles involved. :)