Quote:
Originally Posted by theking
Reasonable explanation. I do not have a need for a third party account and did not know that you do.
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Sure I do. Here is he scenario. Say I do some work for someone from Bosina (or anywhere not in the US). They write me a check an send it when the job is done. So I wait between 7-10 working days for the check to arrive and then I deposit it and my bank holds it for another 7-10 working days to make sure it clears. So it could be up to a month from the time I finish doing the work before I actually have cash in my account. I suppose then that I don't NEED the third party account because I could just wait for the check, but the third party account means I can have the money in my hand within a couple of days instead of potentially weeks.
for me it is about convenience. I am willing to pay a few dollars in fees for the convenience of having this payment option and a lot of the people I do work for would rather pay me this way than write a check.