Hi Sieghard,

 

Canada is light years ahead of the States concerning electronic funds transfer. 
I believe I can hear the cringing of the large financial firms in the US when a 
discussion about the free electronic transfer of funds ensues.

 

Alan Lemly

 

From: [email protected] <[email protected]> On Behalf Of Sieghard 
Weitzel
Sent: Sunday, October 24, 2021 2:04 PM
To: [email protected]
Subject: RE: Need A New Money Reading App

 

And in Canada a similar service is Interac email money transfer which is by now 
supported by every major bank and Credit Union.

Many home based businesses like it because it costs them nothing and for the 
sender it is often also included in their banking plan.

It works by logging in to your online banking either using your bank's app or 
the website, you then go to Interac eTransfer and if it's the first time you 
send somebody money you have to putin their name and email address or mobile 
number, you can then save this information if you want so it's much easier and 
faster next time.

Then you enter the amount and you may have to enter a security question and 
answer and the recipient will have to know the answer in order to deposit the 
money, it's sort of like a password.

The recipient then gets either an email or a text depending on whether you used 
email or a phone number and they click on the link to deposit the money. This 
directs them to the Interac website where you pick your financial institution, 
you then sign in to your online banking or if you do this on a phone where you 
have your bank's app installed you have the option to use the app and then you 
can pick which account you want the money to be deposited in, you enter the 
answer for the security question and that's it.

One way to make this even easier and a lot faster is to sign up for auto 
deposit. This way you associate whichever account you want with an email and/or 
your mobile number. If somebody then sends you money they won't have to enter a 
security question and answer and when you receive the money it is automatically 
deposited to the account you specified and you only get a message to let you 
know you received X amount of Dollars from such and such person and it was 
deposited.

Depending on the bank a transfer can be almost instantaneously, but it can also 
take up to 20 or 30 minutes to get the notification/message with the link to 
deposit it.

If you have different accounts you can still set up auto deposit by either 
using different emails addresses or you could, for example, use your email 
address for one account and your mobile number for the other one.

Fortunately our banks and Credit Unions here are all fully accessible, I have a 
bank account at our local Credit Union, I have my main business and personal 
account with RBC Royal Bank, but just switched to them from Scotia Bank a 
little more than a year ago and I have a CIBC Visa and a Bank of Montreal 
Mastercard and all websites and apps are very accessible. I never dealt with 
Toronto Dominion or National Bank, but for a while I had an account at 
Tangerine, they are associated with Scotia Bank, but don't have traditional 
branch locations and all that and are supposed to offer cheaper fees and so on 
and they were also totally accessible. I have no doubts that TD and National 
also would be as are all provincial and Federal government websites as 
accessibility is very much part of the mandate.

 

From: [email protected] <mailto:[email protected]>  
<[email protected] <mailto:[email protected]> > On Behalf Of Alan 
Lemly
Sent: October 24, 2021 10:55 AM
To: [email protected] <mailto:[email protected]> 
Subject: RE: Need A New Money Reading App

 

Esther,

 

Venmo is owned by PayPal and is part of PayPal's larger family of brands. This 
mobile payment app allows you to send and receive money quickly. The company 
describes its service as making sending money “safe, simple and social.” You 
can also use Venmo to make purchases via the mobile app, online or in person.

 

The above comes from this website:

 

https://www.forbes.com/advisor/banking/venmo-vs-paypal/

 

Alan Lemly

 

From: [email protected] <mailto:[email protected]>  
<[email protected] <mailto:[email protected]> > On Behalf Of 
Esther Levegnale
Sent: Sunday, October 24, 2021 10:53 AM
To: [email protected] <mailto:[email protected]> 
Subject: Re: Need A New Money Reading App

 

hi, everyone, I also use credit cards to pay for things. Could you tell me what 
Venmo does? I might look into that too. Take care. Esther

Sent From Esther's Amazing and Awesome iPhone 7+!

 

On Oct 24, 2021, at 10:30 AM, Alan Lemly <[email protected] 
<mailto:[email protected]> > wrote:

I'm always curious when I see a lot of posts on these money reading app 
threads. I realize in other parts of the world other than the US where I am, 
the need to read various currencies might be important. Personally, I avoid 
cash like the plague with the ability to pay with either a credit card where I 
earn reward points or by some other electronic means such as Venmo, etc. I 
would have thought that paying often using currency would be very inconvenient 
and if you're paying for an app to identify currency such as Cash Reader, that 
seems like money that could be used for other things.

Alan Lemly

-----Original Message-----
From: [email protected] <mailto:[email protected]>  
<[email protected] <mailto:[email protected]> > On Behalf Of 
CHELA Robles
Sent: Sunday, October 24, 2021 7:54 AM
To: [email protected] <mailto:[email protected]> 
Subject: Re: Need A New Money Reading App

I also have Seeing AI, Cash reader App, and Envision also has money reader in 
the app. Since also I own the Envision glasses, I utilize the money identifier 
which is cool to be able to scan at eye level since the camera is on the right 
side of the glasses. Envision partnered up with the Cash reader app.

Sent from my iPhone

On Oct 24, 2021, at 3:01 AM, Joshua Hendrickson <[email protected] 
<mailto:[email protected]> > wrote:

 

I don't usually have much cash on hand, but EyeNote is great.  It 

works very well.  I have had no problems using it.  Being able to tell 

the front and back of a bill is very cool.

 

On 10/24/21, Esther Levegnale <[email protected] 
<mailto:[email protected]> > wrote:

I like that app as well. Esther

 

Sent From Esther's Amazing and Awesome iPhone 7+!

 

On Oct 22, 2021, at 6:40 PM, Donna Casteen <[email protected] 
<mailto:[email protected]> >

wrote:

 



Evan, I like the app EyeNote for identifying U.S dollar bills. It is 

fast, accurate & can identify the front & back of the dollar bills.

 

https://apps.apple.com/us/app/eyenote/id405336354

 

Donna

 

 

Hey Guys,

 

I've had an app called Money Reader on my iPad Mini for a few 

years. It's been quite a while since I used it. I tried this 

morning and found out that it won't open now. I got the message 

that the app needs to be updated to work with this version of iOS, 

and an Okay button. When I click the Okay button. When I click the 

Okay button, the message disappears and I'm back to the list of apps.

 

So I guess I need to get one that will work with the latest version 

of iOS.

 

I'm looking for suggestions.

 

Thanks very much.

 

Evan

 

 

 

 

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