Ew email does not sound like the place for cash transactions.
But yeah, most countries these days have instant bank transfers. The US is ancient when it comes to payments, “cashing your payslip” isn’t a thing in much of the rest of the world.
They likely mean their bank uses email as an identifier. So the bank asks you the registered email you’d like to send money to. Not that you’re emailing cash or something like that.
Similar to zelle, a third party that fills the gap.
The email is like an id for your account. You can use your phone number. AFAIK if you link it email or phone number to your bank and someone sends you money to that email or phone number it doesn’t actually text or email you. The money will be directly deposited into your account.
Ew email does not sound like the place for cash transactions.
But yeah, most countries these days have instant bank transfers. The US is ancient when it comes to payments, “cashing your payslip” isn’t a thing in much of the rest of the world.
They likely mean their bank uses email as an identifier. So the bank asks you the registered email you’d like to send money to. Not that you’re emailing cash or something like that.
Similar to zelle, a third party that fills the gap.
The email is like an id for your account. You can use your phone number. AFAIK if you link it email or phone number to your bank and someone sends you money to that email or phone number it doesn’t actually text or email you. The money will be directly deposited into your account.