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Originally Posted by lowbit
Uh...because it involves giving your bank account information out to a stranger?
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1. I am also concerned about privacy.
2. Personally, I'd rather reveal my bank details to the average stranger than to eBay/PayPal and the likes. I do understand that we're talking about sensitive information. - And I feel more comfortable with handing it over to you than to unscrupulous mega corps that store and willingly pass on user details.
3. What could a stranger do with the account information? Without passwords, transaction codes etc. the risks shouldn't be any higher than they are anyway.
4. I know this is an intricate topic on which we will probably not find an agreement. Which obviously doesn't stop me from ranting and vigorously making my point.
5. Whoever told you I was paranoid is a liar!
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Originally Posted by Future Proof
Something tells me that this isn't the easiest available method for all participants.
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As is the same with PayPal (see various posts above).
Well, that said, I guess it's the seller's choice how he wants to be paid.