I want to hear from the WG's. Why are most of you reluctant to accepting electronic payments?

I know cash is king & there's no trail bla bla bla but we are moving away into a cashless society slowly.

I can already see the SPs posting the fake POPs.

Some punters are assholes..
1 had my one account put on hold.
1 made immediate payment and I'm still waiting 9 months..no I'm not pregnant lol

Both new clients...

I accept eft payments with immediate payment, only from punters that I've gotten to know and trust over the years. They save me time by not having to go to the bank and deposit..and uber...

Otherwise new punters pay
C.O.A..non negotiable..

Yes electronic payment is fine....if it is Immediate payment
Completely agree with Kaycee.... I also had an amount of R950 paid into my account on the 26th of December and I wasn't aware that I had to update my FICA info.... And now my Capitec account is on hold.... So I have to now go make an affidavit and certified copy of my ID, and hand it into the bank....and only after they are happy, can I get use of my bank account again

It was for online....

Boy am I peed off ... Cause I have funds in my account to pay bills, but I can't do shit, coz this is now frozen

**Hand-in-face**

Anyways.....

Thin main reason why not is most punters prefer to be discreet.no funds traced back to them 9r what they spend it on.

Some assholes reverse payments once the received the "benefits", leaving the SP out of pocket.

This isn't a good idea at all. All money paid electronically can be traced. Same with debit or credit cards.

What bro? Why would you want an easily traceable trail of cash when you are doing something (even potentially) illegal. Unless that lady has a legit business entity you can use to pay her how is she going to justify all those payments when banks and SARS start asking questions.

LOL, think bra.