Financial Channel

Hey guys, I wanted to know if there is a service similiar to paypal that offers little or no fees to receive money. How do EMT's work? I want to receive money from someone but need to know the cheapest way, and it's not much money either so I really don't care about not receiving it. Just need a service? Does Easyweb allow two account holders to exchange money?

Thanks in advance.

If you really don't care about receiving it, why are the fees such a problem?
Paypal is becoming the standard worldwide for sending money.

As for other options, there are many online services but, you may experience difficulties and/or delays. It is my experience that their fee structures are similar.

Moneygram
Bidpay
Western Union

E-mail transfer costs $1.50 to send money. It is very simple and easy to use. Visit your banks's website for this option or visit Certapay

thanks for the info. me not receiving the money is not really a problem because it's 2 ppl paying for a service..and i'd like to receive half the amount from the other person every month. so if he doesn't pay, i'll cancel the service. that's what i meant of me not caring about the delays and such stuff..

btw, is it not possible for me to transfer money from my easyweb at TD to someone else's?

You can but you have to use the Interac E-Mail money transfer ($1.50 / Transaction). If they are a personal TD customer you can go into branch and have them set them up as a personal payee on your bills section.

You can just call TD in that case, as well. No need to go into a branch.

You can add receipent as your TD Personal Payee under "Pay Bill" online/phone, provided your have their name, account #

Other than that, Paypal and EMT are most popular

thanks guys