I see no issue with it. Spain has Bizum which is basically the same, and I send money to people via their phone number, and they decide where that money should go.
Don’t create unique IDs per account please, keep it simple.
Per bank account or per bank? I have something similar and it’s tied to my bank, but I can select wich account I use every time (personal, savings, shared…)
You also need a phone number per bank account, so most people will only be ever to use it for one account. As much as I act to like it, it’s bad…
I see no issue with it. Spain has Bizum which is basically the same, and I send money to people via their phone number, and they decide where that money should go.
Don’t create unique IDs per account please, keep it simple.
Per bank account or per bank? I have something similar and it’s tied to my bank, but I can select wich account I use every time (personal, savings, shared…)
I suppose on the receiving end it has to be connected to a single bank account.