If you're not prepared to sell it for $1.00, don't list it for $1.00 - simple. 

Mistakes can happen with rural delivery also. Check the photo to make sure that it was your letterbox that the parcel was left in. 

There are still numerous sellers saying that they would prefer payment by bank deposit (rather than Ping) and I don't see them being removed.

The whole site is turning into something resembling a dog's breakfast!

I asked Trade Me if it was still acceptable to do bank transfers and I was told NO! - only Ping and cash. 

Since the inception of the supposedly mandatory Ping, I have noticed a big increase in the number of buyers wishing to pay using bank deposit. 

Sorry you don't think it's quick enough - it works for me.

I would have thought that once a day was acceptable and hardly holding onto payments.

In my experience bank transfers are not quicker than Ping.

That's because Ping and cash are the only options - although heaps of traders are stating they would prefer bank deposits - which kind of makes a mockery of the whole thing.