Credit cards are the consumer’s top choice when paying for things. The most recent numbers, for 2023, show credit cards accounted for 33 per cent of transaction volume, debit accounted for 30 ...

Sensibly, to help Canadians avoid touching surfaces like payment terminal keypads, in April 2020 tap limits were increased to $250 from $100 for credit card transactions. (Interac’s debit-card ...

Quinn says that TransLink is the first transit system in Canada to implement contactless debit card payments and, in 2018, was the first system to implement contactless credit cards. Interac is ...

Interac. Interac is a not-for-profit network regulated by Ottawa that banks and businesses join to make it possible for consumers to pay without cash and without using credit cards.

Inside Contactless is developing chips for a dual contact/contactless card that Canada's Interac Association plans to use to capture more of the cash consumers spend on small-ticket purchases, Allen ...

Inside Contactless is developing chips for a dual contact/contactless card that Canada's Interac Association plans to use to capture more of the cash consumers spend on small-ticket purchases, Allen ...

Interac e-transfers, sometimes called email transfers or email money transfers, allow people and businesses to send money to one another using the recipient’s email address or phone number.

About 65% of Interac’s cards will have the EMV chip by year’s end, according to the spokesperson. Interac has 22 million active and 30 million cards in all, the spokesperson says. All cards and ATMs— ...