News

Getting your Trinity Audio player ready... The world of online gambling in Canada has experienced a quiet revolution: one that hasn’t come in the form of flashy games or endorsements from Hollywood ...
As 50-60 percent of transactions in Canadian brick-and-mortar stores involve debit cards, Interac and Bambora see an opportunity to pull back Canadian domestic e-commerce transactions from credit ...
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 ...
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.
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 ...
Most credit card lenders offer cardholders the ability to take out a cash advance using an ATM. ... Interac e-Transfers are a good alternative for transferring money to friends or businesses.
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.
The Interac Association, which operates Canada’s sole PIN-debit network, is adding a contactless function to its EMV chip-and-PIN cards. Interac plans a national rollout in early 2011. The ...
Counterfeit fraud on Canada’s Interac debit cards fell 45% to a record low in 2014, and 80% of the fraud happened outside of Canada, according to new figures from Toronto-based Interac Association.
Dream Payments has added Interac e-Transfer payouts into its DreamPay platform, ... Taking money out of a credit card at the ATM is one way to get cash quickly — but it’s costly.
This is especially true if the sender pays by credit card or if you want to send money internationally, which, unlike Interac e-Transfers, you can do with PayPal. While PayPal is quick, it’s not ...