It would be awesome if Canada could do this.
“Every time a European taps a card, pays online or splits a bill with friends, the transaction flows through infrastructure owned and operated by American companies.”
It would be awesome if Canada could do this.
“Every time a European taps a card, pays online or splits a bill with friends, the transaction flows through infrastructure owned and operated by American companies.”
The only reason I’m paying with a credit card is because it costs me money to pay with my debit card using Interac. You get a limited number of transactions per month and you get nothing in return.
With Mastercard/Visa, whenever I pay for something I get bonus points that I can use to pay off my bills.
We need to make Interac the choice of payment method to customers. Maybe follow the credit cards’ example.
Depends on your bank and your account.
I have never paid a fee for an interac purchase.
You also have much better consumer protection with a credit card. Dodgy machine steals your info and runs amok buying stuff? With a CC you contest the charges, get a new card, and the company fights to get their money back. With debit it’s your money, nobody will fight for you.
That’s right! Very good point.