A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard

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.”

  • kent_eh@lemmy.caEnglish
    1·
    1 day ago

    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.

    Depends on your bank and your account.

    I have never paid a fee for an interac purchase.