- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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.”
Interac Debit is a purely Canadian operation, I think. They have Interac Direct, which Canadian financial institutions and merchants are familiar with. So if they make a move towards a credit card, the timing might be right.
https://www.interac.ca/en/payments/personal/interac-direct/
A lot of Credit Unions use them. Now if we could get a few Canadian banks to follow in their footsteps - but it will only happenn if Canadians push for it.
Yep, and better yet, ask your retailer if they take eTransfer. ETransfers don’t cost money to the recipient. Ive beem using them with several businesses locally lately to avoid fees and, importantly, stop giving money to Shop (Shopify) for online purchases at these stores to stop giving the owner more money for hid Canadian take on Project 2025.
I might actually explore changing banks for this. My Tangerine debit used to be interac but switched to visa debit at some point.