RE: https://fraxoweb.social/@frank/116313116551662695

When you use a Visa Debit card:

It uses #interac when you make physical purchases in #canada Most Canadian merchants accept Interac

But it uses #visa (or #mastercard) when you shop online, internationally or through an app

As of now, Interac doesn't work outside Canada and online/apps

Another thing to consider is the cut paid by the merchants

Interac takes a very small cut, pennies. So the money stays in Canada

Visa takes a much bigger cut. That money is split between your bank and Visa

I started using credit cards about 10 years ago.

Before that I was using #interac , the canadian banking network #canada

#visa and #mastercard give great benefits like cashback, insurance, etc. but they are US technologies.

Maybe it's time to go back to interac

Even if I wanted to, my banking cards are Interac Visa.

Meaning they do both, and I don't know which one is prioritised.

Small businesses keep getting nickeled and dimed

https://peertube.gravitywell.xyz/w/63ppnZmBzynxoZNnVHiuhb

Interac has launched another way to pay for online purchases

https://mobilesyrup.com/2025/11/06/interac-debuts-konek-to-broaden-how-canadians-pay-online/
- - -
Interac a lancé un autre moyen de payer pour des achats en ligne

https://www.lesoleil.com/affaires/2025/11/04/interac-lance-konek-pour-elargir-ses-options-de-paiement-en-ligne-W4AONDTRJ5G3VPK5TVIE3W263I/

#Canada #Interac

Tried to sell something on Facebook Marketplace and somebody attempted to scam me. While that alone isn't groundbreaking, the polish on this particular scam stood out and is something I could easily have fallen for if I were rushing and not paying attention. I took copious screenshots and wrote about it.

https://www.straybits.ca/2024/marketplace-scam/

#interac #scam #canada #FacebookMarketplace

Email fraud using the Interac system. Beware the e-transfer.

https://www.youtube.com/watch?v=KCBBWNgPTig

#fraud #Interac #cbcnews