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Neo Financial Direct Access to Interac Payments

Neo Financial customers can now send Interac e-Transfers directly. This change gives Neo more control and is possible due to new Canadian rules.

Neo Financial is now directly connected to the Interac e-Transfer network. This is a big change for the company and its customers.

Neo Financial customers can now send Interac e-Transfers directly. This change gives Neo more control and is possible due to new Canadian rules.

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While this is great for competition, the other problem is that card issuers don't support all payment platforms so you're usually stuck with the big players anyway, either Apple or Google. For example, Neo Financial's credit card doesn't work with Samsung Pay so on Android, you need Google for that. Shouldn't these platforms accept all cards that work on the Mastercard and Visa networks, by default? https://arstechnica.com/tech-policy/2024/07/apple-will-soon-allow-rival-wallets-to-replace-apple-pay-as-default-in-eu/ #mobile #NeoFinancial #samsung #competition #payment

iPhone users will get more choices to make "touch-and-go" payments in the EU.

Ars Technica