Canada: Whatever Happened To Interac Online, Anyway?
D.L. McCracken reports for HalifaxLive.com on the surprising lack of interest among Canadian online merchants in supporting the Interac Online debit payment service.
According to McCracken, "apparently most online merchants have decided that adding a debit payment option is just not high on their list of priorities." The service announced that its first transaction was processed in June.
Which begs the question: why are the big ticket online merchants ignoring an obvious huge share of the shopping market? We're here and our bank accounts are bursting at the seams as we wait for the big guys to make up their minds about Interac Online. HELLO...! You do know that debit card transactions are a guarantee of cash, right? Even more so then credit cards?So why are you guys over at Amazon.ca, Chapters.ca and everyone else who seems to worship the Visa card, why are you ignoring the rest of us?
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