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Except Interac is controlled by the big banks, for the big banks. To the best of my knowledge.
by tomComb 3y ago
Except Interac is controlled by the big banks, for the big banks. To the best of my knowledge.
- monkeywork 3y agoInterac is a company formed by the big banks in Canada to link all their networks and help insure we have uniformity. I believe it started as a way to standardize ATM machines and has grown to a bunch of other things and is largely why Canada was able to so quickly and completely adopt chip and pin and tap to pay literal decades before the US did.