Briefly reading about it Iterac for the first time, it looks basically just like a Canadian version of Visa. Tangentially, Canada has a much saner banking syst

Briefly reading about it Iterac for the first time, it looks basically just like a Canadian version of Visa. Tangentially, Canada has a much saner banking system than the US, in that it has a handful of very large banks which are inherently much more stable than the many thousands of banks/credit unions in the US.