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I did once use Interac for an online purchase. It was because the merchant required a "Verified by Mastercard" or some such which was impossible for me to get o
by goodcanadian 14y ago
I did once use Interac for an online purchase. It was because the merchant required a "Verified by Mastercard" or some such which was impossible for me to get on my Canadian credit card without a Canadian address (I live overseas). It is a bit of an edge case, I admit, and I would still choose the credit card over the debit card most of the time, but it is once example where accepting Interac was a good thing for the consumer. Of course, I would have been happier if they just accepted my credit card without the "Verified by Mastercard" BS.