this post was submitted on 11 Feb 2026
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It would be awesome if Canada could do this.

"Every time a European taps a card, pays online or splits a bill with friends, the transaction flows through infrastructure owned and operated by American companies."

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[–] DarylInCanada@lemmy.ca 29 points 4 days ago* (last edited 4 days ago) (3 children)

Interac Debit is a purely Canadian operation, I think. They have Interac Direct, which Canadian financial institutions and merchants are familiar with. So if they make a move towards a credit card, the timing might be right.

https://www.interac.ca/en/payments/personal/interac-direct/

A lot of Credit Unions use them. Now if we could get a few Canadian banks to follow in their footsteps - but it will only happenn if Canadians push for it.

[–] excursion22@piefed.ca 8 points 4 days ago

I might actually explore changing banks for this. My Tangerine debit used to be interac but switched to visa debit at some point.

[–] SaveTheTuaHawk@lemmy.ca 4 points 4 days ago

I never pay by credit card, most CDN retailers have interac as an option as do most banks.

[–] Routhinator@lemmy.ca 3 points 4 days ago (1 children)

Yep, and better yet, ask your retailer if they take eTransfer. ETransfers don't cost money to the recipient. Ive beem using them with several businesses locally lately to avoid fees and, importantly, stop giving money to Shop (Shopify) for online purchases at these stores to stop giving the owner more money for hid Canadian take on Project 2025.

[–] rbos@lemmy.ca 1 points 3 days ago (2 children)

Can you do etransfers without having to input an email address? Super annoying to have to set up a payment target every time.

[–] Routhinator@lemmy.ca 3 points 3 days ago (1 children)

Sadly, no - and BMO will annoyingly rate limit you on adding them sometimes. But I put the effort in because saying FU to payment companies that are anti-democratic is a requirement IMHO in 2026.

[–] rbos@lemmy.ca 2 points 3 days ago

Be nice if they could set up an etransfer QR code. Generate code at till, scan with bank app or browser, double check the target and amount, submit.

[–] Eczpurt@lemmy.world 2 points 3 days ago

I believe a phone number will work in most cases.