PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

PIN-less Debit Cards Coming: Interac

Mercator Advisory Group by Mercator Advisory Group
November 29, 2010
in Analysts Coverage
0
customer experience

Various payment methods. Credit plastic card, online payment, ATM terminal. Elements for design.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The required upgrading of Canadian POS systems to support Chip and PIN are also providing opportunities for contactless card strategies.

Coming on the heels of CIBC’s new Visa debit card, Interac’s announcement of their new Flash debit card couldn’t have been timed any better.

Interac will have to continue to prove that they are going to make investments in their product in order to keep the global card networks at bay and offer their card issuers expansion opportunities.

Similar to the PayPass system already in place on MasterCard credit cards, Canadian bank card holders will soon have the option of flashing their Interac Flash debit card at designated card readers, instead of having to enter a personal identification number, Barry Campbell of the Interac Association told the CBC’s The Lang & O’Leary Exchange recently.

“There’s ‘zero liability’ protection for consumers,” he said, “so if somebody grabs that card, I’m protected and can dispute it.”

Read full article here:

http://www.cbc.ca/canada/toronto/story/2010/11/17/interac-flash-barry-campbell.html

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    online fraud

    Understanding the Cost of Online Fraud and How to Prevent It

    March 27, 2023
    live shopping, ebay

    Q&A: eBay Exec on Live Shopping and the Future of Payments

    March 24, 2023
    AI and Biometrics in Regulatory Compliance in Finance

    The Importance of AI and Biometrics in Regulatory Compliance in Finance

    March 23, 2023
    Everyone Benefits from the Real-Time Payment Networks  

    Everyone Benefits from the Real-Time Payment Networks  

    March 22, 2023
    commercial payments

    Optimizing Commercial Payments in the Digital Age

    March 21, 2023
    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the PayPal report