Unbelievable that this is actually happening. We’ve been talking about it for a decade, and I was of the opinion that it was going to just fail to launch ever. Goodbye EFTs! You won’t be missed in...
Unbelievable that this is actually happening. We’ve been talking about it for a decade, and I was of the opinion that it was going to just fail to launch ever.
Goodbye EFTs! You won’t be missed in the slightest.
Venmo isn't in Canada. This also won't replace Interac's e-Transfers (a service similar to US' Zelle). Instead it is the structural underlying framework services like e-Transfer use that will only...
Venmo isn't in Canada. This also won't replace Interac's e-Transfers (a service similar to US' Zelle). Instead it is the structural underlying framework services like e-Transfer use that will only speed up the financial clearing processes.
Yes. It’s going to be like a hybrid of EFT (based on your bank account number, with scheduling but slow and only on weekdays/non-holidays) and Interac transfers (based kind of on your phone/email...
Yes. It’s going to be like a hybrid of EFT (based on your bank account number, with scheduling but slow and only on weekdays/non-holidays) and Interac transfers (based kind of on your phone/email with some linking to your account and fast), and also with higher limits. You will be able to pay rent, bills, send money to your friends, etc. theoretically, with less fraud and cheaper.
Same, I have been following this for a while. So many countries basically already have a version of this, but I'm impressed Canada was able to make it happen.
Same, I have been following this for a while. So many countries basically already have a version of this, but I'm impressed Canada was able to make it happen.
Unbelievable that this is actually happening. We’ve been talking about it for a decade, and I was of the opinion that it was going to just fail to launch ever.
Goodbye EFTs! You won’t be missed in the slightest.
Will this be useful at the consumer level?
Yeah, it should replace Venmo and stuff.
Venmo isn't in Canada. This also won't replace Interac's e-Transfers (a service similar to US' Zelle). Instead it is the structural underlying framework services like e-Transfer use that will only speed up the financial clearing processes.
More to the point, it’s literally Interac that built and is operating it.
Yes. It’s going to be like a hybrid of EFT (based on your bank account number, with scheduling but slow and only on weekdays/non-holidays) and Interac transfers (based kind of on your phone/email with some linking to your account and fast), and also with higher limits. You will be able to pay rent, bills, send money to your friends, etc. theoretically, with less fraud and cheaper.
Same, I have been following this for a while. So many countries basically already have a version of this, but I'm impressed Canada was able to make it happen.
Maybe we can join France in search of an alternative office suite, too. Yeeesh