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Interac Pay in a Flash #YourChoiceMatters

While I wouldn’t say I’m a true germaphobe, I do take extra precautions to limit my contact with germs and bugs. For instance, I’m the type that will wipe down shopping cart handles with disinfectant wipes. I always have hand sanitizer on hand to use, and do use it often. I also cringe, absolutely cringe, when using handheld debit machines. Do they ever wipe them down?

This is one of the reasons why, when able to, I always use Interac Flash. In case you aren’t familiar, take a look at your debit card. Do you see the symbol?

Interac Flash is a contactless payment enhancement of Interac Debit. At select merchants and when making a purchase of less than $100 {your financial institution sets your limits}, you can use Interac Flash by simply holding your card in front of the supporting reader. You’ll hear a ‘beep’ and your purchases will be deducted instantly from your bank account. For those that have many bank accounts, it’ll deduct your purchases from the account that is listed as #1 {for myself, that’s my main chequing account}.

interac flash

Interac Flash uses secure chip processing and relies on the same secure network as your Interac Debit card. It is protected from fraud tactics such as skimming, duplicating and electronic pick-pocketing. With Interac Flash, there’s no need to insert your card or enter your PIN and no need to even touch the machine.

Not only is Interac Flash secure and touch-free, but it’s easy and so fast – checking out is done in no time. Also, I like not having to do the ‘glance around to see who’s looking’ spy-tactic, hover myself over the machine and quickly type in my PIN before anyone sees. I literally hold my card in front of the reader and go, and if anyone’s looking, have at ‘er. 

You might be nodding your head at all of the above, and sending me high-fives in agreement. Yet, there’s another big benefit to using Interac Debit and Interac Flash, and chances are you don’t know about it. 

Let’s set the stage: the holidays are coming and you have been and will do a lot more shopping. There’s all sorts of chatter right now about what to buy and how much {or how little} to spend. Yet, what about HOW you pay and WHERE. 

Did you know using Interac Debit can save your local business owners money in the long run?

Did you know that in Canada, the way you choose to pay makes a huge cost-savings difference to a merchant’s bottom line? In fact, the payment choice you make, does matter very much to businesses.


When a consumer pays using a credit card instead of Interac Debit at the point-of-sale, the merchant may pay up to eight times more in payment acceptance costs. For example, a small business with $1 million in sales can save more than $10,000 a year annually if their customers pay using Interac Debit or Interac Flash for their purchases instead of credit cards.

When a customer pays with Interac Debit, a merchant pays around $0.06 per transaction to its payment processor – a single flat fee, regardless of retail purchase price. From that amount, Interac Association receives a fee of $0.006362. In comparison, if the person chooses credit, the merchant pays from around 1.5 to over 3 per cent of the item’s retail cost for interchange alone, not including other possible processing fees. As a result, on a $100 purchase, based on current rates, a merchant pays between $1.50 and $3.00 for the interchange on a credit card transaction, but only a flat fee of $0.06 for an Interac Debit transaction.

That is a lot of numbers to take in, but it does illustrate how you could be supporting local businesses and thinking that is a fantastic thing to do, yet it’s also about HOW you pay for those items – that also makes a huge difference.


Interac Twitter Party

Come to the #YourChoiceMatters Twitter Party on December 3rd! Follow your hosts and RSVP below, chat with you then!


Open to Canadian residents who participate in the ‪#‎yourchoicematters‬ Twitter Party administered by SJ Consulting on Wednesday, December 3rd between 9:00 and 10:00PM EST, using the hashtag #yourchoicematters.


Disclosure: I am participating in the Interac #YourChoiceMatters managed by SJ Consulting. I received compensation
in exchange for my participation in this campaign. The opinions on this blog are my own.



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  1. Sadly, I don’t think I ever thought of that! Yes, it probably doesn’t get disinfected as often as it should. What a great way to pay without all the germs.

  2. I can honestly say that I wipe down the one at the little coffee shop (Tuck shop) I work at…but then I am a bit of a germaphobe and it is located in a hospital, so I am constantly wiping EVERYTHING down lol

  3. This morning my kids were actually talking about germs, so when I started reading your post I smiled immediately. It is amazing how technology is founding new ways to make of lives easier. Thanks for sharing.

  4. I laughed when reading your article. Nodding my head in agreement about all those germs. Interac Flash, what a great idea! Love it.

  5. Wow. I can’t believe i never thought of this!! I’m always on my kids about washing their hands and not touching everything they see when we are out..I’m so cautious about germs and here i am using my bank card daily!!! #HandsanitizerPlease lol

  6. I’ve heard a lot about how back end fees really crimp small business owners profits, that is a great point! I am always looking for quicker, alternative, ways to pay!

  7. LOVE how quick it is to pay with “flash” I use it everywhere it is accepted these days. Wish everywhere had the capability, can’t wait until it is everywhere. Looking forward to the twitter party

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