alt Hacker NewsAs a Canadian, I like this. It really sounds like they're taking Interac's proprietary e-Transfer system and rolling it out as a public good for any bank to build on. That's pretty cool. It also seems smart to have involved Interac as partner, instead of trying to build around them.
Like all things from any government -- let's see how the rollout goes. But I am cautiously happy to hear about this.
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xattt • today at 6:46 PM
How comfortable are you going to be requesting a payment from someone by asking them to rail you?
/s
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I like this too. It’s worth noting that interact debit has been around in Canada forever (got my first card in the 90s), etransfer (using just an email address) for a long time and in general Canadian banks have been great at working with each other and abroad. And there was never a ton of private apps you had to rely on.
Both places are better now but I remember being in the US in the 2010s and having an easier time using my bank card to get cash than an American far away from their credit union. In Japan in 2012 I also sometimes used my Canadian bank card when my Japanese bank was closed for a holiday (this was fixed in 2015).