Glossary
What is Interac debit?
Canada’s debit card network, used to pay directly from a bank account.
Interac debit, explained
Interac debit payments come from the guest’s bank account rather than a credit line. They are usually priced as a small fixed fee per payment rather than a percentage.
Why it matters for your restaurant
Debit is usually cheaper to accept than credit, and Canadian card rules don’t allow surcharges on debit.
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