We have all been there. Standing at the register, ready to pay for the goods you have in your cart, card in hand, child in the other. You struggle to get the card out of your wallet, soothe your baby, finally get it out and wait for the prompts. Now enter your pin and wait for the system to process. Meanwhile, your child is having a mini meltdown in your arms. You start thinking “I wish this could be easier so I could just be on my way”. Your wish has been granted with Interac Flash.
Interac Flash: Fast & Safe
Interac Flash is an enhancement to Interac® Debit and Canada’s first and only contactless debit payment solution! They have designed a safe and secure way for you to quickly pay for your purchases and be on your way to something more fun than standing at the checkout counter. Ok, but if it is so easy, then it must be easy for people to take my info and use my card. You couldn’t be more wrong. Interac has put safeguards in place to keep your money and information out of the wrong hands.
- Individual transaction limit: In the event your card is lost or stolen, there is no risk of it being used for a shopping spree, since a single transaction has a limit of $100.
- Periodic Pin Verification: Interac Flash has a safety limit in place when it comes to multiple transactions; when that limit is reached, you will be asked to enter your pin. Who sets the limit? Your bank or other financial institution will set the limit, currently typically up to $200. Once the limit is reached, and you are prompted to enter your PIN, you start over back at $0 until you reach the limit again and are asked to verify that it is really you. It is for your own safety, to ensure you are the rightful cardholder.
- Zero Customer Liability: Should you lose your Interac Flash card, and some fraudster uses it to make purchases, you will not be held responsible for those transactions. The same goes for system errors or technical problems beyond your control. You will be required to file a claim with your financial institution and you will be reimbursed based on the findings.
- Protection from fraud tactics: I’ve learned that the possible available data to a hacker is simply transactions codes, not financial institution account information. Want to learn more? Visit the Interac website!
We all want to make the things that mean most to us in our lives secure and safe, and that includes your hard earned money. Your Interac Flash enabled card will put some of that worry at ease and also give you more time to do the things that mean the most, instead of standing around at the checkout.
Join the Twitter Party!
Ready to learn more about the Interac Flash enabled card? Join the conversation and get more details about how the Interac Flash enabled card can help keep your on-the-go lifestyle a little more secure.
- When: September 15th
- Time: 9 PM EST.
- Hosts: @INTERAC
- Hashtag: #flashsecurity
- RSVP here:
You can find all the official party rules and regulations here.
Readers: Are you familiar with the security features integral to Interac Flash? Do you worry about your security during everyday payments? Let me know.
Disclosure: I am participating in the INTERAC #flashsecurity campaign managed by SJ Consulting. I received compensation in exchange for my participation in this campaign. The opinions on this blog are my own.