article thumbnail

Interac's P2P scale extends into B2B payments

Payments Source

P2P transfer apps aren't just for splitting the rent — they can also be portals to a wider array of financial services, as Canada’s national Interac debit network plans to prove.

P2P 103
article thumbnail

How Much Are Debit Card Processing Fees

Payment Savvy

Since PIN debit transactions are processed directly through debit networks (Interlink or Maestro, for example), they generally incur lower fees compared to signature debit transactions. Ensure compliance with card network rules and regulations when implementing this strategy.