• cygnus@lemmy.ca
    link
    fedilink
    English
    arrow-up
    8
    ·
    6 hours ago

    We already have Interac, a good homegrown solution. I’m sure it wouldn’t be that hard for banks to piggyback on it to make credit transactions rather than debit.

    • jif@piefed.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 hours ago

      The problem is, businesses now add credit cards into the cost of items. So if you don’t get visa/mc points, you’re losing money.

      • SabinStargem@lemmy.today
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 hour ago

        I used to only use a debit card for my entire life, but about 6 or 8 years ago, I started to rely on my CostCo credit card. With my executive Citi Costco membership, I got about $700 cash rewards for 2025.

        It takes off the fiscal sting, but I always worry about my balance bouncing.