The past few weeks I have been using TD Canada Trust’s brand new Visa Debit card, and it has been amazing. It got me thinking that it is time to do a roundup of the Visa Debits you can find in Canada. As it stands there are 3 banks within the Big Six that offer
Posts Tagged ‘maestro’
RBC and Visa Launch Virtual Visa Debit
The Royal Bank of Canada (RBC) and Visa have announced the launch of a brand new product, which has been designed to allow consumers to pay for products over the phone or mail order purchases, directly through their bank account. Yes, your bank account, which means this is not a credit card. The product launched
National Bank of Canada Launches International Direct Payment Solution
National Bank of Canada has launched its International Direct Payment solution, which means that anyone holding a National Bank Client Card holders to use their client card worldwide through the Maestro Network. What does this mean? What this means is that National Bank of Canada client cardholders will have greater access to their funds and
CIBC Unveils New Debit Card
Canadian Imperial Bank of Commerce (CIBC) has announced that it will be offering the first debit card of its kind in Canada that combines the all of the familiar benefits of existing CIBC benefits and new features that offer the global reach of a Visa debit card. What is the new CIBC Debit Card? The
Flaherty Warns to Respect Voluntary Code
Federal Finance Minister Jim Flaherty warned companies and banks that if they do not comply with a proposed voluntary code of conduct for the credit and debit card markets, he will be bring down the “hammer” of regulation. The code, which is designed to address merchants’ claims they are being unfairly treated, draws more cautious
Flaherty Pressed to Get Tougher on Behalf of Merchants
Finance Minister Jim Flaherty has to raise consumer and merchant protections in the multi-billion dollar credit and debit market, by rooting out a slew of controversial industry practices, which includes double cycle billing, notes members of the Liberal caucus on Nov. 2nd. The voluntary code of conduct that Flaherty is bringing out, supposedly does not
Visa and MasterCard Co-badging
Visa Canada came out to say that there is a big misperception that its new debit product is designed to rid Canada of its existing low cost service run by Interac Association. Critics go as far as to say that Visa debit is putting non-profit Interac in a bind as they begin to compete in










