Interac® Online payment method is now available to our Canadian members for checkout payments and deposits.
As part of our expansion of affordable local payment options, we at Payza are excited to announce the launch of our Interac® Online services in Canada. The Add Funds by Interac® Online feature allows our members from Canada to transfer funds from their Canadian bank accounts to their Payza account using the Interac® network. Additionally, you can now use most Canadian debit cards to pay for items sold by Payza merchants across the globe.
The low fees and rapid processing for Interac® transactions give you another fast, affordable and secure online payment method.
Low transaction fees
Interac® payments are affordable thanks to their minimal transaction fees in comparison to most other payment methods. Payza charges a flat fee of $1.50 for Interac® deposits, regardless of the amount. For transactions over $30*, Payza members will benefit from significant savings when using an Interac® debit card instead of a credit card to add funds to their account.
All Payza payments made using Interac® Online are free of charge. Just like when you shop at Payza merchants using credit cards, the amount paid using Interac® Online is final. There are no unexpected fees at the end of the month.
Great security with fast transaction times
Our Fraud Prevention Team will review all deposits within one to two business days, making the process of adding funds with Interac® highly secure. Deposits using this method are faster than bank transfers or wires and just as safe. Also, online payments made with Interac® are instant.
There is a precautionary transaction limit of $500 to further protect your card and your account.
Adding funds with Interac® is straightforward and so simple that you can get started right away. Just log in to your Payza account, click “Add Funds” in the top menu, select Interac® Online, then follow the instructions on the screen. Your deposit will be set up in no time!
* For a $30 transaction, it costs the same to add funds by credit card (5% fee) or by Interac® Online ($1.50 flat rate).