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Article #311

Re: Credit Cards vs. Debit Cards (Re: The HELL With IHOP!)

#311
From: Tim Shoppa
Date: Sat, 20 Nov 1999 00:00
33 lines
2685 bytes
no spam wrote:
> 
> On 20 Nov 99 22:22:49 GMT, sharx@ecn.ab.ca () wrote:
> >In CANADA, where I live, most debit cards work on the INTERAC system. IT
> >*requires* the inputting of a PIN number. Period.
> >
> 
> You have a lot to learn. A VISA logoed card WILL BE accepted with a
> valid signature for the default account at at VISA merchant. If it is
> a a problem to you, you may want to have a look at www.visa.com under
> debit cards. It is a dual purpose card. It CAN also be used via the
> PIN pad, especially for merchants who do EFT but not credit card
> sales.
> 
> Why don't you try it with a signature for a change?

Because he's using Interac debit card terminals, which are widely
distributed across Canada.  He's not using a Visa/MC debit card, largely
because Canadian banks don't offer these as an option.  He's using
his Candian bank card, and these require PIN's.

Before telling folks in foreign countries what they can and can't
do, you *really* ought to do a bit of research as to how their
banking systems work.  The Canadian system has some similarities
to the US system, but it also has many differences.  You won't
find Interac terminals in stores in the US, and you won't find banks
pushing Visa/MC debit cards in Canada.

Another big difference in retail sales is Discover card acceptance:
you'd be lucky to find 1% of Canadian merchants accepting Discover
cards.

Tim.
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From: Tim Shoppa <shoppa@trailing-edge.com>
Subject: Re: Credit Cards vs. Debit Cards (Re: The HELL With IHOP!)
Date: 1999/11/20
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