Interac Online
Ever used your bank card to make an online purchase? Select merchants in Canada have integrated their e-commerce payment system with Interac Online.
It's a very safe and secure way of paying - it uses your online bank account (checking, savings, credit line - whatever you'd like to use) and takes payment almost the same way that using your card in a store does.
You must have an online bank account with a participating bank.
As of July 2012 there are 4 participating banks in Canada:
Royal Bank
Scotia Bank
TD Bank
Bank of Montreal
This fast, simple, secure payment method is described nicely by the online demo that Interac has created:
Princess Auto is an online Canadian Retailer who offers Online Interac as a payment option.
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