These kinds of problems (swipe fees, etc) is where I believe cryptocurrencies shine.
Having a fee payment which is reasonable and fast confirmation times would solve this problem immediately removing the need for third parties.
Having a fee payment which is reasonable and fast confirmation times would solve this problem immediately removing the need for third parties.
Isn't this precisely where cryptocurrencies have utterly failed with their high fees and long confirmation times?
* Most merchants love Interac, it's far cheaper than credit for them.
* Interac hasn't been "debit only" in a meaningful sense in some years, various banks now issue debit cards with Visa/MC fallback for international/online use.
* The last few years has seen a proliferation of banks offering free Interac etransfers. There's no reason anyone now needs to pay for etransfers or for a bank account.
The only time I've ever interacted with them directly was a job interview for a role in their UK office in Basingstoke (I didn't take it).
If I had a problem with my card I'd call my card issuer. Not VISA. Why would you have to talk to them?