Results tagged “interac”

Users of RBC debit machines across Canada were left to fend for themselves this morning after computer problems caused much of the Interac network to go down just before 10 a.m. The outage disrupted banking nationwide for almost two hours and stranded customers trying to use RBC-serviced point-of-sale terminals and ATMs. Moneris, the company that connects debit machines to Interac, apologized for the inconvenience. No word on whether they snickered while giving their mea culpa.

It's the holiday season, which means that stress is high and we're not always thinking when we spend our money. But this time of year is also a busy season for fraudsters, who love to take advantage of people's holiday forgetfulness. Paying by debit is one of the easiest ways of paying for your goods, but it's the easiest to compromise. We know several people who have had thousands of dollars drained from their...