Interac Business Checkout
DCPayments Integrates Interac Business Request Money Into Online Checkout For Canadian Merchants
Anonymous
Canadian payments provider DCPayments has rolled out a new online checkout tool that lets merchants accept Interac e-Transfer Business Request Money alongside credit cards. Recorder reported the feature is designed to cut processing costs on big purchases, reduce chargebacks, and make settlement easier for sellers.
Interac e-Transfer is a major pillar of Canada's digital payments system. Last year alone, the service processed over 1.6 billion transactions Leader Post. The new checkout option targets professional service firms, contractors, home-services companies, and education providers looking to trim card fees.
How the New Checkout Feature Works
When a customer reaches checkout, they can now select Interac Transfer as a payment method. They then approve the payment through their bank using a virtual iFrame — a secure window embedded in the merchant's site The Whig. The process keeps friction low while giving buyers an alternative to credit cards.
Merchants Save Big on High-Value Deals
Credit card processing fees eat into profits, especially on invoices worth thousands of dollars. Interac e-Transfer offers a lower-cost alternative Owen Sound Sun Times. Professional services, contractors, and educators often bill clients large amounts — making this feature attractive for cutting payment costs and reconciliation headaches.
Chargeback Risk Drops With Bank-to-Bank Payments
Chargebacks occur when customers dispute card transactions, forcing merchants to refund money and pay fees Pembroke Observer. Bank-based payment methods like Interac e-Transfer bypass this risk entirely. Since the customer approves payment directly through their financial institution, disputes become far less common.
DCPayments Expands Payment Options Across Canada
DCPayments, part of Digital Commerce Group, continues building checkout tools for Canadian merchants Calgary Sun. This Interac addition joins other payment options to give businesses and customers more flexibility. The rollout signals growing demand for domestic payment methods that compete with global card networks.
Sentiment
NeutralNEGATIVENEUTRALPOSITIVE
Publishers
14
Articles
14
Reach
14
A
AnonymousAuthor
