The Holidays are fast approaching and all too often we consumers end up with a feeling of regret when our credit card statements arrive in January! This Holiday Season Interac wants consumers to know that #YourChoiceMatters! Not only will you end up with some regret when facing credit card fees and interest but it costs the vendors more than if you use Interac.
Using Credit Cards Costs the Vendors!
From the mom and pop breakfast diner up the street to your friendly local gift shop, we all feel a certain loyalty to our favourite merchants. What many of us may not realize is that the payment choice they make does matter to those businesses. Did you know that in Canada, the way you choose to pay makes a monumental cost-savings difference to a vendor’s bottom line?
When a consumer pays using a credit card instead of Interac Debit, the vendor may pay up to 8 times more in payment acceptance costs. For example, a small business with $1 million in sales can save more than $10,000 a year annually if their customers pay using Interac Debit or Interac Flash for their purchases instead of credit cards.
Interac Debit is a secure payment acceptance option for merchants and you as the consumer. Chip-enabled Interac Debit and Interac Flash cards are extremely secure and are protected from fraud tactics such as skimming, duplicating and electronic pick-pocketing.
This Holiday Season as you’re out and about shopping, think ahead and use your own money to save yourself and the vendor.
#YourChoiceMatters Twitter Party
Date: December 3rd
Time: 9 to 10 pm EST
Prizing Eligibility: Open to Canadian residents who participate in the #yourchoicematters Twitter Party administered by SJ Consulting on Wednesday, December 3rd between 9:00 and 10:00PM EST, using the hashtag #yourchoicematters.
RSVP Below by adding your Twitter name (ie. @SJConsulting_CA) in the URL field and your Twitter link (ie. https://twitter.com/SJConsulting_CA)) in the Name field.