For corporate Canada, it's time to cheque out. Nearly three quarters of businesses surveyed in Canada (74 per cent) are making plans to phase out the use of cheques within five years, according to a recent survey from Interac Corp. (Interac). Faster digital payment methods are taking their place, with half of businesses in Canada accepting Interac e-Transfer® as a method of payment.
Two Ontario residents are warning others to double check their Interac e-transfers recipients before they send the transfers after they lost money making the same mistake.
Two Ontario residents are warning others to double check their Interac e-transfers recipients before they send the transfers after they lost money making the same mistake.