Interac Direct Payment definition

Interac Direct Payment means the service provided by Interac to permit Cardholders to pay for goods and services by debiting money directly from their accounts using a POS Device equipped with a PIN pad with PIN verification.
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Examples of Interac Direct Payment in a sentence

  • Interac mandates that all merchants must convert their non-AFD point of sale equipment connected to the Interac Direct Payment network to be chip- enabled in accordance with the following schedule: (i) 35% by December 31, 2010, (ii) 60% by December 31, 2012, and (iii) 100% by December 31, 2015.

  • In Canada, you can pay for purchases at any merchant displaying the Interac Direct Payment symbol and, throughout the world,on the Maestro network or any other network we make available.Interac®* e-TransferSend and/or receive money quickly, conveniently, and securely usingBMO Bank of Montreal’s online Interace-Transfer service:• Send money to your child away at school.• Pay money owed to a friend, colleague, family member or neighbour.

  • Benefits:DSaves time with same day deposit.DWorry-free in case of illness, vacation, travelling or inclement weather.DEarns interest immediately, if savings accountDNO risk of lost, stolen or damaged cheques Debit Card A trouble-free and economical way to purchase goods and services without the hassle or delay of cheque approvals! There's no need to carry cash with your MemberCard, you can make purchases wherever the Interac Direct Payment logo is displayed.

  • There is no centralised switch in the Interac Direct Payment (EFTPOS) system.

  • The "Canadian Interac Association" reports that since the completion of national implementation in 1994, Interac Direct Payment has increased by 800%.

  • Equifax - offers preferred rates to MCA Canada members for processing Visa, MasterCard, American Express and Interac Direct Payment services.

  • Credit toward promotion for previous time served at the College is determined on a case-by-case basis and granted by the Vice President for Academic Affairs.

  • A "Switch" is described as a financial currency processor of moneys including customer deposits being dispensed by ATM equipment combined with all fees charged associated to the dispensement of the money from the ATM at the request of a customer, and provides settlements to Interac Direct Payment and credit card transactions.

  • Services accessed through The Green Machine, Updater, and other automated banking machines, terminals, Interac Direct Payment terminals, telephones, personal computer and other equipment (each a "Machine") always require you to use your PIN or Password in addition to your Card.

  • In 1999, Canadians used the Interac Direct Payment Service almost 1.7 billion times.

Related to Interac Direct Payment

  • Direct Payment means a payment granted directly to farmers under a support scheme listed in Annex I;

  • Direct Patient Care means the provision of health care services provided directly to individuals being treated for or suspected of having physical or mental illnesses. Direct patient care includes both, face-to-face and telehealth-based preventative care and first-line supervision.

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Participating Hospice Care Program Provider means a Hospice Care Program Provider that either: (i) has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield to provide services to participants in this benefits program, or; (ii) a Hospice Care Program Provider which has been designated by a Blue Cross and/or Blue Shield Plan as a Participating Provider Option program.

  • As directed means the direction given by the Engineer In-Charge/Client/ Consultant.

  • Mistaken Internet Payment means a payment by a user through a ‘Pay Anyone’ internet banking facility and processed by an ADI through direct entry where funds are paid into the account of an unintended recipient because the user enters or selects a Bank/State/Branch (BSB) number and/or identifier that does not belong to the named and/or intended recipient as a result of:

  • Working With Children Check or WWCC means the process in place pursuant to Relevant Legislation to screen an individual for fitness to work with Children.

  • Investment Facilitators/Advisors means an individual, firm, corporate or other entity appointed by the Management Company to identify, solicit and assist investors in investing in the Scheme. The investment facilitator/advisor is not authorized to perform the Distribution Functions. The Management Company shall compensate the Investment Facilitators.

  • Non-Participating Hospice Care Program Provider means a Hospice Care Program Provider that either: (i) does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield to provide services to participants in this benefits program, or; (ii) a Hospice Care Program Provider which has not been designated by a Blue Cross and/or Blue Shield Plan as a Participating Provider Option program.

  • Public School Student Accessing Courses at a Distance means a student who is scheduled for a full course load through the District and attends all classes virtually.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • Direct Debit means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

  • Supervising physician means any physician licensed under Iowa Code chapter 148, 150, or 150A. The supervising physician is responsible for medical direction of emergency medical care personnel when such personnel are providing emergency medical care.

  • Family child care provider means a person who: (a) Provides

  • Program Manager means the HCAI manager responsible for the grant program.

  • Settlement Class Representatives means Plaintiffs Xxxxxxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxx, and Xxxxxxxx Xxxxxxx.

  • Pharmacy benefits management means the administration or management of prescription drug

  • Non-Administrator Dialysis Facility means a Dialysis Facility which does not have an agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan but has been certified in accordance with the guidelines established by Medicare.

  • Account Manager means a Person that acts as an agent and attorney-in- fact to buy or sell Swaps via the SEF operated by BSEF in the name and on behalf of another Person. An Account Manager may also be a Participant.

  • Direct care staff means a facility employee whose primary responsibility is to provide personal care services to residents. These personal care services may include:

  • Direct Load Control means load reduction that is controlled directly by the Curtailment Service Provider’s market operations center or its agent, in response to PJM instructions.

  • Assisted living services means services provided by a

  • Individualized Education Program (IEP means a written statement for a child with a disability that is developed, reviewed, and revised in accordance with Sections 300.320 through 300.324 of 34 CFR.

  • Direct rollover means a payment by the Plan to the Eligible Retirement Plan specified by the Distributee.

  • Pharmacy support person means a person, other than a licensed pharmacist, a registered pharmacist-intern, or a registered pharmacy technician, who may perform nontechnical duties assigned by a supervising pharmacist under the pharmacist’s responsibility and supervision.

  • Guardian in respect of a Minor shall mean the person(s) appointed as the guardian(s) under or acting by virtue of the Guardianship of Minors Ordinance (Cap 13. of the Laws of Hong Kong).