INTERAC® Flash

INTERAC® Flash

Our MemberCard® with INTERAC® Flash in now available.  When you MemberCard® is up for renewal, or if you get a new one in-branch, your new MemberCard® will be INTERAC® Flash enabled.

INTERAC® Flash
North Peace Savings and Credit Union is a leader in the financial services industry.  Our MemberCard® is now enables with INTERAC Flash for all your transaction needs.

INTERAC FLASH® TECHNOLOGY: WHAT IS IT? HOW DOES IT WORK?

What is Interac Flash® technology? Expand/Collapse

Interac Flash® technology is a contactless way of paying with your debit card. Now you can simply hold your card at a reader that supports the Interac Flash® service to make a payment instantly from your credit union account.

What are the benefits to consumers? Expand/Collapse

The primary benefit is that the Interac Flash® service is a fast and convenient way to pay for everyday purchases at the point-of-sale. Interac Flash® technology is built using the highest security available for contactless payments protecting it from electronic pickpocketing attacks.

Why is the industry moving to Interac Flash® technology? Expand/Collapse

The move to Interac Flash® technology is the latest innovation in the rapidly changing payments environment, and demonstrates the industry’s responsiveness to consumer’s needs for convenience and security.

Do I need to activate the Interac Flash® feature on my card? Expand/Collapse

Yes, the contactless payment feature is activated by a Chip and PIN transaction. This security feature helps ensure that the contactless feature is only used by the legitimate cardholder and is not usable while in transit.

How does the Interac Flash® service work? Expand/Collapse

The symbol on your Member Card® debit card identifies it as one with Interac Flash® technology: An Interac Flash® purchase involves two steps:

  1. You hold your card no more than 4 cm in front of the terminal or reader.
  2. A beep and/or “approved” message on the terminal will acknowledge your purchase is complete.

When you use the Interac Flash® service, your purchase will automatically be debited from your credit union account.

Do I get to choose whether or not I use the new contactless payment feature or my Chip and PIN? Expand/Collapse

Absolutely, you may choose which payment method you wish to use on any given transaction.

Where can I use the Interac Flash® service? Expand/Collapse

You can pay for items using the Interac Flash® service at any participating merchant.

Watch for the Interac Flash® signage and/or the  tap    symbol on the merchant terminal’s display screen to identify Interac Flash® merchants.

    

Will I be able to use the Interac Flash® service outside of Canada? Expand/Collapse

Interac Flash® technology is only supported at participating Canadian debit card merchants at this time. Outside Canada, use Chip & PIN or swipe transaction processing to make purchases or withdrawals.

Is the Interac Flash® service safe? Expand/Collapse

Yes, it is.

Can someone copy my personal information with a scanner just by standing close to me? Expand/Collapse

The Interac Flash® technology protects your card from being copied and counterfeited by using secure Near Field Contact (NFC) processing, which protects your information against skimming and counterfeiting. You don’t have to worry about someone watching or recording your PIN number when you are in a hurry.

As well, NFC processing prevents transaction replay types of fraud, including electronic pick-pocketing – events you may have heard about in other countries or with other technologies such as Radio Frequency ID, or RFID processing.

The data that passes from the card to the terminal only contains payment codes related to that specific transaction. Your personal information is safe and secure.

What if someone steals my card – what will stop them from emptying my account? Expand/Collapse

Another layer of safety comes from limits set on your Member Card® debit card enabled with the Interac Flash® service. The maximum amount per purchase using the Interac Flash® service is $100. On top of that, there is a cumulative spend limit of $200. Once this limit is reached (regardless of time in which it is reached), you will be asked to insert your card and enter your PIN to complete the transaction.

Are there any other consumer protections in place? Expand/Collapse

Consumers are protected by the terms and conditions of your Member Card® debit card PIN agreement, in addition to the Interac Zero Liability policy.

For your part, it is important that you:

  • Prevent others from using or accessing your card, by keeping it secure and within your control at all times.
  • Monitor your accounts and immediately report any suspicious activity.
  • Immediately report your card if it becomes lost or stolen.

Please refer to your Member Card debit card PIN Agreement for more information.

Do I need to keep my card in an aluminum case or some type of card protector? Expand/Collapse

No. The NFC technology inherent to the Interac Flash® service protects your card from being copied and counterfeited. You can use and carry your card with confidence, knowing no one can pickpocket information or process fraudulent transactions.

How will I track purchases I’ve made using the Interac Flash® service? Expand/Collapse

You will be able to get receipts just the way you do today with your Chip and PIN debit purchases. Each transaction will be itemized on your statement.