Quote:
Originally Posted by WTS - Ben
No problem. 
Real-time debits ?
These are POS (point of sale) transactions.
The consumer is present and the check is scanned for the MICR data. This is not available for non face-to-face transactions (Internet / Phone transactions). |
This has been available to Canadians for some time now and alot of gaming sites use it.
http://www.instadebit.com/
Preceding that for many years now we've been able to send what's called an Interac Email Money Transfer:
http://www.interac.ca/consumers/prod...ces_ol_emt.php
and they also have realtime debit online as well
http://www.interac.ca/consumers/prod...es_ol_main.php
Banks and such in the states need to hurryup and implement this, they're way behind