While Android Pay was slow to come to Canada, Interac and Google have teamed up to make it easier for Canadians to use the service with their debit cards. The agreement between the two adds additional availability, convenience, and security for those who bank with BMO, CIBC, Desjardins, and Scotiabank.
- Availability: Interac Debit on Android Pay can be used anywhere contactless payments are accepted, which means hundreds of thousands of merchant locations across Canada.
- Convenience: After downloading the Android Pay app and entering their Interac debit card information, Canadians simply need to hold their unlocked Android device in front of a contactless terminal to pay quickly and conveniently at the checkout – there’s no need to open the app.
- Security: All transactions go through the Interac Token Service Provider, a proprietary platform to ensure the safety and privacy of your financial information.
Anyone with an Android device running KitKat (4.4) and higher with a compatible device and a debit card from participating banks will be able to use them through Android Pay pretty much anywhere contactless payments are accepted.
“We’re excited to team up with Google, as well as our participating financial institution partners, to bring Interac Debit on Android Pay to Canadians,” said Mark O’Connell, President and CEO, Interac Association and Acxsys Corporation. “As the payment landscape evolves, we strive to offer Canadians innovative and seamless payment experiences that are fast, secure and increasingly more digital. The launch of Android Pay in Canada will give Interac debit cardholders yet another way to pay using their own money.”
Unfortunately, there is no word at this time as to when — or if — Canada’s other two big banks (TD and Royal Bank) plan to allow their customers to use Android Pay with their debit cards as well.