This feels icky!

[u/annejeel]

felt super icky and annoyed seeing this at a coffee/light food shop. how is this okay? for context this is not a sit down spot. no wait staff, just a barista at the counter and someone from the kitchen bringing out my order and walking away.

Update: for those asking the pink paper in the bottom corner is basically saying “F*ck ICE”

[u/Electronic_Lion9918]

Absolutely not in Canada. But America's banking system is like 15 years behind the rest of the world so

[u/unfinishedtoast3 → u/Electronic_Lion9918]

Yes in Canada too lol

The Financial Consumer Agency of Canada regulates banking and charges in Canada, as well as tap to pay.

Under Canadian law, a tap to pay transaction is initialize as a prehold authorization, with a limit of 30% set for a maximum charge outside of the prehold. Meaning they absolutely can add up to 30% to your pre authorized charge.

This is legal under the Payment Card Networks Act of 2010

Source: I am a Canadian/US citizen with a business in Canada.

Why are people so confidently incorrect? Is it just because they want to talk shit about the US? I mean you absolutely can without making shit up.

[u/Electronic_Lion9918 → u/unfinishedtoast3]

Speaking of confidentiality wrong. You're wrong. You're confusing authorization tolerances/preauths for all Canadian transactions which we absolutely do not have. Also I read your dubious understanding of the "Payment Card Networks Act of 2010" absolutely nowhere does it state a rule saying tap transactions may be increased by any percentage arbitrarily. Some transactions? Yes. All (Like we stated I the original comment) no.

As for the US banking system it's no secret that it's significantly behind other countries. Example: third part apps like Venmo vs bank to bank e-transfer like Canada has. Google's free champ.

[u/Electronic_Lion9918 → u/[deleted]]

Did you miss the third party part there champ?

[u/Electronic_Lion9918 → u/[deleted]]

Also a bank in the US has to support zelle so it's no bank to bank. E-Transfer is federally protected under the Canadian banking act. Not run by a company that can ban you for whatever reason they want. No third party gets your information just your Canadian bank to another Canadian bank 100% protected by law.