CollinsHarper

Interac Online Payment (Beanstream)

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TD Beanstream Interac Online
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Overview

Interac Online Payment (Beanstream)

Offer your Canadian clients the same options in an online environment as they have at a retail store. Accepting Interac Online payments allows you to tap into a network of 24 million Canadians who trust the Interac brand. Interac only supports the following banks in Canada: TD Canada Trust, RBC, BMO, and Scotia Bank.

Highlights

Lower your risk
Processing and authentication is done direct by the customer's bank. You'll avoid fraud-coded chargebacks and lower transaction risks.

Lower your costs
INTERAC Online fees are lower than online credit card processing fees. Accepting this alternate payment method will save you money.

Increase your revenue
The INTERAC Online service attracts the younger demographic and the credit weary. Provide an option for younger consumers and other clients who can't get or won't use credit cards.

Increase your sales!
Its secure ~ Personal information is only shared with the customer's trusted financial institution
Its easy ~ Transactions work through a customer's banking portal - they know and trust it
It's not credit ~ Payments re made from a bank account - no interest, no postponed payment

74% of Canadians prefer to use their own money - not credit. Until recently, online purchasing in Canada was limited to credit card transactions. Not any more. Our Beanstream Interac module offers a preferred payment alternative to the 24 million Canadians that already have a bank card.

How it works

1. From your checkout the client selects Beanstream Interac payment menthod.
2. They are directed to the Interac Online site where they select their bank.
3. From their financial institution they login and approve the transaction.
4. The client is returned to your site, the payment is confirmed and the order complete.

Support

Need Help? Please contact us at customersupport@collinsharper.com. Paid installation is available.

Please Note: We do not test, warrant or guarantee our modules for Magento installations running on Windows Server/IIS. Please contact your hosting provider to determine the Web Server and Operating System of your Magento store.

Release Notes

TD Beanstream Interac Online

2008-12-03 20:29:33
  • Version number: 0.1.0
  • Stability: Stable
  • Compatibility: 1.4, 1.4.1.1, 1.4.2, 1.5, 1.6
Payment module for TD Beanstream Interac online.
www.beanstream.com
Reviews

About the Developer

This extension was developed by and is supported by CollinsHarper

Interac Online Payment (Beanstream) 0 5 1 1
The following banks can pay through this interac system: TD Canada Trust, RBC, BMO, and Scotia Bank. October 6, 2011
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Does this extension allow for 2 accounts? One for US customers and the other for Canadian and world customers?
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jdsawlor
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8 months ago
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