We now have the “Debit Card” up and running!! Here is the thing that goes with it: We are only processing transactions of $5.00 or more for Debit/Interact. No minimums on Credit Cards and the almighty Canadian$. We thank those of you who have been patiently waiting for the Interact.
A little explanation of why we are only processing transactions of $5.00 or higher:
Interact charges us .07 per transaction no matter what the size of the transaction. So if you think about a $1.25 transaction and the associated costs of that transaction it makes the margins even smaller and sometimes non-existent. This is why you don�t see the big guys like T.H. using Interact. T.H. has just launched what they are calling there “Quick Pay” which is a over glorified gift card. We have had this type of card for several years now.
The “Quick Pay” card that the Red Whale has is also refillable and can be used like a debit/Interact card. You can put as much on the card as you want $5-$10-$20 etc. The Quick Pay card is great for gifts or as a stocking stuffer.
We thank you for you patients and continued support!