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Here are some descriptions of Canada's Interac Direct Payment system from their web site at Given Canada's population is one-ninth that of the USA, Interac is far more widely honored and used than any of the PIN-based debit POS systems in the USA.

"Interac Direct Payment is offered at over 328,000 merchant locations across Canada. Consumers use their banking card to pay for goods and services at the point-of-sale rather than carrying cash."

"Interac Direct Payment reduces the risk of cash loss and theft
If a banking card is lost or stolen, the funds remain inaccessible without the Personal Identification Number (PIN). Both the card and your confidential Personal Identification Number are required to complete a transaction."

"Interac Direct Payment is faster and more confidential than writing a cheque. Interac Direct Payment is not only faster, it is a more confidential method of payment than cheques, which frequently provide the consumer's name, address and telephone number. Also the cardholder may require additional pieces of identification to complete the use of a cheque."

"Interac Direct Payment prevents overspending. Interac Direct Payment allows cardholders to access funds that are already in their account at the time of purchase and keep track of their spending. There is no cumulative bill at the end of the month. Cardholders receive a transaction record provided at each point-of-sale that allows them to track their spending easily. Cardholders can only spend what is already in their account."

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