The cashless revolution: 5 benefits to a cashless life
Our smartphones give us the ability to mobilize our social A-Teams for a round of drinks at a moment’s notice. Yet, we still split the tab with tedious personal transactions, persistently at the mercy of our cash.
If we can order a rideshare, plan a vacation and post a #SelfieSunday from the same device, there’s no reason we shouldn’t be able to exchange money or make payments with the touch of a thumb. Interac e-Transfer® makes it effortless to pay, send and receive money between friends, family and participating businesses.
To envision your best life with lightning-fast transactions, let’s reflect on the most common transactions we make every day:
1. Rent is due tomorrow and you can’t find your chequebook
(Do we even use cheques anymore?). You could wait around (not to mention put forward some hard-earned money) for the bank to send you a new chequebook, or you could pay your landlord directly with seamless person-to-person transfers. If you split rent with roommates, have them pay you using Interac e-Transfer® and move all of the funds to your landlord just as easily.
2. You order pizza with colleagues during a late night at the office
The guy who scooted to your office with the cheese and sausage pie doesn’t seem that keen on processing ten separate payments in order to split the bill evenly. No worries: You and your colleagues can quickly send your share via Interac e-Transfer® to one person, who can then pay the bill in full. Delivery guy paid, colleagues’ debts settled and all the pie devoured.
3. You just moved to a new city and your parents offer to pay for new furniture
Spending your parents’ money has never been easier: Mom and dad send you the money for a new coffee table from hundreds of miles away and you get your coffee table as soon as you find one worthy of your new pad (not to mention the latte that you bought with their money). If the feeling ever strikes you to get them back for their generous donation, send the money right back without having to go home or pay a hefty money order fee.
4. Concert tickets to your favorite band are selling fast and you need money to buy enough for the whole group
You don’t have the money to float the ticket price for your six friends that want to attend, but you’re the only one with time to buy tickets and they’re disappearing before your eyes. Never miss another opportunity due to sluggish transitions; just text your friends to hit you with the money using Interac e-Transfer and snatch up those tickets before you can say encore.
5. Your side hustle is dog-sitting and your client’s short on cash
Your side hustle is dog sitting?! We’re jealous. Now, we know you’re probably getting paid in cash. But, sometimes, clients don’t have cash. Or they forget that today was the day you were taking Fido for a bath as well as the overnight stay, meaning they're short on what’s owed. Use Interac e-Transfer: Your client can quickly transfer the money to you and it will be right there in your bank account where you want it (rather than floating in your car tempting you to blow it all on morning coffees). Happy client, happy dog sitter, happy pup.
