There are spending limits for purchases made using Interac Flash, which are set by your financial institution. A single transaction can’t exceed $100. If your purchase is above this limit, you will be prompted to conduct an Interac Debit transaction by inserting your card into the reader and entering your PIN. As an added layer of protection, there may also be a cumulative spend limit for Interac Flash transactions. What is a cumulative spend limit? It’s the value of all contactless transactions made with your card since the last time you entered your PIN. When this limit is reached, you will be asked to insert your card and enter your PIN. This will reset your limit so you can continue to use Interac Flash.
Interac Flash has built-in technologies to protect consumers from fraud. Each transaction uses secure chip processing - it never relies on the magnetic stripe. As an enhancement of Interac Debit, Interac Flash provides you with all the security benefits you already rely on, including world-class protection against fraudulent activity.
Not all contactless payment technologies are created equally. Interac Flash uses EMV® secure chip processing to protect consumers against fraudulent activity, including skimming, counterfeiting, transaction replay types of fraud, and tactics such as electronic pick-pocketing. See our Fraud Prevention section for more information.
The Contactless Indicator is a trade-mark of EMV Co. LLC. Used under license.