National Bank of Canada launches international direct payment offering

Source: National Bank of Canada

National Bank (TSX:NA) is proud to launch its International direct payment solution that will allow National Bank Client Card holders to use their debit cards worldwide via the Maestro network.

In concrete terms, this means that Client Card holders will have greater access to their funds and be able to pay for purchases via Maestro at more than 13 million participating merchants in more than 100 countries around the world. As in Canada, clients simply need to enter their PIN to authorize the payment and the purchase amount is debited directly from their bank account.

"Electronic payment is rapidly changing and we are making it one of our top priorities. Right now, direct payments make up the bulk of debit transactions, and with the growing number of people travelling all around the globe, it was vital for us to meet our clients' changing needs," stated Eric Paquet, Senior Manager - Retail Transaction and Payment Solutions at National Bank Financial Group.

For National Bank clients travelling outside Canada, the Client Card is now as convenient a payment solution as credit cards and foreign currency. 

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