Splitting costs with roommates is never easy – who paid more for groceries last month? Is one person’s rent cheque always late? Who paid the hydro bill?
Meet Kiana and Michael, a couple who keep things simple by using Interac e-Transfer to split their living expenses. The couple’s landlord is also onboard with letting them pay the rent via the real-time service. From rent to groceries and beyond, they use the Interac e-Transfer as a fast, secure, and convenient way to pay and keep track of their bills from anywhere.
Watch this video to see how Kiana and Michael keep cost-splitting quick and easy with Interac e-Transfer.
You can automate and manage payments in real-time with Interac e-Transfer.
Interac e-Transfer keeps your spending on track
Collecting money from your roommates to pay the bills on time can feel like herding cats. Automating the process by using Interac e-Transfer can be the simplest and safest solution to get control and have more peace of mind.
Interac e-Transfer makes it easy to send money anywhere, anytime and to any person or business. If you have an email address, a phone number and a bank account in Canada, you can send and request money.
Tips to stay in control of shared expenses
- Speed up and manage multiple payments with Interac e-Transfer Request Money. It’s a feature that automates the process of requesting (and receiving) payments. In a few clicks, you can send a request out to whoever owes you — and they’ ll be able to easily pay you from their bank account.
- Get yourself set up for Interac e-Transfer Autodeposit. Simply log in to your online banking account or app to register for Interac e-Transfer Autodeposit — so that funds sent to you via Interac e-Transfer are automatically deposited into your bank account (without the need for a password).
Interac e-Transfer helps to split costs and protects you from issues like digital fraud
Interac e-Transfer Autodeposit can redefine how you split costs as a group. It’s an easier way to pay and get paid that takes no time to set up, and protects you from issues like email fraud and phishing scams. Your data privacy comes first and makes moving money safer without the hassle of security questions. Money is instantly sent to trusted accounts like your landlord or a roommate. It’s everything you already know and love about Interac e-Transfer – simplified.
If you’re dreading the last day of the month because you’re left asking people to send in their owed share of rent or other expenses, stress no more.Interac e-Transfer Request Money facilitates conversations and payments by enabling you to send a request in advance (or on the day of). That means no more delays, missed payments, and awkward conversations about who owes what.
Interac e-Transfer works for landlords too
Receiving and tracking payments can be stressful too, especially when they’re coming from multiple people. Landlords can request money and manage payments quickly and safely with Interac e-Transfer. They can also use Interac e-Transfer for Business for higher transaction limits and fast money transfers with rich remittance data.
Digitizing rent payments helps landlords receive rent payments instantly and directly — while saving the time and energy it typically takes to reconcile paper cheques. That frees them up to focus on the things that matter more — like managing their properties and finding ways to grow their business.
Interac e-Transfer is about simplicity and convenience
Remember, you can start using these digital tools right away. All you need is an email and a name to get going. Plus, enhanced features like the ones we covered in this article are just a few clicks away.
Discover the convenience of Interac e-Transfer.