You are responsible to report your card immediately if it has been lost or stolen.
Fraudsters can steal my card information right from my wallet.
Not true. Interac® Flash uses EMV-based secure chip processing instead of magnetic strip data processing. This protects Interac Flash against skimming, counterfeiting, and transaction replay types of fraud.
I might pay for something by standing too close to a merchant terminal with an Interac® Flash-enabled debit card in my wallet.
Not true. Your card needs to be less than 4cm away from the terminal and positioned at a particular angle in order to make a purchase.
If my Interac® Flash-enabled debit card is lost or stolen, my account could be emptied before I even realise it.
Not true. Spending limits require the cardholder to enter their PIN once set limits are reached. Typical limits are $100 for single transactions and $200 cumulative limits.