Quoted from Smack:Question for Canadians. Cash on glass or Interac? Downside of Interac is daily max of 3k and 7 day limit of 10k but the transaction is not reversible once deposited by the receiver. I have done multiple Interac instalments to buy a pin but what was also with a very trusted friend so there was no risk to me.
Getting cash from the bank can be a pain in the butt sometimes too.
Better if you know the person but talk to the seller and get to know them a bit. E-transfer is the easiest way, seller can verify funds and you don’t need to carry a fat stack.