Interac - Faster Payments

 

Delivering Faster Payments and
accelerating innovative money movement

We have been growing and investing in the Interac e-Transfer platform to address real-time payment needs using state-of-the-art, scalable technology. The Interac e-Transfer platform is setting the standard for how Canadians choose to send and receive money digitally, and exemplifies how we are leading secure, real-time money movement innovation in Canada.

Our platform provides interoperability to more than 250 financial institutions in Canada and supports real-time payments across a wide range of use cases.

    • Person-to-Person (P2P)
    • Person-to-Business (P2B)
    • Business-to-Person (B2P)
    • Business-to-Business (B2B)

New enhancements to the Interac e-Transfer platform are also planned for 2017 to meet growing demand for increased functionality. The Interac e-Transfer platform offers unique capabilities, such as 24/7/365 availability, real-time payment notifications, analytics, and reporting. All users are protected with multiple layers of security including encryption technology, financial institution authentication and proprietary risk management making it one of the most secure P2P solutions globally.

We have a strong 30 year history of facilitating secure financial transactions. We are accelerating the growth of digital payments in Canada through the development of innovative solutions, including Interac Flash, international remittances, mobile Interac Flash, the Interac Token Service Provider (TSP), Interac on Apple Pay, and international licensing solutions. We’re helping pioneer what the future of payments will look like, developing new ways for businesses and consumers to pay, receive and move money wherever and however they need it.

Delivering Faster Payments and
accelerating innovative money management

We have been growing and investing in the Interac e-Transfer platform to address real-time payment needs using state-of-the-art, scalable technology. The Interac e-Transfer platform is setting the standard for how Canadians choose to send and receive money digitally, and exemplifies how we are leading secure, real-time money movement innovation in Canada.

Our platform provides interoperability to more than 250 financial institutions in Canada and supports real-time payments across a wide range of use cases.

    • Person-to-Person (P2P)
    • Person-to-Business (P2B)
    • Business-to-Person (B2P)
    • Business-to-Business (B2B)

New enhancements to the Interac e-Transfer platform are also planned for 2017 to meet growing demand for increased functionality. The Interac e-Transfer platform offers unique capabilities, such as 24/7/365 availability, real-time payment notifications, analytics, and reporting. All users are protected with multiple layers of security including encryption technology, financial institution authentication and proprietary risk management making it one of the most secure P2P solutions globally.

We have a strong 30 year history of facilitating secure financial transactions. We are accelerating the growth of digital payments in Canada through the development of innovative solutions, including Interac Flash, international remittances, mobile Interac Flash, the Interac Token Service Provider (TSP), Interac on Apple Pay, and international licensing solutions. We’re helping pioneer what the future of payments will look like, developing new ways for businesses and consumers to pay, receive and move money wherever and however they need it.

A closer look

Canadians are using the service on an average of 436,000 times every day. So how is it being used and just how much money is it moving? Read on to learn more.

INTERAC infograph EN SEPT 21

 

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