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Network Participants

Interac Network Participant Definitions Interac Corp. works with two types of network participants: Participants of Interac Corp. may act as: Issuers: These participants are financial institutions who maintain demand accounts and issue debit cards to their clients to access Interac services. At present, financial institutions, money market mutual funds and insurance companies are eligible to…

Our History

The story of Interac Since 1984, Interac has played an important role in bringing digital innovation into Canada’s commerce — and Canadians’ lives. We’ve helped make it possible to withdraw cash anywhere in the country, send money in an instant, pay with your bank account through the tap of a phone, and digitally verify your…

Board of Directors

Our governance structure is grounded in the law and policy applicable to all corporations as embodied in the Ontario Business Corporations Act and common law. That legislative and judiciary framework is supplemented by regulatory and contractual guidelines in the form of an Amended Consent Order issued by the Competition Tribunal in 2013, and the Unanimous…

Our Leadership

Learn more about the executives guiding the Interac team, in helping shape the future of the payments landscape in Canada. Jeremy Wilmot President & CEO Ted Bowman Chief Product Officer Sudha Dwivedi Chief People & Culture Officer Mario Falvo Chief Financial & Risk Officer Debbie Gamble Chief Strategy & Marketing Officer Conni Gibson Chief Legal…

Company Overview

Behind the logo is a complex network that facilitates millions of financial transactions every day. *Per the 2022 Gustavson Trust Index: https://www.uvic.ca/gustavson/brandtrust/assets/docs/final–gbti-2022-main-report.pdf ** https://www.interac.ca/content/business/charity-payment-processing-interac-e-transfer-how-interac-teed-up-quick-reference-code-donations-for-ronald-mcdonald-house-toronto/