Interac Association

65 results about this entity

Period: 17 Oct 2007 - 16 Apr 2024

/regulation

Bank of Canada designates Interac e‑Transfer as a prominent payment system

Bank of Canada Governor Tiff Macklem has designated Interac e‑Transfer ® as a prominent payment system under the Payment Clearing and Settlement Act, effective August 10, 2020.

/payments

Everlink and Interac announce mulit-year extension to tokenization deal

Everlink Payment Services Inc. is very pleased to announce a multi-year extension of its Mobile Tokenization Service Provider agreement (TSP) with Interac Corp.

/payments

Covid-19 accelerates Canadian move to digital payments

According to new data released by Interac Corp., payment transaction records show that today, more than ever, Canadian consumers and businesses are adopting digital methods to spend, send and receive money.

/payments

RBC first in Canada to offer Interac e-Transfer: Bulk Request Money feature

There are many tasks involved in running a smooth business operation. Among them is the efficient and cost-effective management of accounts receivables which is critical to maintaining a healthy cash flow.

/security

Canada's Interac buys digital ID outfit 2Keys

Canadian debit network Interac has acquired Ottawa-based 2Keys to strengthen its position in the digital identity market. Financial terms of the deal were not disclosed.

Interac ushers in in-app and browser payments with Apple Pay and Google Pay

Interac Corp. today announced that Interac Debit for In-App and In-Browser Payments with Apple Pay™ and Google Pay™ is now widely available. Canadians already use Interac Debit on Apple Pay or Google Pay for in-store purchases at hundreds of thousands of merchants across the country.

Interac and JCB team up to help travellers withdraw cash in Canada

Interac Corp. and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., have announced an agreement that will allow JCB to process ABM transactions in the Canadian market by leveraging the existing infrastructure between Interac Corp. and Discover Global Network to support both magnetic stripe and chip and pin cards.

Adyen adds support for Interac Debity in digital wallets

Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced the addition of Interac Debit on Mobile for In-app and In-browser as a payment method for Canadian merchants.

/payments

Interac partners Mastercard to let Canadians send e-Transfers overseas

Canadian debit network Interac has teamed up with Mastercard to enable users of its e-Transfer P2P payments service send money to bank accounts around the world.

/payments

Use of Interac e-Transfer service surges in 2018

The Interac e-Transfer service is showing no signs of slowing down, with Canadian consumers and businesses using the platform at record levels. Interac Corp. released today new record numbers for its Interac e-Transfer service, which reports more than 371 million transactions in 2018, worth a total of more than $132 billion.

Interac opens innovation lab

Canadian debit network Interac has opened an innovation outpost and accelerator at Communitech, a tech hub based in the city of Kitchener, Ontario.

Interac and Bambora to offer cross-border e-commerce payments

nterac Corp. (“Interac”) announced its work with international payment service provider Bambora to soon allow Canadians to use Interac Debit to pay for e-commerce purchases from merchants domestically and cross-border.