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Interac Association

Royal Bank Plaza, North Tower, 200 Bay St, Ste 2400, PO Box 45, Toronto, ON, Canada, M5J 2J1
Tel: 416-362-8550
Fax: 416-869-5080
Contact:
 
Membership:
Year business established: 1984
Business Description:
Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians' accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada's leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion. For more information, visit In the Know.

Interac e-Transfer® for Business. As an enhancement of the existing Interac e-Transfer service, this tool was built to meet the needs of Canadian businesses and offers higher transaction limits up to $25,000 depending on the financial institution and accounts within each institution, fast money transfers with instant confirmation and rich remittance data, allowing businesses to reconcile transactions with less paperwork. In other words, it can help streamline accounting processes and accelerate back-office modernization.

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