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Canada prepares for the next payment gamechanger – the Real-Time Rail (RTR)

Voice of the Industry | Online Payments | 04 Jul 2022

John Cowan, Chief Technology and Operations Officer at Payments Canada, elaborates on the RTR and its benefits for consumers and businesses.

real-time payments, payment methods, RTR, ISO 20022, Interac, API, Payments Canada

Interac, Walmart partner to expand debit payment options across digital shopping experience

News | Online Payments | 10 Nov 2020

Interac has announced that it is working with Walmart Canada to offer its customers enhanced methods of paying with debit online and in-store.

Interac, Walmart Canada, Interac Debit for In-App, In-Browser Payments, checkout, point-of-sale, debit card, COVID-19, pandemic, retailers, ecommerce, chargebacks

A new era in payments – Canada's digital transformation during the COVID-19 pandemic

Voice of the Industry | Online Payments | 27 Oct 2020

William Keliehor, Chief Commercial Officer at Interac, talks about the important role played by digital transformation for Canada’s economic recovery

Interac, William Keliehor, Canada, COVID-19, digital transformation, digital payment, ecommerce

Everlink, Interac announce multi-year extension to tokenization service provider agreement

News | Digital Identity, Security & Online Fraud | 06 Aug 2020

Everlink has announced a multi-year extension of its Mobile Tokenization Service Provider agreement (TSP) with Interac

Everlink, Interac, Mobile Tokenization Service Provider agreement, TSP, Canada, cardholders, mobile wallet, tokenization, credentials, Interac TSP, issuers, acquirers, Inter-Member Network, credential fulfillmen

Major Canadian banks join up to protect open banking data

News | Payments General | 06 Aug 2020

Financial Data Exchange (FDX) Canada has been officially launched and comprises 31 organisations leading the Canadian financial services ecosystem, including the Big Five banks.

banks, Open Banking, data, security, RBC, CIBC, National Bank, TD Bank Group, BMO, Desjardins, Tangerine Bank, Simplii Financial, Equitable Bank, Interac, standardisation

Financial Data Exchange launches in Canada

News | E-invoicing, SCF & E-procurement | 30 Jul 2020

Financial Data Exchange (FDX), a US-based non-profit organisation dedicated to developing an industry standard for financial data sharing, has launched in Canada.

data, exchange, Canada, Financial Data Exchange, FDX, US, Bank of Montreal, Capital One, CIBC, Desjardins, FinTech Growth Syndicate, Flinks, Interac, Koho, Plaid , Visa, banks, API, fintech, payments , network

Scoatiabank to help customers through information hub

News | Payments General | 02 Jun 2020

Canada-based Scotiabank has launched an information hub called ‘Bank Your Way’ to support customers, especially senior customers, with digital banking services.

Scotiabank, digital banking, Canada, Bank Your Way, hub, digital, banking, COVID-19, coronavirus, Interac, e-Transfer, mobile app, payments , loans, credit cards

COVID-19 accelerates the move to digital payments across Canada

News | Online Payments | 26 May 2020

Interac’s recent shopping data has shown a spike in consumers and businesses choosing digital payments in Canada, as economy begins to reopen.

Interac, Canada, study, digital payments, contactless transactions, cash, cheques

Payment networks use tokenisation to extend their reach and control

News | Payments General | 06 Nov 2019

Tokenisation has become an important component of enabling secure payments in Canada.

tokenisation, Canada, Visa, MasterCard, Interac, payments , security, banks, Technology Strategies International

Interac Debit for in-app and in-browser payments expands in Canada

News | Payments General | 16 Oct 2019

Interac has announced that Interac Debit for In-App and In-Browser Payments with Apple Pay and Google Pay is now widely available.

Interac, in app, mobile payments, credit card, debit card, Apple Pay, Google Pay, Canada, contactless payments

Credit card transactions exceeded debit transactions in 2018 in Canada

News | Cards | 10 Oct 2019

The number of credit card transactions has exceeded the number of debit purchase transactions in 2018 in Canada, according to Canadian Payments Insights.

Canada, credit card, debit card, Interac

JCB partners Interac to process ABM transactions in Canada

News | Cards | 09 Jul 2019

Interac and JCB International have announced an agreement that will allow JCB to process ABM transactions in the Canadian market.

JCB, Interac, ABM, Canada, credit card, debit card

Mastercard, Interac collaborate to support Canadians sending money globally

News | Payments General | 23 May 2019

Mastercard and Interac, two global and domestic payment networks, have announced a collaboration to offer Canadians a way to send money internationally.

MasterCard, Interac, collaboration, Canada, payment network, remittance

Newgen adds new processors to their payment gateway solution

News | Online Payments | 21 Mar 2019

Newgen has integrated Wirecard, Secure Trading, Checkout, Trustly, Novelnet, Interac, Paysafe, Creditsafe, PPRO, and Sepa Express to their payment gateway solution.

Newgen, processor, payment gateway, merchant, Wirecard, Secure Trading, checkout, Trustly, Novelnet, Interac, Paysafe, Creditsafe, PPRO, Sepa Express