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

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

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

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

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

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

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

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

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

Payment networks use tokenisation to extend their reach and control

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

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

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

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

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

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