Today someone will send money to a friend to split a bill, another will tap their debit card to purchase coffee, and a small business will accept a delivery online. Behind these everyday transactions is a complex network that helps Canadians stay in control of how they use their money.
Interac plays an important role in the payment network and products that Canadians use millions of times a day. Since 1984 we’ve worked with the country’s financial institutions to create the infrastructure, tools and governance that have helped make it simple and secure for Canadians to use their money anytime, anywhere in Canada.
In addition to modernizing our system with real-time payments we are applying our technology towards new innovations like digital identity. Together with businesses and government we are helping to shape a digital economy that works for all of us.