With millions of Canadians depending on Interac solutions every day, we prioritized network resiliency, security, and innovative product upgrades in 2021.
Read the letterInterac Corp. empowers Canadians to transact digitally with confidence by providing payment and value eInterac Corp. empowers Canadians to transact digitally with confidence by providing payment and value exchange services rooted in security, reliability, and efficiency.
The 2021 Corporate Year in Review provides information about our annual performance, our strategic plans and the role Interac plays in the lives of Canadians. While not a publicly traded company, transparency and accountability are central to our place in the Canadian economy. We are focused on delivering value to our stakeholders and collaborating across the financial industry to streamline life for Canadians.
Message from the President and Chief Executive Officer
Corporate Performance
In a year that required continued adaptation and change, Interac met its financial targets for the 2021 fiscal year.
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20%
Consolidated revenue growth
33%
YoY growth of Interac e-Transfer transactions
15%
Strategy
The 2021 Interac strategy focused on optimizing products and solutions today while investing for the future. As the market matures alongside our payment products, new and diversified lines of business will be key to Interac growth overall.
Delivering financial performance fuels customer centric investments in omnichannel commerce and money movement offerings for consumers and businesses, digital ID services for Canadians, and scalable, reliable platforms on which our customers can build customized solutions.
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People and Community
During a challenging year we were inspired to look inward and find new ways to outwardly support our communities, embrace inclusivity and drive positive change.
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