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The all-important task of getting paid is another area where security is a major consideration. But speed and convenience matter too — you want to get paid fast, right? By using Interac e-Transfer as a go-to for money transfers, you can move money faster and more securely (not to mention the additional benefits you can take  advantage of that you don’t get with traditional methods like cheques and cash).

It’s a good idea to use Interac e-Transfer Request Money to help you get paid: Not only because it nudges your clients to send you money, but also because it encourages them to use a secure method to pay you. Speaking of secure, listen now to be introduced to Interac Verified, a service that makes it easier for Canadians to prove they are who they say they are in digital interaction.

Visit interac.ca/dollarone to to learn more about Interac Verified, and about how our products and services can help you safeguard your business.

  • Episode Transcript

    Welcome back to From Dollar One by Interac. Over the last few episodes, we’ve been talking about ways to protect your business against the risk of fraud.

    There’s another way we want to help Canadian entrepreneurs grow and thrive, and that’s through the products and services we offer, which have layers of security built secure? That helps explain why lots of Canadian entrepreneurs are choosing to use Interac e-Transfer to send money to suppliers and pay staff and contractors rather than checks. And with Interac e-Transfer, there’s no physical exchange of money, which lowers the concerns you may have over the potential of cash and checks to get lost or stolen.

    Interac e-Transfer is a great way to ask for money too. When you use the Interac e-Transfer Request Money feature, it sends your clients a message reminding them to pay you, and it encourages them to use Interac e-Transfer to do so, which means they’ll be using a fast and secure payment method.

    And here’s another tip. Did you know Interac e-Transfer Autodeposit can help keep your transactions secure? Once you enable the Autodeposit feature, your incoming transfers will be automatically deposited into your account, following routine fraud checks by your financial institution. You bypass the email step, which means any fraudsters who have gained access to your email account won’t be able to intercept the message and divert the funds.

    Now let’s talk about another Interac service, Interac Debit. If you’re already using it to accept payments, you already know how convenient it is. But it also gives you sophisticated security features designed to protect your business. And as a bonus, with Interac Debit, the payment is good funds, so it’s guaranteed with no chargebacks.

    Alright. One more product, one you may not have learned too much about yet.

    It’s called Interac Verified, and it enables participating businesses to digitally verify potential customer and client data. Okay. But what does that mean?

    It’s a service that makes it easier for Canadians to prove they are who they say they are in digital interactions. For smaller, up and coming businesses, you can use Interac sign in service, which is part of Interac Verified, to access select government services, like your tax information or applying for business grants.

    Visit Interac.ca/DollarOne to learn more about Interac Verified and about how our products and services can help you safeguard your business.

    For now, that wraps it up for Chapter Three of From Dollar One. At Interac, we want Canadian entrepreneurs to thrive. So we hope the info we’ve shared is helping you feel more confident about taking charge of digital security to protect the business you’ve built.

    Sign up for our free newsletter to receive more tips, advice, and resources for entrepreneurs. Bye for now.

This article offers general information only and is not intended as financial, legal or other professional advice. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subject matter discussed. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Interac Corp.