Interac e-Transfer^® Business Request Money

The simple, fast and secure way for businesses to request and collect payments

Simplify how you get paid

The Interac e-Transfer service you trust, now streamlined for business payments. Interac e-Transfer Business Request Money helps you quickly and securely collect payments from customers, enabling direct payment from your website, app, QR code, or even directly within your invoices.

Ways to use Business Request Money

Storefront purchases

Consumers can pay for goods and services at a storefront or any small business using a QR code-driven Business Request Money transaction.

Donations

Consumers can donate to a non-profit organization online or in person using a QR code-driven Business Request Money transaction.

Payments within a merchant’s website or app

Businesses can initiate payment transactions within their platforms — website or mobile app — without requiring customers to log into a separate banking channel.

Funding a new account or digital wallet

Consumers can open a Canadian deposit or investment account (RRSP, TFSA) at a participating financial institution or an account with a licensed lottery and gaming operator and fund it instantly by initiating a Business Request Money transaction.

Credit card payments

Consumers can choose to pay their bills for their participating credit cards by initiating a Business Request Money transaction from their online banking platforms.

Utility payments

Consumers can pay their utility bills by initiating a Business Request Money transaction through their utility company's platform.

Seamless. Straightforward. Secure.

Fast, frictionless experience

Businesses benefit from instant payment deposits. And customers enjoy the flexibility of transacting directly through a website or mobile app.

Low acceptance cost

Business Request Money can be a more cost-effective alternative compared to other payment methods, such as credit cards, while enabling your business to receive funds instantly.

State-of-the-art security

Pre-established payment consent reduces the risk of fraud and directs deposits to a single source. Plus, Business Request Money brings the same bank-grade security as other Interac e-Transfer services.

How to get started

Business Request Money is available to merchants operating in Canada that bank with a participating financial institution and integrates directly into your business platforms.¹

Get in touch with us or contact a participating financial institution to learn more.

Contact Interac

Frequently asked questions

Can I use the Business Request Money feature at my physical storefront or pop-up?

Yes. Consumers can pay for goods and services at a storefront or any small business using a QR code-driven Business Request Money transaction.

What are the requirements to set up Interac e-Transfer Business Request Money?

Business Request Money is available through a participating financial institution’s online banking service. Organizations looking to incorporate the feature on their website, mobile app or via a QR code should contact their financial institution.

Is Interac e-Transfer Business Request Money secure?

Yes. Pre-established payment consent reduces the risk of fraud and directs deposits to a single source. Plus, Business Request Money offers the same bank-grade security as other Interac e-Transfer services. Funds are transferred through established and secure banking procedures.

Express Interest

Thank you for your interest in Business Request Money. To begin your request, provide some details about yourself and the solutions that you would like to learn more about.

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First Name*

Last Name*

Business name

Email*

Industry

Company size

Job title

Job function

Choose Your Financial Institution*

What would you like to use Business Request Money for?

Agreements*

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For more information about contacting Interac, click here.

¹Available to Canadian merchants or merchants operating in Canada that bank with a financial institution that is an Interac e-Transfer service participant.