{"id":1214,"date":"2019-11-14T15:42:33","date_gmt":"2019-11-14T15:42:33","guid":{"rendered":"https:\/\/interac1.wpengine.com\/?post_type=about&#038;p=1214"},"modified":"2025-12-16T10:33:29","modified_gmt":"2025-12-16T15:33:29","slug":"our-history","status":"publish","type":"company","link":"https:\/\/www.interac.ca\/en\/company\/about\/our-history\/","title":{"rendered":"Our History"},"content":{"rendered":"\n<section id=\"t3-hero-block_7c2c09c4a9ff13c5b1d276add1e627c2\" class=\"t3-hero\" style=\"margin-top: 0px; margin-bottom: 100px;\">\n    <style>\n                \n            <\/style>\n    <div class=\"grid-container\">\n        <div class=\"grid-x grid-padding-x align-middle\">\n            <div class=\"cell small-12 medium-4 large-6 post-wrap small-order-2 medium-order-1\">\n                <h1 class=\"animated fadeInUp post-title\">Innovating for a more prosperous economy<\/h1>\n                <div class=\"post-content animated fadeInUp\">\n                                            <div class=\"lead-text\">\n                            How Interac has helped make life more seamless for Canadians over the last 40 years                        <\/div>\n                                                        <\/div>\n            <\/div>\n            <div class=\"cell small-12 animated fadeInUp hero-image mobile small-order-1 medium-order-2 lazyload\" style=\"background-image:inherit;\" data-bg-image=\"url(https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/250618_INTERAC_S46_05005-V2_Retouched-1024x683.jpg.webp)\"><\/div>\n        <\/div>\n    <\/div>\n    <div class=\"animated fadeInUp hero-image desktop lazyload\" style=\"background-image:inherit;\" data-bg-image=\"url(https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/250618_INTERAC_S46_05005-V2_Retouched-1024x683.jpg.webp)\"><\/div>\n<\/section>\n\n\n<section id=\"interac-breadcrumbs-block_f7d24055c96df20c10bcc6a55cce372b\" class=\"interac-breadcrumbs\" style=\"background-color:#ffffff; margin-top: 0px; margin-bottom: 50px; padding-top: 0px; padding-bottom: 0px;\">\n    <div class=\"grid-container\">\n        <div class=\"grid-x grid-margin-x\">\n            <div class=\"cell small-12\">\n                <nav aria-label=\"Breadcrumb\" class=\"breadcrumb\"><ul class=\"breadcrumbs\"><\/ul><\/nav>            <\/div>\n        <\/div>\n    <\/div>\n<\/section>\n\n<div class=\"grid-container\"><div class=\"grid-x align-center\"><div class=\"small-12 medium-8\">\n<h2 class=\"wp-block-heading has-text-align-center center\" id=\"h-the-story-of-interac\"><strong>The story of Interac<\/strong><\/h2>\n<\/div><\/div><\/div>\n\n<div class=\"grid-container\"><div class=\"grid-x\">\n<p class=\"has-text-align-center\">Since 1984, Interac has played an important role in bringing digital innovation into Canada\u2019s commerce \u2014 and Canadians\u2019 lives. We\u2019ve helped make it possible to withdraw cash anywhere in the country, send money in an instant, pay with your bank account through the tap of a phone, and digitally verify your identity easily and securely while accessing online services.<\/p>\n<\/div><\/div>\n\n\n<section id=\"timeline-block_c2b356c977363ddc78b8f94610ded75e\" class=\"timeline\" style=\"margin-top: 0px; margin-bottom: 0px;\">\n    \n        <div class=\"grid-container full\">\n        <div class=\"grid-x sort-column\">\n            <div class=\"cell small-12 text-center\">\n                <ul class=\"no-bullets inline-list\">\n                    <li><i class=\"fa-light fa-arrow-up-long\"><\/i><i class=\"fa-light fa-arrow-down-long\"><\/i><\/li>\n                    <li>Sort:<\/li>\n                    <li><button class=\"sort-new active\">old to new<\/button><\/li>\n                    <li><button class=\"sort-old disabled\">new to old<\/button><\/li>\n                <\/ul>\n            <\/div>\n        <\/div>\n    <\/div>\n        <div class=\"grid-container\">\n        <div class=\"grid-x timeline-column-block mobile-xp accordion\" data-accordion>\n            <div class=\"mobile-line\"><\/div>\n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>1969<\/h2>\n                            <h3>The birth of automation<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>For most of banking history, if you wanted to deposit a paycheque or withdraw money, you had to line up at bank between the late morning and mid-afternoon. Automated banking machines (ABMs) were a game changer in convenience. The first ABMs were lockboxes users accessed with a key but were soon replaced by digital systems with keypads and access codes.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>1984<\/h2>\n                            <h3>A revolution in banking<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Today it seems obvious that you should be able to withdraw money out of any ABM in Canada, regardless of where you bank. But that started with Interac. In 1984 Canada\u2019s major financial institutions came together to figure out how they could provide shared cash dispensing to their customers. The result was Interac and Canada\u2019s first electronic payment network.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-3\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>1994<\/h2>\n                            <h3>Direct payments with Interac Debit<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Debit cards were originally issued by banks so that their customers could withdraw money from their ABMs. In 1990 Interac launched a new pilot called Interac Direct Payments. Using the Interac network, this allowed Canadians to make purchases using the money in their bank account at point-of-sale. Few could have predicted that by the end of the 1990s Canadians would be highest users of debit cards in the world.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2003<\/h2>\n                            <h3>Moving into electronic payments<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>One of the first products <a href=\"https:\/\/www.interac.ca\/en\/content\/news\/interac-association-and-acxsys-corporation-join-to-form-interac-corp\/\">Acxsys Corporation<\/a> developed and offered was a solution for peer-to-peer money movement. Based on the same principles of access and convenience as Interac<sup>\u00ae<\/sup> Debit, we introduced Interac e-Transfer<sup>\u00ae<\/sup>. Interac e-Transfer helped make Canada an important player in electronic money transfers well before the widespread adoption of other peer-to-peer methods.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2004<\/h2>\n                            <h3>Interac Debit Cross-Border<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Canadians travelling to the U.S. could finally enjoy cross-border spending with the convenience of Interac Debit. Thanks to our collaboration with NYCE terminals, approximately 2 million U.S. retailers now accept Interac Debit at checkout.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2007<\/h2>\n                            <h3>Stepping into online commerce<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>As e-commerce adoption grew, we wanted to give Canadians the same ability to pay with their own money online as in-store. This led to the launch of Interac Online, a way to pay online using your debit card.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2008<\/h2>\n                            <h3>The power of the chip<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Ushering in the move from swiping your debit card, the EMVCo, LLC Chip was a big leap in Interac Debit technology, making it even safer to pay with your own money.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2010<\/h2>\n                            <h3>Payments in a flash<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>To make payments quicker and more convenient we introduced Interac Flash. Now referred to as Interac Debit contactless payments, it was a way to pay with just a tap. By the next year we would roll out Interac Flash to thousands of retail, QSR and other storefronts across Canada.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2014<br \/>2018<\/h2>\n                            <h3>Payments on your phone<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Following on the heels of Interac Flash we were quick to move to mobile by making Interac available on smartphones. Using near-field-communication, Canadians could load their debit card into their favourite mobile wallet (and leave their physical wallets at home).<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2018<\/h2>\n                            <h3>The power of one Interac.<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>More than 20 years after Interac was divided into two organizations, it was reunited again as Interac Corp. A governance structure was created to give the new Interac Corp. the ability to quickly anticipate changes in how Canadians want to access and exchange value \u2014 whether money, identity, or data.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2019<\/h2>\n                            <h3>Building digital access and verification capabilities<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>In the first Digital ID acquisition, Interac acquired 2Keys, a leader in creating secure experiences for Canadian governments, financial institutions, and businesses. This will help us launch new services to help Canadians simply and securely verify their identity.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2021<\/h2>\n                            <h3>Adding new digital access and verification services.<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Complementing the capabilities provided by 2Keys, in 2021 we acquired the exclusive rights to SecureKey Technologies\u2019 digital ID services in Canada. In addition to payment products this now added the <em>Verified.Me<\/em> suite of digital identity solutions, to the Interac product portfolio.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2021<\/h2>\n                            <h3>Building the new payment rails<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>A big step in modernizing our payment system, this new network will enable fast, data-rich account-to-account transactions \u2014 which in turn will help lead to faster, easier, more convenient transactions. We believe that when Canadians and businesses can pay and get paid instantly, cash flow will improve, operations will become more efficient, and customer interactions will be more seamless.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                            <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2021<\/h2>\n                            <h3>Interac e-Transfer for Business<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Interac empowered businesses with an easy-to-use payment solution that streamlines the business\u2019 payment processes including paying multiple employees or vendors at once, offering higher transaction limits, and rich remittance data that can ultimately help businesses cut down on paperwork.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2023<\/h2>\n                            <h3>Interac Verified\u2122<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Interac introduced Interac Verified, the official name for our verification business arm, recognizing our foray beyond payments and our mission to help Canadians securely engage in digital transactions. This suite of solutions included Interac verification service, Interac document verification service, and Interac sign-in service.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>2023<\/h2>\n                            <h3>Interac announces Jeremy Wilmot as CEO<\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>Jeremy Wilmot was announced as the company\u2019s new President and Chief Executive Officer and Director of the Board, joining August 1, 2023.   <\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                    <div class=\"small-12 milestone-block accordion-item\" data-accordion-item>\n                    <a href=\"#\" class=\"accordion-title\">\n                        <div class=\"cell small-1 timeline-line-year\">\n                            <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                            <style type=\"text\/css\">\n                                .st1{fill:#F0B51C;}\n                            <\/style>\n                            <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                            <\/svg>\n                        <\/div>\n                        <div class=\"milestone-copy\">\n                            <h2>The years ahead<\/h2>\n                            <h3><\/h3>\n                        <\/div>\n                    <\/a>\n                        \n                    \n                    <div class=\"accordion-content\" data-tab-content>\n                                                                            \n                        <div class=\"cell small-12 timeline-copy\">\n                            <p>The Canadian economy is poised to leap forward and become a world leader in creating digital prosperity \u2014 and it\u2019s our goal at Interac to play a pivotal role in that transformation, by continuing to develop secure, resilient infrastructure in payments and digital verification that helps drives the Canadian economy forward.<\/p>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                                    \n                                <\/div>\n    <\/div>\n    <div class=\"grid-container\">\n        <div class=\"grid-x timeline-column-block desktop-xp\">\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_shutterstock_1918382540-scaled-e1663869826848.jpg.webp\" alt=\"ATM machine\" width=\"953\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 953px; --smush-image-aspect-ratio: 953\/1439;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_shutterstock_1918382540-scaled-e1663869826848.jpg.webp 953w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_shutterstock_1918382540-scaled-e1663869826848-199x300.jpg.webp 199w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_shutterstock_1918382540-scaled-e1663869826848-678x1024.jpg.webp 678w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_shutterstock_1918382540-scaled-e1663869826848-768x1160.jpg.webp 768w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 953px) 100vw, 953px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                1969                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>The birth of automation<\/h3>\n                                <p>For most of banking history, if you wanted to deposit a paycheque or withdraw money, you had to line up at bank between the late morning and mid-afternoon. Automated banking machines (ABMs) were a game changer in convenience. The first ABMs were lockboxes users accessed with a key but were soon replaced by digital systems with keypads and access codes.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                1984                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>A revolution in banking<\/h3>\n                                <p>Today it seems obvious that you should be able to withdraw money out of any ABM in Canada, regardless of where you bank. But that started with Interac. In 1984 Canada\u2019s major financial institutions came together to figure out how they could provide shared cash dispensing to their customers. The result was Interac and Canada\u2019s first electronic payment network.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                1994                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-3\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-3\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Direct payments with Interac Debit<\/h3>\n                                <p>Debit cards were originally issued by banks so that their customers could withdraw money from their ABMs. In 1990 Interac launched a new pilot called Interac Direct Payments. Using the Interac network, this allowed Canadians to make purchases using the money in their bank account at point-of-sale. Few could have predicted that by the end of the 1990s Canadians would be highest users of debit cards in the world.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/Picture1.jpg.webp\" alt=\"\" width=\"300\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 300px; --smush-image-aspect-ratio: 300\/313;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/Picture1.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/Picture1-288x300.jpg.webp 288w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 300px) 100vw, 300px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2003                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Moving into electronic payments<\/h3>\n                                <p>One of the first products <a href=\"https:\/\/www.interac.ca\/en\/content\/news\/interac-association-and-acxsys-corporation-join-to-form-interac-corp\/\">Acxsys Corporation<\/a> developed and offered was a solution for peer-to-peer money movement. Based on the same principles of access and convenience as Interac<sup>\u00ae<\/sup> Debit, we introduced Interac e-Transfer<sup>\u00ae<\/sup>. Interac e-Transfer helped make Canada an important player in electronic money transfers well before the widespread adoption of other peer-to-peer methods.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_A89FBM-e1663869939155.jpg.webp\" alt=\"\" width=\"412\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 412px; --smush-image-aspect-ratio: 412\/555;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_A89FBM-e1663869939155.jpg.webp 412w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/INT001375-2_A89FBM-e1663869939155-223x300.jpg.webp 223w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 412px) 100vw, 412px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2004                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Interac Debit Cross-Border<\/h3>\n                                <p>Canadians travelling to the U.S. could finally enjoy cross-border spending with the convenience of Interac Debit. Thanks to our collaboration with NYCE terminals, approximately 2 million U.S. retailers now accept Interac Debit at checkout.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2007                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Stepping into online commerce<\/h3>\n                                <p>As e-commerce adoption grew, we wanted to give Canadians the same ability to pay with their own money online as in-store. This led to the launch of Interac Online, a way to pay online using your debit card.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023.jpg.webp\" alt=\"\" width=\"8032\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 8032px; --smush-image-aspect-ratio: 8032\/5357;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023.jpg.webp 8032w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023-768x512.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Debit_SMB_Foodtruck__July2023-1536x1024.jpg.webp 1536w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 8032px) 100vw, 8032px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2008                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>The power of the chip<\/h3>\n                                <p>Ushering in the move from swiping your debit card, the EMVCo, LLC Chip was a big leap in Interac Debit technology, making it even safer to pay with your own money.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2010                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Payments in a flash<\/h3>\n                                <p>To make payments quicker and more convenient we introduced Interac Flash. Now referred to as Interac Debit contactless payments, it was a way to pay with just a tap. By the next year we would roll out Interac Flash to thousands of retail, QSR and other storefronts across Canada.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                                                    <div class=\"small-4 timeline-image timeline-quote\">\n                                <blockquote class=\"wp-block-quote\">\n                                    <p>Our new corporate structure will allow us to better invest in our innovation pipeline and potential, while continuing to provide the essential payment services that millions of Canadians, thousands of businesses and hundreds of financial institutions rely on every day.<\/p>\n                                    <cite>Mark O\u2019Connell, Former President and CEO of Interac Corp. (2007-2023) <\/cite>\n                                <\/blockquote>\n                            <\/div>\n                            \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2014<br \/>2018                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Payments on your phone<\/h3>\n                                <p>Following on the heels of Interac Flash we were quick to move to mobile by making Interac available on smartphones. Using near-field-communication, Canadians could load their debit card into their favourite mobile wallet (and leave their physical wallets at home).<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2018                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>The power of one Interac.<\/h3>\n                                <p>More than 20 years after Interac was divided into two organizations, it was reunited again as Interac Corp. A governance structure was created to give the new Interac Corp. the ability to quickly anticipate changes in how Canadians want to access and exchange value \u2014 whether money, identity, or data.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935.jpg.webp\" alt=\"\" width=\"1356\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 1356px; --smush-image-aspect-ratio: 1356\/1366;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935.jpg.webp 1356w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935-298x300.jpg.webp 298w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935-1017x1024.jpg.webp 1017w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935-150x150.jpg.webp 150w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2022\/10\/EVERGREEN-OCTOBER-2021_19579_v2_Final03-e1663945471935-768x774.jpg.webp 768w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 1356px) 100vw, 1356px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2019                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Building digital access and verification capabilities<\/h3>\n                                <p>In the first Digital ID acquisition, Interac acquired 2Keys, a leader in creating secure experiences for Canadian governments, financial institutions, and businesses. This will help us launch new services to help Canadians simply and securely verify their identity.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2021                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Adding new digital access and verification services.<\/h3>\n                                <p>Complementing the capabilities provided by 2Keys, in 2021 we acquired the exclusive rights to SecureKey Technologies\u2019 digital ID services in Canada. In addition to payment products this now added the <em>Verified.Me<\/em> suite of digital identity solutions, to the Interac product portfolio.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/240625-Interac_Shot_49_4291_1MB_LR.jpg.webp\" alt=\"\" width=\"1400\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 1400px; --smush-image-aspect-ratio: 1400\/934;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/240625-Interac_Shot_49_4291_1MB_LR.jpg.webp 1400w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/240625-Interac_Shot_49_4291_1MB_LR-300x200.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/240625-Interac_Shot_49_4291_1MB_LR-1024x683.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/240625-Interac_Shot_49_4291_1MB_LR-768x512.jpg.webp 768w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 1400px) 100vw, 1400px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2021                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Building the new payment rails<\/h3>\n                                <p>A big step in modernizing our payment system, this new network will enable fast, data-rich account-to-account transactions \u2014 which in turn will help lead to faster, easier, more convenient transactions. We believe that when Canadians and businesses can pay and get paid instantly, cash flow will improve, operations will become more efficient, and customer interactions will be more seamless.<\/p>\n                            <\/div>\n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2021                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-2\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Interac e-Transfer for Business<\/h3>\n                                <p>Interac empowered businesses with an easy-to-use payment solution that streamlines the business\u2019 payment processes including paying multiple employees or vendors at once, offering higher transaction limits, and rich remittance data that can ultimately help businesses cut down on paperwork.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-scaled.jpg.webp\" alt=\"\" width=\"2560\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 2560px; --smush-image-aspect-ratio: 2560\/1920;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-scaled.jpg.webp 2560w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-300x225.jpg.webp 300w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-1024x768.jpg.webp 1024w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-768x576.jpg.webp 768w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-1536x1152.jpg.webp 1536w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Verified_Laptop_House_Female_Sept_22-2048x1536.jpg.webp 2048w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2023                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Interac Verified\u2122<\/h3>\n                                <p>Interac introduced Interac Verified, the official name for our verification business arm, recognizing our foray beyond payments and our mission to help Canadians securely engage in digital transactions. This suite of solutions included Interac verification service, Interac document verification service, and Interac sign-in service.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                                                    <div class=\"small-4 timeline-image timeline-quote\">\n                                <blockquote class=\"wp-block-quote\">\n                                    <p>We have a new three-year strategy for 2025 to 2027, with this promise as our guiding North Star: Interac will lead Canadians to digital prosperity.<\/p>\n                                    <cite>Jeremy Wilmot, President and CEO of Interac Corp. <\/cite>\n                                <\/blockquote>\n                            <\/div>\n                            \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                2023                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3>Interac announces Jeremy Wilmot as CEO<\/h3>\n                                <p>Jeremy Wilmot was announced as the company\u2019s new President and Chief Executive Officer and Director of the Board, joining August 1, 2023.   <\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <div class=\"small-12 milestone-block\">\n                <div class=\"grid-container\">\n                    <div class=\"grid-x\">\n                        \n                                                        <div class=\"small-4 timeline-image\">\n                                <img decoding=\"async\" data-src=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Company_History_The_Years_Ahead.png.webp\" alt=\"\" width=\"479\" class=\"smush-dimensions lazyload\" style=\"--smush-image-width: 479px; --smush-image-aspect-ratio: 479\/399;\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-srcset=\"https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Company_History_The_Years_Ahead.png.webp 479w, https:\/\/www.interac.ca\/wp-content\/smush-webp\/2019\/11\/Interac_Company_History_The_Years_Ahead-300x250.png.webp 300w\" data-sizes=\"auto\" data-original-sizes=\"(max-width: 479px) 100vw, 479px\" \/>\n                            <\/div>\n                                                        \n                        <div class=\"small-8\">\n                            <div class=\"grid-container\">\n                                <div class=\"grid-x\">\n                        \n                                                        <div class=\"cell small-2 text-right timeline-year\">\n                                The years ahead                            <\/div>\n                            <div class=\"cell small-2 timeline-line-year\">\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"timeline-circle circle-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\" viewBox=\"0 0 33 33\" style=\"enable-background:new 0 0 33 33;\" xml:space=\"preserve\">\n                                <style type=\"text\/css\">\n                                    .st1{fill:#F0B51C;}\n                                <\/style>\n                                <path class=\"st1\" d=\"M16.5,0C25.6,0,33,7.4,33,16.5S25.6,33,16.5,33S0,25.6,0,16.5S7.4,0,16.5,0z\"\/>\n                                <\/svg>\n                                <svg version=\"1.1\" preserveAspectRatio=\"none\" class=\"path timeline-line line-1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" x=\"0px\" y=\"0px\"\n                                     viewBox=\"0 0 6 6.7\" style=\"enable-background:new 0 0 6 6.7;\" xml:space=\"preserve\">\n                                \n                                <g stroke=\"#F0B51C\" stroke-width=\"0.1\" fill=\"none\">\n                                    <path class=\"st0\" d=\"M3.0,0.3v5.9\"\/>\n                                <\/g>\n                                <\/svg>\n                                \n                            <\/div>\n                            <div class=\"cell small-7 timeline-copy\">\n                                <h3><\/h3>\n                                <p>The Canadian economy is poised to leap forward and become a world leader in creating digital prosperity \u2014 and it\u2019s our goal at Interac to play a pivotal role in that transformation, by continuing to develop secure, resilient infrastructure in payments and digital verification that helps drives the Canadian economy forward.<\/p>\n                            <\/div>\n                                                            <\/div>\n                            <\/div>\n                        <\/div>\n                        \n                        \n                    <\/div>\n                <\/div>\n            <\/div>\n                        <i class=\"fa-light fa-chevron-down\"><\/i>\n                    <\/div>\n    <\/div>\n        \n<\/section>\n\n<div class=\"grid-container\"><div class=\"grid-x\">\n<p><\/p>\n<\/div><\/div>\n\n<div class=\"grid-container\"><div class=\"grid-x align-center\"><div class=\"small-12 medium-8\">\n<h2 class=\"wp-block-heading has-text-align-center center\" id=\"h-let-s-go-faster-forward-together\">Let&#8217;s go faster forward together.<\/h2>\n<\/div><\/div><\/div>\n\n<div class=\"grid-container\"><div class=\"grid-x align-center\"><div class=\"small-12 medium-8\">\n<p class=\"has-text-align-center center\">As we mark our 40th anniversary, explore the possibilities of the exciting digital future Interac is helping to build.<\/p>\n<\/div><\/div><\/div>\n\n\n<section id=\"button-ochre-block_600539b08cc6448ea7e4983b4f6c59fc\" class=\"button-link\">\n    <div class=\"grid-container\">\n        \n                        <div class=\"grid-x grid-padding-x align-center\">\n                        \n            <a href=\"https:\/\/www.interac.ca\/en\/company\/about\/faster-forward-together\/\" class=\"button-ochre\" aria-label=\"Let's go\">Let&#8217;s go<\/a>\n            \n                            <\/div>\n                    \n    <\/div>\n<\/section>\n\n\n\n\t<section id=\"single-cta-block_5f02a1ac9145314dddaddf0b530c31ba\" class=\"single-cta\" style=\"background-color: #f0b51c; margin-top: 100px; margin-bottom: 0px; padding-top: 240px; padding-bottom: 240px;\">\n\n\t<div class=\"overlay\">\n\t\t<div class=\"grid-container\">\n\t\t\t<div class=\"grid-x grid-padding-x align-middle align-center text-center\">\n\t\t\t\t\t\t\t\t\t<span class=\"jumbo-text\" style=\"color: rgba(255, 255, 255, 0.3);\"><\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"cell small-12 medium-6 large-5\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"block-title\" style=\"color: #222222;\">2023 Corporate Year in Review<\/h2>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"lead-text\">\n\t\t\t\t\t\t\t\t<p style=\"color: #222222;\">See how we are connecting Canadians to the digital economy.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"button-dark\" href=\"https:\/\/www.interac.ca\/en\/company\/about\/corporate-year-in-review\/\" aria-label=\"Read More\">Read More<\/a> \n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n    <section id=\"cta-columns-block_94df1ba8850ab181322cad8494819f14\" class=\"three-column-cta-light cta-columns\" style=\"margin-top: 135px; margin-bottom: 135px;\">\n    \n    <div class=\"grid-container large\"><div class=\" grid-x grid-margin-x align-center align-stretch text-center \">                <div class=\"cell left small-12 medium-12 large-4 cta-1\">\n                                                            <h2 class=\"block-title\">Join the team<\/h2>\n                    <p class=\"block-description\">Power your future with a career at\u202fInterac. Learn about open positions.\u202f <\/p>\n                                            <a class=\"inline-link --witharrow\" href=\"https:\/\/www.interac.ca\/en\/company\/careers\/careers-at-interac\/\" aria-label=\"Read More\"><span>Read More<\/span><\/a>\n                                    <\/div>\n                            <div class=\"cell left small-12 medium-12 large-4 cta-2\">\n                                                            <h2 class=\"block-title\">Need Help?<\/h2>\n                    <p class=\"block-description\">Find FAQs and other support here. Get the answers you need. <\/p>\n                                            <a class=\"inline-link --witharrow\" href=\"https:\/\/www.interac.ca\/en\/resources\/getting-help\/personal-faq\/\" aria-label=\"Read More\"><span>Read More<\/span><\/a>\n                                    <\/div>\n                            <div class=\"cell left small-12 medium-12 large-4 cta-3\">\n                                                            <h2 class=\"block-title\">Security is a Priority<\/h2>\n                    <p class=\"block-description\">Find out what we do to keep transactions secure \u2013 and what you should do, too.<\/p>\n                                            <a class=\"inline-link --witharrow\" href=\"https:\/\/www.interac.ca\/en\/payments\/personal\/protect-your-payments\/\" aria-label=\"Read More\"><span>Read More<\/span><\/a>\n                                    <\/div>\n            <\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>The story of Interac Since 1984, Interac has played an important role in bringing digital innovation into Canada\u2019s commerce \u2014 and Canadians\u2019 lives. We\u2019ve helped make it possible to withdraw cash anywhere in the country, send money in an instant, pay with your bank account through the tap of a phone, and digitally verify your&hellip;<\/p>\n","protected":false},"author":1,"featured_media":183874,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":true,"footnotes":""},"company_categories":[860],"class_list":["post-1214","company","type-company","status-publish","has-post-thumbnail","hentry","company_categories-about"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The history of Interac - Interac<\/title>\n<meta name=\"description\" content=\"Interac was once two separate organizations: Interac Association and Acxsys Corporation. Learn more about the origins of Interac.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interac.ca\/en\/company\/about\/our-history\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our History\" \/>\n<meta property=\"og:description\" content=\"Interac was once two separate organizations: Interac Association and Acxsys Corporation. 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