{"id":166015,"date":"2024-06-27T15:37:00","date_gmt":"2024-06-27T19:37:00","guid":{"rendered":"https:\/\/www.interac.ca\/?post_type=content&#038;p=166015"},"modified":"2025-09-22T13:18:09","modified_gmt":"2025-09-22T17:18:09","slug":"coast-capital-enhances-speed-and-reliability-of-digital-payments-with-direct-participation-in-the-interac-network","status":"publish","type":"content","link":"https:\/\/www.interac.ca\/en\/content\/news\/coast-capital-enhances-speed-and-reliability-of-digital-payments-with-direct-participation-in-the-interac-network\/","title":{"rendered":"Coast Capital enhances speed and reliability of digital payments with direct participation in the Interac\u00ae network"},"content":{"rendered":"\n<p>Surrey, BC \/ Toronto, ON &#8211; <strong>June 27, 2024<\/strong> &#8211; Coast Capital announced today that it is now directly connected to the Interac network and Interac e-Transfer<sup>\u00ae<\/sup> service, a move that enhances digital payment services for its nearly 600,000 members and delivers upon the financial cooperative\u2019s commitment to providing an exceptional member experience through digital innovation.<\/p>\n\n\n\n<p>\u201cAs currently one of only two credit unions directly connected to the Interac e-Transfer service, we are leading the sector in terms of continued technology evolution,\u201d says Jeff Wong, Coast Capital\u2019s Chief Digital, Information &amp; Technology Officer. \u201cThis significant milestone not only brings increased efficiency to our online and mobile banking experience but also offers increased opportunity to unlock financial opportunities for our members through further digital enhancements within the Interac roadmap,\u201d<\/p>\n\n\n\n<p>\u201cWe are excited about the opportunity to partner more closely with Coast Capital as a direct connector to the Interac e-Transfer service,\u201d said Glenn Wolff, Chief Client Officer, Interac Corp. \u201cInterac connects Canadians to the digital economy in meaningful ways. Our goal is to enable a more accessible and secure digital economy for all Canadians, and credit unions are an important part of that effort.\u201d<\/p>\n\n\n\n<p>\u201cOur members provided feedback and we heard them,\u201d said Nancy McNeill, Coast Capital\u2019s Senior Vice President of Operations and Transformation Lead. \u201cWe recognize the ways our members bank are changing and there\u2019s increasing consumer demand for digital experience excellence.\u201d<\/p>\n\n\n\n<p>Since 1984, Interac has played an important role in developing Canada\u2019s digital payment infrastructure. Currently, over 300 financial institutions participate in Interac\u2019s networks with 20M transactions occurring each day with Interac products.<\/p>\n\n\n\n<p><strong>About Coast Capital<\/strong><\/p>\n\n\n\n<p>At Coast Capital, we\u2019re not dreaming about a better future, we\u2019re building one. We\u2019re a member-owned financial cooperative with a more than 80-year legacy of unlocking financial opportunities that positively impact people and communities. We believe that every Canadian deserves a financial partner who actually cares how things turn out. Driven by our social purpose, we look at everything we do through the lens of how we can help our nearly 600,000 members, our employees, and communities. We\u2019re proud to be a Certified B Corporation\u2122, ranked in the platinum category of the 2022 Corporate Knight\u2019s Social Purpose Ranking and part of a global movement building a more inclusive, equitable and regenerative economic system. We\u2019re deeply committed to making our financial cooperative a great place to work as demonstrated by some of our accolades. Coast Capital is a platinum member of Canada\u2019s Best Managed Companies and one of Canada\u2019s Most Admired Corporate Cultures. To learn more, visit us online at coastcapitalsavings.com.<\/p>\n\n\n\n<p><strong>About Interac Corp.<\/strong><\/p>\n\n\n\n<p>Interac empowers Canadians to transact digitally with confidence by providing payment and value exchange services. In helping to develop the future of money and data in Canada, security is the core of everything we do. We help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products over 20 million times a day on average to exchange money. Interac champions workplace culture, community, and corporate citizenship. We are proud to be one of\u202fCanada\u2019s\u202fleading and most trusted financial brands.<\/p>\n\n\n\n<p><sup>Interac and Interac e-Transfer are registered trademarks of Interac Corp. Used under license.<\/sup><\/p>\n\n\n\n<p>Interac Corp., 416-869-2017,&nbsp;media@interac.ca<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surrey, BC \/ Toronto, ON &#8211; June 27, 2024 &#8211; Coast Capital announced today that it is now directly connected to the Interac network and Interac e-Transfer\u00ae service, a move that enhances digital payment services for its nearly 600,000 members and delivers upon the financial cooperative\u2019s commitment to providing an exceptional member experience through digital&hellip;<\/p>\n","protected":false},"author":8,"featured_media":166016,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"content-tags":[272,283],"content-category":[193],"spokespeople":[829],"in_the_know_post_format":[173],"class_list":["post-166015","content","type-content","status-publish","format-standard","has-post-thumbnail","hentry","content-tags-interac-e-transfer","content-tags-payments","content-category-news","spokespeople-glenn-wolff","in_the_know_post_format-press-release"],"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>Coast Capital Joins Interac to Boost Digital Payments - Interac<\/title>\n<meta name=\"description\" content=\"Coast Capital joins the Interac network directly, boosting the speed, reliability, and security of digital payments for its members.\" \/>\n<meta name=\"robots\" content=\"index, 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