Interac

Interac is a Canadian secure electronic payment network that enables individuals and businesses to transfer funds, pay bills, and make purchases directly from their bank accounts. It facilitates Interac Debit transactions at point-of-sale terminals and Interac e-Transfer for person-to-person payments via email or mobile. Using Interac, users can access their funds quickly and securely without cash or credit cards, making everyday banking more convenient, efficient, and safe within Canada.