Interac is a leading Canadian payments and digital information exchange provider that has been using innovation to make life and business more seamless since 1984. The company connects nearly 300 financial institutions and enterprises to enable secure electronic financial transactions across Canada. Interac facilitates over 20 million transactions daily, with more than 6.5 billion Interac Debit transactions and 1.4 billion Interac e-Transfer transactions processed in 2024 alone.
With a vision to lead Canadians to digital prosperity, Interac empowers individuals and businesses to stay in control of their money through trusted services like Interac Debit, Interac e-Transfer, and Interac Verified. As the backbone of Canada's financial ecosystem, Interac has achieved near-universal adoption with 88% of Canadians having used Interac e-Transfer. Beyond payments, the company is pioneering digital verification and authentication solutions that enable convenient and secure access to online services, while maintaining an unwavering commitment to security, fraud prevention, and protecting the digital interactions that power everyday life.