Interac stories
Canadian QuickBooks Online and Xero users can now process supplier and expense payments in one workflow, after beta users handled more than USD $2 million.
Canadian merchants will gain a lower-cost bank-based checkout option as Global Payments broadens payments choice across thousands of sites nationwide.
Canadians juggling travel and overseas payments may get lower-fee, everyday banking-style services as Wise adds chequing and local transfers.
Canadian merchants can now take bank-based payments at checkout, cutting card fees and reconciliation work while speeding settlement.
As Canada's payments system grows more complex, hybrid access is emerging as a way to cut costs and ease compliance burdens.
Canadian businesses will get tougher digital onboarding defences as the phased rollout targets deepfakes, spoofed video and device tampering by Q3 2026.
Fraud fears in Canada’s online classifieds may ease as buyers and sellers on Kijiji can now verify their identities before trading.
Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.
AI-boosted scams piggybacking on tariff and cost-of-living fears are eroding Canadians' trust in everyday digital messages, Interac warns.
Staples Canada is the first national retailer to offer Interac KONEK, a secure Canadian eCommerce payment option supported by Moneris and major banks.
Interac has opened its e-Transfer network to more PSPs registered under Canada's new Retail Payment Activities Act, broadening access and innovation in digital payments.
Interac appoints Anuj Dhall as Group Head, Technology & Operations to lead tech modernisation and enhance secure digital payments in Canada.
Avast acquires digital identity provider SecureKey Technologies to simplify consumer access to online services.
