Interac Banking Page

Interac In recent years, e-wallets and other similar services have become very popular. To keep up with today’s fast-paced and hectic lifestyles, financial institutions and startups have begun offering innovative, easy-to-use payment services. Payment has never been so easy, whether with online wallets or debit cards online or through terminals.

The online gaming industry has certainly followed this trend …

… and against the background of the general growth of the online casino market, players gradually got used to the idea of ​​online payments when making deposits on the site of their choice to play their favorite slots or table games.

There are many ways to send and receive money online, as well as deposit and withdraw funds from online casinos. Credit and debit cards, e-wallets, cryptocurrencies – with the help of these funds, players can manage their money, replenish the balance of the game account and withdraw their winnings.

One of the oldest payment systems in Canada …

… this is Interac. Interac was founded in 1984 and is essentially a Canadian debit card system. The company began as a non-profit association with another commercial company, Acxsys. However, in 2018, the two brands merged into a commercial entity called Interac Corporation, which today includes more than 80 financial institutions.

Unsurprisingly, the service has been around for so long and has become so popular: it offers many different services, from classic debit cards to online payment with a bank account, as well as more modern services such as mobile payments and integration with Apple, Google and Samsung payment services.

About Interac

Interact is a Canadian financial institution that brings together many different banks, working together since 1984 to build and maintain a network of ATMs and POS terminals that allow customers to shop, pay and withdraw money in an easy and secure way.

In addition to classic debit card transactions, the company also offers modern e-commerce solutions such as mobile payments, integration with mobile applications (such as Google Pay) and electronic transfers that only require an email address.

Interac is one of Canada’s leading payment services …

… On average, 16 million times a day, customers choose this system for payment and exchange transactions. The company has been in existence for over 30 years and has been helping to ensure secure financial transactions by developing innovative and convenient solutions for debit and money transfer.

The company is also a leader in fraud prevention and has one of the lowest fraud rates in the world.

Interac Corp, (a legal entity that appeared as a result of the merger of the Interac Association and Acxsys in 2018) now includes more than 80 financial institutions, and among the shareholders of the concern are banks, credit organizations, associations, payment systems and trade enterprises.