A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge in instant payment capabilities across the globe, as announcements focus on bringing faster payments...
Interac has acquired the exclusive Canadian rights to use Vouchr’s engagement platform. This platform allows users to send and receive personalized multimedia notifications along with money transfers, and the deal will enable multimedia Interac e-Transfer notifications that can be customized by Canadian consumers and businesses, the companies said...
Market disruptions, innovations and collaborations will continue to challenge traditional payment methods, Interac AVP Anurag Kar writes in the new PYMNTS eBook, “2023 Payments New Year’s Resolutions.” The payments industry has undergone a tremendous digital revolution amid rapidly shifting consumer expectations and market demand in...
Public transit is still reeling from pandemic impacts that left trains and buses mostly empty in 2020 and 2021. Recently, there’s been a push by transit authorities to consider open-loop payment systems that accept the rider’s preferred payment method, encouraging commuters or visitors to simply...
May 14, 2025
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge in instant payment capabilities across the globe, as announcements focus on bringing faster payments to new use cases for consumers and businesses. The moves […]
February 16, 2023
Market disruptions, innovations and collaborations will continue to challenge traditional payment methods, Interac AVP Anurag Kar writes in the new PYMNTS eBook, “2023 Payments New Year’s Resolutions.” The payments industry...
November 30, 2022
Public transit is still reeling from pandemic impacts that left trains and buses mostly empty in 2020 and 2021. Recently, there’s been a push by transit authorities to consider open-loop...
June 30, 2022
Real-time payments are coming to Canada in 2023 as the country’s Real Time Rail (RTR) scheme gets switched on for a nation that’s been making good use of instant electronic transfers...
October 23, 2025
Payments processor Finix is integrating with Canadian payments provider Interac. The integration with Interac Debit brings in-store payments to Canadian merchants on the Finix platform, part of the company’s rapid expansion of its payment offerings in Canada, the companies said in a Thursday (Oct. 23) news release. The release noted the essential nature of in-store […]
April 16, 2024
Interac has acquired the exclusive Canadian rights to use Vouchr’s engagement platform. This platform allows users to send and receive personalized multimedia notifications along with money transfers, and the deal will enable...
July 11, 2022
Toronto-based online payment service Interac is adding a network provider following an outage at Rogers Communications last week that prevented millions of Canadians from making online payments. “We are adding...
May 31, 2022
Canadian payment and value exchange service provider Interac said it has reached a “money movement milestone,” with customers using its e-Transfer service making more than 1 billion yearly transactions. As...
