Interac e-Transfer

Interac e-Transfer is a bank transfer payment method accessed via an online or mobile banking front-end.

It allows customers to send or request money to anyone with an e-mail address or mobile phone number and a bank account in Canada, without sharing any personal financial information.

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Type Bank transfer
Company behind LPM Interac Association and Acxsys Corporation
Market share details Around 21 m users (57% of the Canadian population) have registered for Interac e-Transfer. More than one million such payments are made daily.
Market relevance High
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