Interac

Interac calls for a time-limited, government-led exercise, convened by the Department of Finance, to align the major payments reforms already underway. Canada is making its most consequential payments-policy decisions in a generation — before settling on what it wants the payments ecosystem to deliver, or which capabilities should remain domestically owned and operated for the decade ahead.

Most Canadians never think about what happens when they tap to pay. The money moves, the coffee is handed over, and the moment dissolves into the rhythm of the day. That simplicity rests on something easy to take for granted: a domestic payment network, built over 40-plus years, that moves money securely and keeps core financial infrastructure in Canadian hands. Consider the alternative.

Integration expands access and supports the evolution of Canada’s digital payments ecosystem TORONTO, July 16, 2026 — Interac Corp. (Interac) announced today that Shakepay Inc. (Shakepay), a leading Montreal-based fintech, has joined the Interac e-Transfer® service as a Participant. For Shakepay, the move is part of a deliberate evolution from a crypto-focused experience into a regulated Canadian financial platform built to support everyday money movement.

Getting on a bus should be simple. But for a tourist arriving by ferry, a skier hopping between villages, or a first-time rider without exact change, it usually requires a little extra planning. So BC Transit, one of Canada’s largest public transit providers, is changing lanes by rolling out open payments across more than 30 transit systems to make it easier for riders to travel throughout British Columbia.

What’s it really like to intern at Interac? From day one, our interns are embedded in real work, from collaborating across teams, building meaningful skills, and gaining hands-on experience that helps shape their careers. To bring this experience to life, we sat down with five of our summer interns to hear, in their own words, what surprised them most, what they’ve learned, and what advice they’d share with future candidates.

As Canadians continue to build their lives and businesses for a digital economy that moves quickly (and around the clock), financial institutions and fintechs are under growing pressure to adapt with tools that can keep pace.

From the premium of living solo to the tension of shopping for two, new research reveals how household dynamics shape grocery spending across Canada TORONTO, ON – June 16, 2026 – Shopping for one? The new State of the Cart grocery spending survey from Interac Corp. (Interac) finds that Canadians living alone – the most common household type in the country1 – are feeling the pressure of rising costs.

Trust is often described as invisible infrastructure — we rely on it constantly, and often only notice it when it breaks. Global cooperation has historically rested on shared assumptions: That rules would be honoured, institutions respected, and long‑standing partnerships grounded in mutual trust would endure. Today, those foundations are being challenged in ways few could have foreseen even a few years ago.

As commerce becomes increasingly digital, automated, and global, the way money moves must evolve alongside it. Payments are no longer confined to checkout moments or business hours. Today, payments are increasingly embedded into platforms and software and beginning to support automated, always‑on workflows. For more than 40 years, Interac has played a central role in connecting Canadians to trusted payment experiences at national scale.

Expanding fast, more flexible checkout experiences to Canadian businesses Toronto, ON – June 2, 2026 – Moneris Solutions Corporation (“Moneris”), a leader in Canadian commerce solutions, today announced expanded enablement of Konek™, a Canadian payment solution offering shoppers more choice, convenience and control in how they pay.