Company Information

Get to know Interac

Founded in 1984 as the Interac Association and later restructured as Interac Corp. in 2018, the company is a Canadian payments organization that operates the national debit card system and provides a suite of electronic payment and value exchange services. Its core services include *Interac* Debit for point-of-sale purchases, *Interac* e-Transfer for person-to-person money transfers, and *Interac* Online for secure online payments directly from a bank account. Interac's mission is to provide a secure, reliable, and efficient payment system for Canadians, connecting financial institutions, merchants, and consumers across the country.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

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Interac

Canada

Founded in

1984 (42 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.