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.