Interac

Toronto, Canada Founded: 1984 • Age: 42 yrs
Canadas national debit payment network is operated by Interac.

About Interac

Interac is a company based in Toronto (Canada) founded in 1984. Interac has completed 1 acquisition, including 2Keys. Interac offers products and services including Interac Debit, Interac e-Transfer, and Interac Direct. Interac operates in a competitive market with competitors including Visa, Mastercard, Ficanex and Olive, among others.

Key Metrics

Products & Services of Interac

Interac offers a comprehensive portfolio of products and services, including Interac Debit, Interac e-Transfer, and Interac Direct.

Interac Debit
Payment Service

Enables secure debit transactions for everyday purchases.

Interac e-Transfer
Money Transfer

Facilitates fast and secure online money sending and receiving.

Interac Direct
Online Payment

Allows card-free payments directly from bank accounts.

Apps and channels of Interac

its YouTube channel Interac has 14.4K subscribers and 30 videos.

Interac
YouTube 14.4K subscribers 30 videos Autos & Vehicles
Open channel

Videos from Interac

The most watched videos on Interac's YouTube channel, Interac (14.4K subscribers). Click a video to play it here.

Be Unshakeable
338.8K views
Inébranlables
75.9K views
How to Send Money with Interac e-Transfer
11K views
Comment envoyer de l’argent avec Virement Interac
4.6K views

More on Interac.

People of Interac

257 people are tracked at Interac (75 in leadership, 182 in team).

NameRoleGroup
Anuj Dhall
Group Head & CTO InteracLeadership
Claudiu Farcau
Director, Business Solutions - Payments Modernization, Real Time Payments, Open BankingLeadership
Jeff Weingarten
Director (lead), Business Management, CCOLeadership
Charlie Trainor
Head, Product, Real Time RailLeadership
Inna Gelmanova
Leader, Financial Planning & Analysis/director, FinanceLeadership
Izabela Nanushi
Product Director, Interac VerifiedLeadership
Shibah Gill
Head, Total RewardsLeadership
Rae Ratna
Talent Acquisition Business PartnerLeadership
Tina Kalsi
Director, Client Relationships - Credit UnionsLeadership
Sudha Dwivedi
Chief People And Culture OfficerLeadership
Adeel Syed
Head/vice President Product- Digital Wallets & Mobile Commerce (konek)Leadership
Fatema Pirone
Product Executive │ Head Of Interac VerifiedLeadership
Dana Cioffi
Head Organizational DevelopmentLeadership
Palash Thakur
Vp, Head Of Data Analytics & Fraud (cdo)Leadership
Nicole Andrews
Talent Acquisition Business PartnerLeadership
D Alwan
Sr. Director - Product (interac Verified)Leadership
Lauren Mostowyk
Head, Integrated Marketing & CommunicationsLeadership
Kris Zanuldin
Head, KonekLeadership
Jeremy Wilmot
President And CEOLeadership
Mario Falvo
Chief Financial & Risk OfficerLeadership

237 more people are available in the full profile.

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Complete people profiles for Interac

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Investments & Acquisitions by Interac

Interac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 2Keys.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of security analytics platform
2keys.caToronto, Canada1998Nov 2019••••
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Complete acquisition details for Interac

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  • Exports

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Timeline of Interac

2 dated milestones of Interac across 35 years, from founding to its latest funding, stage changes and deals.

  1. Founded Interac is founded.
  2. Acquisition Acquires 2Keys.

Competitors of Interac

Interac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Visa, Mastercard, Ficanex and Olive, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
visa.com1958San Francisco, United States–28,800
Digital payment solutions are offered to individuals and businesses.
mastercard.com1966Purchase, United States$9M341
Global payments are processed via card network connections.
ficanex.ca2000Oakville, Canada––
Network of ATMs
olive.app2018Vancouver, Canada$4M–
Technology evaluation is facilitated via a web-based platform.
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Detailed competitors of Interac

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
  • Benchmarks
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Web traffic of Interac

The website of Interac (interac.ca) receives about 28.7M visits a month and ranks #1,873 among all websites worldwide, #110 in Banking Credit and Lending.

  • Monthly visits
    28.7M

    ▼ 12.2% vs previous month

  • Unique visitors
    7.9M

    per month

  • Global rank
    #1,873

    among all websites

  • Category rank
    #110

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with Interac. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cibc.com
100%
22.6M#1,742View details
rbcroyalbank.com
83%
22.1M#3,396View details
td.com
82%
43.2M#717View details
bmo.com
81%
25.2M#1,494View details
ctfs.com
77%
680.7K#13,066View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Interac

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  • 40 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Latest news on Interac

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Complete news archive for Interac

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Interac

10 companies that operate in the same segment as Interac (Payments & Remittance Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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Frequently Asked Questions about Interac

Interac was founded in 1984.

Interac is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Interac is a Canadian National card network service provider. It is responsible for the development and operations of the Interac network, a national payment network that allows Canadians to access their money at ABMs through the Interac Cash service and at point-of-sale terminals across Canada through the Interac Debit service. Interac Debit also includes Interac Flash, a secure contactless enhancement that allows Canadians to pay for items instantly by holding their cards at point-of-sale readers that support Interac Flash. It also offers a secure money transfer service between accounts in the financial institutions in the network, a hosted payment gateway page to merchants which enable direct debit from the Interac partnered financial institutions. Enables secure transactions through Tokenization.

Interac's top competitors include Visa, Mastercard and Olive.

Interac offers Interac Debit, Interac e-Transfer, and Interac Direct.

Interac has made 1 acquisition, including 2Keys.

The website of Interac receives about 28.7 million visits a month and ranks #1,873 among all websites worldwide.

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