In Canada, Interac is more than just a payment method, it’s the backbone of the country’s digital financial ecosystem. From everyday purchases to online gaming and eCommerce, Interac enables Canadians to move money quickly, securely, and reliably. Nearly nine in 10 Canadians use Interac e-Transfers, and contactless payments via mobile devices continue to surge, reflecting its deep integration into consumer behaviour.
In Canada, digital payments are rapidly growing, with contactless Interac payments alone rising 53% year-over-year between August 2022 and July 2023, totaling over one billion transactions. This reflects a broader trend: Canadians are increasingly choosing secure, instant, and user-friendly payment methods over traditional channels. For merchants, meeting these preferences is critical to staying competitive.
For merchants targeting the Canadian market, offering Interac is essential. Local payment methods drive higher conversion rates, stronger customer engagement, and increased lifetime value by making the checkout experience seamless and relevant for users. Yet integrating Interac securely and efficiently can be challenging, particularly for businesses operating in complex or cross-border environments.
This is where Paysecure comes in. Our platform enables merchants to integrate Interac to process transactions with speed, security, and compliance, while also providing the broader orchestration capabilities needed to manage global payment flows, optimise approvals, and gain actionable insights through advanced dashboards and reporting.
Paysecure’s support for Interac transactions
Paysecure enables merchants to accept Interac payments quickly, securely, and efficiently:
- Seamless integration: Our platform handles all Interac flows—both “Request Money” and “Send Money”, so merchants don’t need to manage separate banking connections.
- Fast processing: Deposits and withdrawals are confirmed in seconds, with optional biometric authentication for speed and security.
- Advanced security: Paysecure’s PCI DSS-compliant platform monitors transactions across 50+ parameters and employs encryption, regulatory compliance checks, and risk mitigation measures.
- User Trust Score: Our proprietary scoring system evaluates user profiles, transaction history, device fingerprints, and more to allow higher transaction levels for trusted users while mitigating fraud and chargebacks.
- 24/7 support: Our team guides merchants through integration, updates, and troubleshooting, ensuring a smooth experience from day one.
By integrating Interac through Paysecure, businesses can ensure that Canadian customers experience a fast, reliable, and secure payment journey while merchants mitigate operational and security risks.
Orchestration beyond Interac
While our Interac integration addresses local payment needs, Paysecure’s broader orchestration platform empowers merchants to manage complex payment ecosystems globally:
- Global connectivity: Access over 500 PSPs, acquirers, and 200+ payment methods worldwide.
- Smart routing: Route transactions intelligently to maximize approvals, reduce costs, and optimize conversion.
- Data intelligence: Gain insights into customer behavior, transaction patterns, and payment performance through rich dashboards and analytical reporting.
- Customer segmentation: Make data-driven decisions to tailor payment experiences, offer dynamic limits, or prioritize trusted users for higher-value transactions.
- End-to-end visibility: Monitor every stage of the payment journey for operational efficiency and fraud mitigation.
This orchestration layer ensures that merchants are not only equipped to process Interac payments locally but are also prepared to scale across multiple markets, currencies, and payment types while making informed business decisions based on actionable data.
Delivering the very best payment journey for your target market
Integrating local payment methods like Interac is no longer optional, it’s a necessity for merchants aiming to maximise conversion, trust, and lifetime value in Canada. With Paysecure, businesses combine local expertise with global orchestration capabilities, ensuring that every payment, whether domestic or international, is secure, efficient, and optimised for growth.
Canada’s growing digital payments ecosystem rewards merchants who offer local convenience with global reach. By supporting Interac through Paysecure, businesses gain the trust of Canadian consumers, streamline operations, and unlock new opportunities for expansion.
Contact our team today to learn how Paysecure can help you integrate Interac and other local payment methods, while streamlining your global payments strategy.
