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The advent of the internet has yielded some of the most convenient, effective, and safe ways for consumers and businesses to exchange funds. A few years ago, online credit card payment was the most popular method used across the board. These days, the growth of payment methods such as e-wallets and Interac can be seen in the world of online shopping, travel, and other entertainment niches like gambling. The ease, and safety, of using e-wallets have quickly turned the credit card into an antiquated method that many customers are sure to never return to.
Interac
Interac was created in 1984 and is a Canadian FSP (financial services provider) that has been designed to cater to the specific needs of the Canadian consumer. Interac has enjoyed ongoing success in the country, with 8 out of 10 Canadians stating that they have made use of the payment method before. The company has grown significantly since its advent and now offers a vast range of services such as Interac Cash, Interac Debit