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Interac

Index Interac

Interac is a Canadian interbank network that links financial institutions and other enterprises for the purpose of exchanging electronic financial transactions. [1]

42 relations: Acxsys, ATM usage fees, Australia, Automated teller machine, Bank of Montreal, Canada, Canadian Imperial Bank of Commerce, Cash, Cirrus (interbank network), Competition Bureau (Canada), Debit card, Desjardins Group, EFTPOS, EMV, Financial institution, Financial transaction, Germany, Giropay, IDEAL, Interac e-Transfer, Interbank network, Mastercard, Netherlands, New Zealand, Nonprofit organization, NYCE, Online Banking ePayments, Personal identification number, Plus (interbank network), Royal Bank of Canada, Royal Bank Plaza, Scotiabank, Smart card, TD Canada Trust, The Globe and Mail, Toronto, Toronto–Dominion Bank, United Kingdom, United States, Visa Debit, Visa Inc., White-label ABMs.

Acxsys

Acxsys Corporation was a Canadian company involved in banking, based in Toronto, Ontario.

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ATM usage fees

ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs).

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Australia

Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands.

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Automated teller machine

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

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Bank of Montreal

The Bank of Montreal, operating as BMO Financial Group, is a Canadian multinational banking and financial services corporation.

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Canada

Canada is a country located in the northern part of North America.

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Canadian Imperial Bank of Commerce

The Canadian Imperial Bank of Commerce (Banque Canadienne Impériale de Commerce), commonly referred to as CIBC, is one of the Big Five banks in Canada.

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Cash

In economics, cash is money in the physical form of currency, such as banknotes and coins.

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Cirrus (interbank network)

Cirrus (stylized as cirrus) is a worldwide ATM network.

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Competition Bureau (Canada)

The Competition Bureau (Bureau de la concurrence) is an independent Canadian law enforcement agency that ensures that businesses operate in a competitive, innovative manner.

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Debit card

A debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases.

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Desjardins Group

The Desjardins Group (Mouvement des caisses Desjardins) is the largest association of credit unions in North America, and is counted among the World's Strongest Banks according to the Banker magazine.

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EFTPOS

Electronic funds transfer at point of sale (EFTPOS) is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals located at points of sale.

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EMV

EMV is a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them.

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Financial institution

Financial institutions, otherwise known as banking institutions, are corporations which provide services as intermediaries of financial markets.

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Financial transaction

A financial transaction is an agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment.

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Germany

Germany (Deutschland), officially the Federal Republic of Germany (Bundesrepublik Deutschland), is a sovereign state in central-western Europe.

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Giropay

Giropay is an Internet payment System in Germany, based on online banking.

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IDEAL

iDEAL is an e-commerce payment system used in the Netherlands, based on online banking.

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Interac e-Transfer

Interac e-Transfer (formerly Interac Email Money Transfer) is a funds transfer service between personal and business accounts at participating Canadian banks and other financial institutions, offered through Interac Corporation.

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Interbank network

An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.

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Mastercard

Mastercard Incorporated (stylized as MasterCard from 1979 to 2016 and mastercard since 2016) is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York, United States.

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Netherlands

The Netherlands (Nederland), often referred to as Holland, is a country located mostly in Western Europe with a population of seventeen million.

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New Zealand

New Zealand (Aotearoa) is a sovereign island country in the southwestern Pacific Ocean.

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Nonprofit organization

A non-profit organization (NPO), also known as a non-business entity or non-profit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view.

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NYCE

The New York Currency Exchange (NYCE) is an interbank network connecting the ATMs of various financial institutions in the United States and Canada.

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Online Banking ePayments

Online Banking ePayments (OBeP) is a type of payments network, developed by the banking industry in conjunction with technology providers, specifically designed to address the unique requirements of payments made via the Internet.

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Personal identification number

A personal identification number (PIN, pronounced "pin"; is often spoken out loud "PIN number" by mistake) is a numeric or alpha-numeric password or code used in the process of authenticating or identifying a user to a system and system to a user.

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Plus (interbank network)

Plus System, Inc. (also known as Visa Plus or simply Plus) is a Denver-based ATM network that provides cash to Visa cardholders.

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Royal Bank of Canada

The Royal Bank of Canada (RBC) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization.

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Royal Bank Plaza

Royal Bank Plaza is a skyscraper in Toronto, Ontario, Canada that serves as the de facto operational headquarters of the Royal Bank of Canada.

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Scotiabank

The Bank of Nova Scotia (La Banque de Nouvelle-Écosse), operating as Scotiabank (Banque Scotia), is a Canadian multinational bank.

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Smart card

A smart card, chip card, or integrated circuit card (ICC), is any pocket-sized card that has embedded integrated circuits.

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TD Canada Trust

TD Canada Trust (doing business as simply TD) is the personal, small business and commercial banking operation of the Toronto-Dominion Bank (TD) in Canada.

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The Globe and Mail

The Globe and Mail is a Canadian newspaper printed in five cities in western and central Canada.

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Toronto

Toronto is the capital city of the province of Ontario and the largest city in Canada by population, with 2,731,571 residents in 2016.

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Toronto–Dominion Bank

The Toronto–Dominion Bank (Banque Toronto–Dominion) is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Visa Debit

Visa Debit is a major brand of debit card issued by Visa in many countries around the world.

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Visa Inc.

Visa Inc. (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States.

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White-label ABMs

White-label ABMs provide alternative source of cash dispensing vis-à-vis traditional automatic banking machines (ABMs) from banks.

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Redirects here:

@INTERAC, Interac Association, Interac Direct Payment, Interac Online.

References

[1] https://en.wikipedia.org/wiki/Interac

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