Interac e-Transfersolutions for business

A transformative way to simplify and streamline business payments.

Enhance your business with Interac e-Transfer®

With Interac e-Transfer Business Payment Services, requesting, or making, multiple payments, managing invoices and reconciling finances becomes streamlined and easy. Funds are transferred in real-time giving you or your recipient immediate access to funds. Offering more choices to your customers and vendors alike, Interac e-Transfer Business Payment Services save you time and money. We work with Canada’s financial institutions to make your money work for you.

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Inexpensive

Our digital options are less expensive and more convenient than cash or cheques.

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Widely available

Interac e-Transfer is available in almost every bank’s online or mobile environments.

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Low fraud

Interac Services has among the lowest fraud rates in the world.

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Modernized payment

Interac Services has been pioneering the way Canadians pay for over 30 years.

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Committed to continued innovation

Interac Services has a history of innovation, including the recently-launched Interac e-Transfer features: “Request Money” and "Autodeposit".

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Control cash flow

Our good funds model means funds are immediately sent after a payment, giving your business more control of its finances.

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Streamline Your Accounting Process

Using Interac e-Transfer Business Payment Services turns your accounting systems into a powerhouse of financial efficiency. You’ll be able to:

  • Send money simply and quickly: all you need is the payee’s mobile number or email address.
  • Add essential data like an invoice number and due date for easier data tracking.
  • Schedule transactions and money requests, whether they are recurring or future-dated.
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Get paid quickly with Request Money

Easily request money you are owed with the Interac e-Transfer Request Money feature including the option of adding an invoice number and due date with certain financial institutions.

How to request money instantly:
  • Log in to your financial institution’s online or mobile banking and go to Interac e-Transfer Request Money.
  • Enter the amount and select where you would like the funds to be deposited.
  • Once your request has been fulfilled, funds will be directly deposited into your bank account and you will be notified immediately.

Request Money is available through these participating financial institutions:
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Autodeposit puts money right into your account

The new Autodeposit feature allows you to have money sent via Interac e-Transfer automatically deposited directly into your bank account without having to answer a security question for every transaction.

How to set-up Autodeposit:
  • Log in to your financial institution’s online or mobile banking and go to Autodeposit.
  • Register your e-mail address and link your account. Any transfers to the registered email address will be automatically deposited into the account.
  • You will receive an email to confirm your registration. Check your inbox and click “Complete Registration”.
Autodeposit is available through these participating financial institutions:
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Pay multiple recipients all at once conveniently and securely with Bulk Disbursements

Interac e-Transfer Bulk Disbursement is a streamlined, secure, and cost-efficient way to send bulk payments in a single file upload, without the need for recipients’ banking information. Recipients can receive immediate payments anytime, anywhere through online or mobile banking.

How it works:
  • Create a bulk disbursement file that includes the payment amounts and the recipients’ email address or mobile phone number and send it to your financial institution.
  • Your financial institution will process the payment file and an Interac e-Transfer notification will be sent to each recipient on your behalf.
  • Once a notification is received, funds can be deposited immediately to their bank account through online or mobile banking.
  • Your business will receive regular reconciliation reports.
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Peace of mind from one of the most secure money transfer services.

When you send money using Interac e-Transfer, your money never actually travels by email or text message – only notifications and deposit instructions do. Your financial institution and the recipient’s financial institution transfer your funds using established and secure banking procedures. Interac e-Transfer users are protected with multiple layers of security, making the service one of the most secure money transfer services globally:

How it works:
  • Authentication and transaction encryption.
  • Financial institution authentication.
  • Proprietary risk management.
Bulk Disbursement is offered by these participating financial institutions:
Accelerate your growth with Interac e-Transfer

Interac e-Transfer is available through over 250 participating financial institutions across Canada. To ensure that yours is one of them, simply start typing below.