Interac e-Transfer

Interac e-Transfer
FormerlyInterac Email Money Transfer
IndustryFunds transfers
Founded2003
Headquarters
Canada
ParentInterac Corporation
Websiteinterac.ca/en/interac-e-transfer-consumer

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

From inception until early 2018, the service was provided by Acxsys, a for-profit consortium backed by most of the major partners of the nonprofit Interac Association, and using the Interac brand under licence. In February 2018, the activities of both organizations were combined into a single for-profit organization under the Interac name.[1]

  1. ^ Bradshaw, James (5 February 2018). "Major revamp gives Interac a chance to compete against rivals". The Globe and Mail. Retrieved 25 February 2018.