Canadian-owned

Is Interac Canadian?

Q: Is Interac Canadian?

Yes — Interac Association was established in 1984 as a cooperative venture among Canada's major financial institutions to link ABM networks; Interac Debit point-of-sale launched in 1994. Interac Corp. was formed in 2018 by mer.

Yes

Listed as Canadian-owned; registry confirmation still pending.

What we found

Interac Association was established in 1984 as a cooperative venture among Canada's major financial institutions to link ABM networks; Interac Debit point-of-sale launched in 1994. Interac Corp. was formed in 2018 by mer.

The receipt

Verdict	Canadian-owned
Category	debit payment network and e-transfer services
HQ	Toronto, ON
Confidence	high
Evidence	Secondary source only
Source	http://www.thecanadianencyclopedia.ca/en/article/interac-association/ secondary source — registry check pending “Interac is Canada's leading payment brand and the country's only domestically run, coast-to-coast debit payment network, with two organizations behind it: Interac Association and Acxsys Corporation.” Verdicts are only marked verified once a government registry record or corporate filing confirms them.

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