Your Business. Secure Payments. Our Priority.
Secure payments that protect your revenue, your customers, and your reputation.
When your payments are protected, so is your business
Whether you’re paying suppliers, receiving customer payments or managing payroll, every Interac transaction is backed by advanced security technology and trusted Canadian banking practices. We work with your financial institution to help protect your business from fraud — so you can focus on growth, not risk.
Need help with a transaction?
If you suspect fraud, contact your financial institution directly.
How Interac Works to Protect Your Business Payments
- Interac® Debit
- Interac e-Transfer®
- Interac Direct® via KONEK™
Interac Debit
Built-in protection
with every sale
From in-store purchases to online checkouts, Interac Debit transactions are protected by multiple layers of security — helping safeguard your business and your customers.
Key protections include:
Tokenization
The Interac network verifies phone-based transactions — both in person and online — using security “tokens” that protect customers’ sensitive data from being intercepted.
Spending limits
Per transaction and cumulative spending limits for contactless transactions, as set by your financial institution, help make sure the rightful person is tapping to pay.
Real-time payment confirmation
Funds are moved in real time from the customer’s account, reducing the risk of insufficient funds or accepting fraudulent transactions.
No sensitive account numbers shared
The number on the front of a debit card is only an identifier, not an account number, helping protect customer privacy and reduce your compliance burden.
EMV® Chip Technology*
Provides anti-fraud protection for your business by encrypting and verifying each transaction in real time, while helping prevent the creation of counterfeit cards.
No chargebacks
Interac Debit transfers funds instantly from customers’ accounts to yours using a “good funds” model — which means there’s no risk of chargebacks.
Interac e-Transfer for Business
Enhanced security for high‑volume and high value payments
Built for the needs of organizations that handle larger or more frequent transactions, Interac e‑Transfer for Business adds advanced features like higher transaction limits and rich remittance data — all with the same bank-grade security Canadians trust.
Security features include:
ISO 20022 payment messaging
Standardized, structured data fields reduce errors and make it easier to reconcile payments.
Higher transaction limits
Send and receive larger payments (up to $25,000) without compromising on bank-grade security protections.1
Commercial banking platform security
Accessed through your financial institution’s business platform, incorporating everyday protections like multi‑factor authentication and strong passwords.
Immediate funds availability
Payments are deposited in near real‑time, reducing fraud risk and improving cash flow compared to slower payment methods like cheques.
Real‑time fraud detection
Transactions are routinely analyzed for unusual patterns, with suspicious payments flagged quickly and effectively.
Encryption in every transaction
End‑to‑end encryption protects sensitive payment information.
Flexible routing for added protection
Send funds directly to a recipient’s account, bypassing email/SMS and removing the need for a security question.
Interac Direct via KONEK
A secure card-free way for customers to pay online
With Interac Direct, exclusively available with the KONEK e‑commerce payment solution, your customers can pay online directly from an eligible bank account2 — including chequing, savings and lines of credit and credit or debit cards — without having to enter their card details on your website. It’s a convenient and secure (not to mention 100 per cent Canadian) way to pay.
Security measures include:
Secure bank-to-bank payments
Funds move directly from the customer’s financial institution account using secure online banking authentication and payment consent processes.
Sensitive account details stay private
Your business never accesses the customer’s banking information, which helps protect their data while reducing your compliance burden.
Tokenization for data protection
Sensitive account numbers are replaced with randomized, one‑time‑use “tokens,” so only the data needed to complete the purchase is shared.
Best Practices for Businesses
Security is a shared responsibility.
Here’s how your business can help reduce payment fraud risk:
Verify payment requests to make sure you’re dealing with the right person or organization before sending funds.
Use the Interac e-Transfer Autodeposit feature to help avoid phishing scams.
Keep POS systems, e‑commerce platforms, and business devices updated.
Train staff to recognize suspicious emails and payment requests.
Reconcile accounts regularly to spot unusual activity early.
Protect your bottom line
Visit our Fraud Tips & Tricks page and learn how to stay ahead of payment fraud.
Your security is our business.
For more than 40 years, Interac has been your partner in helping protect your payment transactions.
Stay aware, check trusted sources for information, and report fraud.
Need Help?
Contact your bank or credit union if there’s an issue with a current transaction. (If there’s an issue with your terminal, contact your acquirer.) For usage tips and other common questions, visit our FAQs.
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1Sending limits will vary by participant and accounts within each participant.
2Merchants have the ability to choose what forms of payment they accept through KONEK.
*EMV is a trademark of EMVCo. LLC, used under licence