Interac e-Transfer® payouts allow merchants to transfer money to any consumer with an email address and a bank account in Canada. The best part is that the merchant only needs the customer’s email address or mobile phone number to send the payment, without having to collect any personal financial information from the user.
Interac® allows businesses to send funds to their customers in real-time. This process is secure, fast and efficient, which in turn increases the customers’ loyalty. Here are just a few features to highlight the benefit of this solution: