New questions will be posted on our wall each week until the contest ends on July 11th, giving you multiple chances to show off yourInterac IQ. Every question answered correctly means a ballot for a chance to win 1 of 3 $1,000 Interac e-Transfers. You can also get extra ballots by sharing with us the different ways you have used Interac e-Transfer.
Think you have the speed and the smarts? Take the 2-Minute Challenge here.
Interac e-Transfer - the quick, easy and secure alternative to cheques and cash.
- It's a simple, convenient, and secure way to send and receive money directly from one bank account to another.
- All you need is access to online or mobile banking through a participating financial institution, and you can send money to anyone with an email address or mobile phone number and a bank account in Canada — without sharing any personal or financial information.
- There's no need to set up a new account; and funds are available immediately.
- Notification is by email or text - no need for stamps or mailboxes!
View a demo to see how Interac e-Transfers work here.
The Interac e-Transfer service is currently available to customers of over 25 banks and credit unions including BMO Bank ofMontreal, CIBC, President's Choice Financial, RBC Royal Bank, Scotiabank and TD Canada Trust among others. Central 1, through participating credit unions, offers the option of sending Interac e-Transfers using mobile phone numbers. More information about the Interac e-Transfer service and a complete list of participating banks and credit unions can be found here.
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About Interac Association
A recognized world leader in debit card services, Interac Association is responsible for the development and operations of theInterac network, a national payment network that allows Canadians to access their money through 59,000 Automated Banking Machines and 727,000 point-of-sale terminals across Canada.
Interac Association was founded in 1984 and is comprised of a diverse membership that includes banks, trust companies, credit unions, caisses populaires, merchants, and technology and payment related companies. Other related services offered by Acxsys Corporation, whose shareholders are the architects of the Interac network, include: Interac Online, for secure online payments made directly from a bank account; Interac e-Transfer, for the transfer of money from one person's bank account to another person's bank account using an email address or mobile phone number *; and international services, which provide Canadian cardholders with point-of-sale access at nearly 2 million U.S. retailers, and PULSE, Discover, Diners Club International and UnionPay cardholders access to ABMs in Canada.
* The Interac e-Transfer service is currently available to customers of over 25 banks and credit unions including BMO Bank ofMontreal, CIBC, President's Choice Financial, RBC Royal Bank, Scotiabank and TD Canada Trust among others. Central 1, through participating credit unions, offers the option of sending Interac e-Transfers using mobile phone numbers. More information about the Interac e-Transfer service and a complete list of participating banks and credit unions can be found here.
