Interac e-Transfer is a Canadian online money transfer service that enables individuals to send and receive money electronically. The service is offered by Interac Corporation, a not-for-profit organization that operates the Interac network in Canada.
Interac e-Transfer allows users to send money directly from their bank account to another person’s bank account, using only an email address or mobile phone number. The service is available to customers of most major Canadian banks and credit unions. It is a quick, convenient and secure way to send money to friends and family, pay bills, or make online purchases. The service also offers the ability to track the status of the transfer and receive notifications when the money has been received. Additionally, the service offers the ability to cancel or refund the transfer if the money has not been picked up yet. Overall, Interac e-Transfer is a popular and widely used online money transfer service in Canada that offers flexibility, security and ease of use to its customers.