Interac Debit

pmt_interac_debit
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Interac Debit connects Canadian bank accounts to debit purchases at merchants and supported transit systems. Customers use physical cards or eligible mobile-wallet credentials to approve spending from available funds, with the domestic scheme providing a route for retail purchases.

Use cases:
Initiation:
Users
27M
Markets
1
TPV
$19B
Transactions
602M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Standards