In one of the most innovative developments of its day, several Canadian banks joined forces some 30 years ago to create the single shared Interac network. Reaching across the country, the Interac network overhauled the payment system and gave consumers instant access to their cash from thousands of ABMs. From this starting point grew Interac Debit and Interac e-Transfer, forever changing the way Canadians handled their day-to-day transactions.
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