Thursday, 22 May 2014
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Smart2PayTM, the company with the world's largest coverage of online alternative payment solutions, has recently increased its payment offering to Merchants on existing markets for Canada by adding INTERAC® Online to its payment methods portfolio.

INTERAC® Online is a payment solution which allows consumers to pay for goods and services online, directly from their own bank account in real time, with the utmost security and confidence (74% of Canadians prefer to use their online banking - not credit cards).

Using INTERAC® Online you will offer to your customers:

  • Privacy: none of your customers financial details, card numbers or login information are shared;
  • Ease of use: because the payment is conducted through online banking, the customers don't need to sign up or create any new passwords or accounts;
  • Security: the payment is completed through the financial institution the customers know and trust;
  • No authentication costs: financial institutions authenticate your customers and withdraw the funds from their account in real time.

Any consumer who uses online banking at any of the following financial institutions: BMO Bank of Montreal, RBC Royal Bank, Scotiabank, and TD Canada Trust can use the INTERAC© Online payment method. That represents about 9.5 million Canadians today, and that number is rapidly increasing.

Cristina Macuc, product manager of Smart2PayTM: We are pleased to announce that the payment options offered by Smart2PayTM have increased again, and using these options our Merchants will be able to again increase their conversion together with Smart2PayTM. Furthermore, this simply reinforces Smart2PayTM’s strong commitment and focus on expanding its payment portfolio, on a continuous basis, throughout the globe.

About Smart2PayTM

Smart2PayTM is offering local payment services to international Merchants since 2002, covering more than 70 countries worldwide! By adding local payment methods to your ecommerce site, you will boost your sales significantly, by offering the preferred local method of payment to your Customers!


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