{"id":12595,"date":"2018-02-22T09:48:26","date_gmt":"2018-02-22T09:48:26","guid":{"rendered":"https:\/\/projecthermes.wpengine.com\/etransferstats\/"},"modified":"2023-06-06T13:41:53","modified_gmt":"2023-06-06T17:41:53","slug":"etransferstats","status":"publish","type":"post","link":"https:\/\/innovation.interac.ca\/fr\/etransferstats\/","title":{"rendered":"INTERAC e-Transfer\u00ae breaks records in 2017"},"content":{"rendered":"

Interac<\/em> e-Transfer hit record usage in 2017, facilitating more than 241 million transactions, worth a total of more than $92 billion. The increasing reliance on the platform shows how essential the real-time payment service is to Canadians and Canadian businesses.<\/p>\n

Three-quarters of online banking users in Canada are registered to use the service, and it sees more than 7.4 million unique active users each month.<\/strong><\/p>\n

The data shows that Interac<\/em> e-Transfer has been embraced as a convenient alternative to cash or cheque, one that Canadians use more than any other digital P2P service. Seeing Interac<\/em> e-Transfer used at record levels strengthens Canada\u2019s position to deliver a faster, more modernized payments system domestically and around the world.<\/p>\n

Autodeposit and Request Money<\/h2>\n

In 2017, Interac<\/em> e-Transfer introduced two new features, Autodeposit and Request Money<\/a>. Users who register for Autodeposit can receive money directly into their bank account without the need for a security question. Request Money allows users to use online or mobile banking to easily request funds owed from anyone in Canada.<\/p>\n

Business Payments<\/h2>\n

It\u2019s not just about P2P payments. Approximately one in six Interac<\/em> e-Transfer transactions are conducted by a business. To a business owner, the ability to immediately request, send and receive money from anyone in Canada, and to easily send and settle invoices simplifies accounting processes. Businesses choose the Interac<\/em> e-Transfer service because it is easy to use and eliminates reliance on cheques, allows for invoices to be settled in real time, offers easily trackable data, and ultimately reduces costs.<\/p>\n

Stats at a glance:<\/p>\n

    \n
  • The Interac<\/em> e-Transfer service is used on average over 660,000 times a day.<\/li>\n
  • The average Interac<\/em> e-Transfer value is $382 with 62% of all transactions under $200 and 47% under $100.<\/li>\n
  • The average Interac<\/em> e-Transfer user sends three or more transactions per month.<\/li>\n
  • 76% of Interac<\/em> e-Transfer transactions are deposited on a mobile device.<\/li>\n<\/ul>\n

    Interac<\/em> e-Transfer is a registered trade-mark of Interac Corp.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    Interac e-Transfer hit record usage in 2017, facilitating more than 241 million transactions, worth a total of more than $92 billion. The increasing reliance on the platform shows how essential the real-time payment service is to Canadians and Canadian businesses. Three-quarters of online banking users in Canada are registered to use the service, and it…<\/p>\n","protected":false},"author":2,"featured_media":12042,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[163,160],"tags":[88],"posts_format":[112],"class_list":["post-12595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-paiements","category-virement-interac","tag-nouvelles","posts_format-article-fr"],"acf":[],"yoast_head":"\nInnovation Hub - INTERAC e-Transfer\u00ae breaks records in 2017<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/innovation.interac.ca\/fr\/etransferstats\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INTERAC e-Transfer\u00ae breaks records in 2017\" \/>\n<meta property=\"og:description\" content=\"Interac e-Transfer hit record usage in 2017, facilitating more than 241 million transactions, worth a total of more than $92 billion. 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