Blog|Faster Payments

INTERAC e-Transfer® volumes reached record levels in 2016

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Canadian consumers and businesses are using the Interac e-Transfer service at record levels with more than 158 million transfers made over the platform in 2016. This volume is up almost 50 per cent from the previous year’s 105 million transfers, according to data released today. The total value of Interac e-Transfer transactions also reached a new high, with more than $63 billion transferred in 2016, representing an average transaction of $408.

[button link=”http://interac.ca/en/interac-e-transfer-volumes-2016.html”] Read the press release[/button]

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