Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Interac Corp. launched Konek, a new digital payment system for Canadians using bank accounts or cards, initially at Staples.ca via five major banks.

flag Interac Corp. has launched Konek, a new digital payment system enabling Canadians to pay directly from bank accounts or via debit/credit cards. flag Initially available to customers of five major Canadian banks—BMO, National Bank of Canada, RBC, Scotiabank, and TD—through Staples.ca, Konek uses Interac Direct to reduce merchant fees and cart abandonment. flag Developed with Canadian financial institutions, it offers a secure, domestic alternative to global payment platforms, supporting greater payment flexibility and strengthening Canada’s digital payments infrastructure. flag Rollout is gradual, with broader access expected later.

5 Articles

Further Reading