Interac Debit for In-App and In-Browser Payments with Apple Pay and Google Pay is now widely available in Canada.
Canadians already use Interac Debit on Apple Pay or Google Pay for in-store purchases at hundreds of thousands of merchants across the country. This move expands the e-Commerce footprint so Canadians can easily and securely spend their money when making mobile payments within apps and websites.
The service was championed by ATB, Canada's Credit Unions, Coast Capital, Desjardins, and National Bank, as well as acquirer Moneris, over the last year. Scotiabank and Tangerine are now join the list of participants, along with acquirer Everlink, offering e-Commerce solutions to the Canadian market.
Interac Debit cardholders from these financial institutions can make in-app and in-browser purchases from participating merchants, including SkipTheDishes, foodora, Second Cup, Shell Canada, Maison Simons and MTY Group (Bon-App.co), among others.
"In an increasingly digital world, Canadian consumers and businesses alike are looking for seamless customer experiences," says Nader Henin, AVP, Commerce at Interac. "As we see a rapid shift towards mobile commerce and the growing demand for online shopping, broader acceptance of Interac Debit on Apple Pay or Google Pay with merchants across Canada means greater choice for Canadians to pay whenever and however they want and stay in control of their money."
Retail mobile commerce spend in Canada is expected to reach $16 billion by the end of 2019, according to a May 2019 eMarketer Report, and is forecasted to reach $30 billion by 2023, representing 35% of all retail eCommerce sales.