Interac plans digital payment solutions in Canada with Azure

December 10 2021

Interac Corp. announced a new agreement with Microsoft to use Azure to develop secure digital payment solutions for the Canadian market.

The company has seen substantial growth in e-payments during the pandemic, totaling over one billion transactions since April, 2020. In fact, e-payments made up 79% of all transactions in Canada in 2020.

Interac plans to use Azure to support hybrid cloud and on-prem private cloud.

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