Interac acquires rights to Vouchr platform, enabling multimedia in e-transfers

Money Transfers News

Interac acquires rights to Vouchr platform, enabling multimedia in e-transfers
InteracThe Canadian PressVouchr Ltd.
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TORONTO — Interac Corp. says it is acquiring the exclusive Canadian rights to use Toronto-based Vouchr Ltd.'s platform, which will allow personalized...

TORONTO — Interac Corp. says it is acquiring the exclusive Canadian rights to use Toronto-based Vouchr Ltd. 's platform, which will allow personalized multimedia messages to be sent alongside money transfers .

Anurag Kar, head of product for Interac e-Transfer, says examples of customization when sending money could include e-cards, videos and GIFs embedded within the transfer.Interac says the transaction is part of its strategy to invest in the Canadian fintech ecosystem after also acquiring Ottawa-based digital security firm 2Keys in 2019.

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Interac The Canadian Press Vouchr Ltd. Canadian Rights Interac E-Transfer

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