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by anothermoron 1063 days ago
Wow, as a Canadian I always thought that Interact was international.
1 comments

Same, until I went to the US where nothing is standardized and somehow there's private companies worth billions that cover this precise use case. It's actually mind blowing.

The single banking system of Canada is a massive win in this regards

Interac is also a for-profit corporation. It's just owned by an association of banks. Zelle would be the equivalent in the US.