Payment methods in Canada

Interac Debit allows Canadians to pay for groceries, gas, transit and other purchases using a debit card or digital wallet on a smartphone. The card can be added to Apple Pay or Google Pay and used for in-app or in-browser purchases Flow: Customer authorizes debit from bank via online banking or mobile wallet (Apple/Google Pay). Confirmation is real-time.

Interac e-Transfer enables individuals and businesses to send and receive money directly between Canadian bank accounts. Transfers are fast and secure, with features like Autodeposit and Request Money; some banks also enable international transfers via partner banks

Apple's digital wallet enables easy, secure and private transactions in stores, apps and on the web. It uses device-embedded security features and tokenization; Apple does not store card numbers or transaction details Flow: User taps Apple Pay button, selects card in native sheet, authenticates via Face ID/Touch ID, result returns instantly. Tokenized PAN sent to gateway for authorization.

PayPal is widely used for online purchases in Greenland, particularly for cross-border e-commerce where local payment options are limited. Flow: User selects PayPal, a modal or redirect opens. User logs in, confirms funding source, reviews details, authorizes. Control returns to merchant with approved or declined status.

Google's mobile wallet allows users to save card details once for seamless checkout, tap to pay in stores, and click to pay online. It encrypts payment details and offers built-in authentication and fraud protection Flow: User chooses Google Pay, native sheet shows saved cards. User confirms, tokenized credentials are returned to merchant/gateway for authorization.

BNPL services such as Afterpay and Klarna are growing in Canada, giving shoppers the option to split purchases into instalments. They currently represent a small share of payment volumes but are expanding alongside digital wallets