Vogogo Secures an Integration for Interac Online Enabling Instant Payment Acceptance

Payment Processing specialist Vogogo Inc. announced a signed agreement that will provide its customers access to the Interac Online payment network.

Interac Online is a transfer and payment service made available to Canadians who bank online with Canada’s largest banks: BMO, Scotiabank, TD Canada Trust and RBC Royal Bank. It has recently gained traction as a popular method of making fiat payments in Canada. This integration adds Interac Online as an option in Vogogo’s suite of fiat payment services providing additional flexibility and convenience in the overall service offering.

Vogogo anticipates the release of the Interac Online option to take place during Q4 2014 and expects to leverage the agreement for Interac acceptance as it expands throughout Europe where similar bank-authenticated payment systems are prevalent.

Vogogo CEO Geoff Gordon said of the announcement, “We are very happy to secure the Interac Online fiat payment method. Historically, this service did not play a large role in our strategy but we are focused on emerging markets and they often change quickly. We take great pride in our ability to adjust and efficiently meet our client’s business needs. This agreement not only enhances our current offering but it also plays a role in how we effectively execute our expansion strategy throughout North America and Europe in the coming months.”

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