Interac makes e-transfers worse

In early September I got an email from my credit union: Effective October 2026, Interac will be discontinuing its future-dated and recurring e-Transfer payment options. While we explored ways to maintain these features, they will no longer be available in online banking or the mobile app due to Interac’s decision to discontinue the service. What’s Changing? Effective September 3, 2026 You will no longer be able to create new future-dated and recurring e-Transfers. These features will no longer appear in online banking and the mobile app. Between September 3 and October 25, 2026 If you have set up future-dated or recurring e-Transfers before September 3, they will continue to be processed as scheduled through October 25, 2026. After that date, Interac will no longer process these transfers. Effective October 25, 2026 Future-dated and recurring e-Transfers will be fully discontinued. Any existing future-dated or recurring e-Transfers that remain active will no longer be processed and…

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