Buying crypto with Interac e-Transfer®

Overview

Interac e-Transfer® is a trusted payment system backed by Canadian banks that lets you buy crypto directly from your bank account. It’s MoonPay’s primary Canadian Dollar (CAD) payment method, offering a quick, secure, and familiar experience.

Key benefits

• Fast: Most transactions are confirmed within 30 minutes
• Secure: You complete the payment directly through your own bank;s app or online banking
• Familiar: Works with over 250 Canadian financial institutions
• Convenient: No need to enter card details or share credentials with MoonPay

How to use Interac e-Transfer®

Log in to your MoonPay account and click Buy.

Enter the amount of crypto you’d like to purchase, then select Continue.

Under Pay With, choose Interac.

You’ll be securely redirected to choose your Canadian bank in a new window.

You’ll be redirected to complete your payment through your bank’s app or online banking

Approve the Interac e-Transfer from your bank account. Once approved, you’ll be redirected back to MoonPay automatically.

Once your payment is confirmed (typically within 30 minutes), your crypto will be delivered to your wallet.

Tip: Complete your Interac e-Transfer within 30 minutes to avoid payment expiry.

What’s not supported

• Sell transactions (withdrawals)
• Credit or debit card transactions
• Recurring payments
• International users (Canada only)

FAQs

What type of payment is Interac?
It’s a bank transfer processed through the Interac e-Transfer system.

Which banks and institutions support Interac?
Interac partners with over 250 Canadian financial institutions. You can view the full list here.

How do I know if my bank supports Interac?
Most major Canadian banks support Interac. To be sure, please contact your bank directly to confirm before making a payment.

What currency can I use with Interac?
Interac is only available in Canadian Dollars (CAD).

How long does an Interac payment take?
Depending on your bank it may take up to 30 minutes.

Are there limits on how much I can transfer?
Yes. Limits are set by your bank and usually capped by your daily Interac e-Transfer limit in addition to your MoonPay Account’s limits. You can read more about your MoonPay Account’s limits here.

Are there any fees?
MoonPay’s standard buy fees apply. You can view a full breakdown of our current fees here.

Can I use a joint or business bank account for payments?
No. We recommend using a personal account only. Joint accounts may block third-party payments, and business accounts are not supported.

Does MoonPay have access to my banking information when using Interac?
No. You log in directly through your bank’s app or online banking to complete the payment - MoonPay never handles your credentials.

Can I use Interac to sell crypto?
Not yet. Interac is currently available only for Buy transactions.