Working at Interac | Glassdoor

Interac Overview

Toronto, ON (Canada)
201 to 500 employees
1984
Company - Private
Financial Transaction Processing
Unknown / Non-Applicable
Unknown
Interac® branded products and services are currently offered by Interac Association and Acxsys Corporation, which together operate an economical, world-class debit system. With broad-based acceptance, 24/7 reliability, security and efficiency, Interac ... Read more

Interac Reviews

4.4
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Recommend to a friend
Approve of CEO
Interac CEO and President Mark O Connell
Mark O Connell
15 Ratings
  • "Solid, with Room for Growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager,
    Current Employee - Senior Manager,
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Interac full-time (More than 3 years)

    Pros

    - Overall recognizes the need to evolve and is proactive about changing its image.
    - Flat organization, if you are social, you can win people's trust and advance quickly
    - Great benefits
    - Great office location

    Cons

    - The culture is too laid back.
    - There is a lot of "approval by committee" for major and trivial decisions.
    - Some of the old timer need to go and allow for new thinking
    - Lots of weak performers just coast because they have been around for a long time, some departments have redundant jobs and nothing to do all day

    Advice to Management

    It's hard to sell a hope and change agenda with no fundamental change in leadership, people don't just wake up one and lead differently.
    focus more on development, and promote smart people. Raise the bar with your hiring - we can getting better than middle manager from big 5 banks

See All 26 Reviews

Interac Photos

Interac photo of: Pride and Remembrance Run 2017🏳️‍🌈
Interac photo of: Team Interac at #ToughMudder, 2018
Interac photo of: #InteracLife
Interac photo of: We're growing! Celebrating the launch of our new floor.
Interac photo of: Opening of the Interac Lab, a research and development outpost at Communitech
Interac photo of: 23rd Annual Pride and Remembrance Run
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Interac Interviews

Experience

Experience
78%
0%
22%

Getting an Interview

Getting an Interview
89%
11%

Difficulty

2.7
Average

Difficulty

Hard
Average
Easy
  1.  

    Analyst Interview

    Anonymous Employee in Toronto, ON (Canada)
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 4 weeks. I interviewed at Interac (Toronto, ON (Canada)).

    Interview

    I had no issues with the hiring process, it was pretty seamless and fast. I applied online and had a phone screen with a recruiter two weeks later. Then an interview was scheduled a few days later with the hiring manager and then I went back in to meet with a VP and HR the next week. The interview questions were pretty standard, nothing too crazy. Everyone I interviewed with was very nice and it was a great experience from beginning to end. I accepted the offer.

    Interview Questions

See All 9 Interviews

Interac Awards & Accolades

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