The days of paying fees for e-Transfers are over. Starting today, you can send payments via Interac for free, directly through Venn.
New Feature Launch: Send payments via Interac for Free with Venn

We’re excited to announce the launch of Interac e-Transfer payments on Venn! Starting today, you can send payments via Interac directly from our platform— for FREE! A feature many of you have been asking for.
Over the past year, we’ve made it easy for you to load funds into your Venn account using Interac, but now we’re taking things a step further. This new capability gives Canadian businesses even greater flexibility in how you manage and make your payments
Why We Built This Feature
We’ve heard from many of you, especially small business owners, that while wire and local transfers work well, you often prefer the simplicity and convenience of Interac. The problem with the banks is that they charge for Interac e-transfers, whereas now you can do it for free, within the platform you already use.
What’s in It for You?
The Interac e-Transfer payment option complements the existing tools you already rely on, like local transfers (EFT, ACH, SEPA) and international wires. Now, you’ll have even more ways to send payments, right at your fingertips. Here’s what you can expect:
- Cost Savings: No e-transfer fees unlike the banks
- Ease of Use: Seamlessly integrates with your existing Venn workflows
- Flexibility: Choose the payment method that works best for your business
Get Started Today
The new Interac e-Transfer payment feature is now available to all Venn business account holders. When you make a payment, you’ll see it as an option!

Ready to see it in action? Check out the video below!
About Venn
We’re transforming the financial landscape for Canadian businesses with our all-in-one digital banking platform. From multi-currency accounts and global bank transfers to automated accounting and corporate cards, we’re here to help you manage your entire financial operations with ease—and without the high fees.
Frequently asked questions
Everything you need to know about the product and billing.
Venn is the cheapest and easiest way to manage your business banking needs. We offer the best currency exchange rates in Canada, chequing accounts in multiple currencies, domestic and international bank transfers, and a corporate Mastercard to manage all your spend. By signing up to Venn you automatically get:
- Accounts in Canadian dollars, US dollars, British pounds, and Euros
- The cheapest FX rates in Canada with free domestic transfers (EFT, ACH, SEPA, FPS)
- A Mastercard Corporate card that gets you the same great FX rates and cashback with no minimum spend requirements
No, we don’t have any hidden fees! All charges, including currency conversion and premium plans, are clear and transparent. You can even issue unlimited corporate cards to your team and sign up with a free plan in minutes! Learn more about our transparent Pricing.
Nope! Other companies and traditional bank accounts have high minimum balance requirements. This makes accounts inaccessible for small businesses or individuals. Venn does not require a minimum balance.
Our process is quick — Customers typically get set up in 5 minutes or less! Create a free account and start saving with no monthly fees, cashback on card spend, and the best FX rates around.
Of course! Our friendly Support specialists are available via Chat or Email 24 hours a day, 7 days a week, 365 days a year. All tickets are monitored and responded to within 24 hours, with an average response time of 30 minutes.
Yes, we have a direct integration with QBO and Xero. We are working on more integrations very soon!
Join 4,000+ businesses banking with Venn today
Streamline your business banking and save on your spend and transfers today
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