Interac Verification Service, by Interac Corp., is a new Canadian service to help verify your identity, so you can get things done fast online, in person and on the phone(1). Interac verification service helps verify your identity quickly and securely from any web browser, iOS or Android smartphone, by facilitating the sharing of personal information that you consent to share from your Connections to trusted network participants. The Interac verification service is protected with strong security protocols to protect personal information from being identified, accessed or misused by unauthorized parties. Interac verification service uses blockchain technology to securely and privately transfer your personal information from Connections you've added to your profile to trusted network participants, giving you easy access to the services you want, when you want them.
(1) Some features are not yet available.
How Interac® Verification Service can help you:
1. Save time
No need to compile documents or go in person to register for services or products. With Interac® Verification service, you can use personal information you have already provided to other trusted Connections, like your financial institution, to quickly get access to services and products you need.
2. Secure and private
Interac® Verification service uses strong security protocols to protect personal information from being identified, accessed or misused. Interac® Verification service has no access to the credentials you use to log in to your financial institution.
3. Reduce oversharing information about yourself!
Conveniently manage where, when and why your information is shared through the Interac® Verification service — only ever with the participating trusted network participants you choose.
4. You’re in control.
You'll be asked to provide consent for every transaction.
5. It’s free
You don’t have to pay for downloading or using Interac verification service. *Standard message and data rates from your wireless carrier may apply.
For more information and Frequently Asked Questions visit https://www.td.com/ca/en/personal-banking/solutions/ways-to-bank/identity-verification/
