{"id":2841606,"url":"https://alion.io/job/interac-payments-product-intern","title":"Payments Product intern","company":{"id":3854,"name":"Interac","domain":"interac.ca","url":"https://alion.io/company/interac","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":75,"open_postings":7,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":null,"computed_at":"2026-10-19T05:45:15Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"intern","employment_type":"internship","work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Toronto, Canada"],"countries":["CA"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":35000,"max_usd":63000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":76},"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Power BI","optional":false},{"name":"SQL","optional":false},{"name":"Tableau","optional":false}],"status":"live","first_seen_at":"2026-10-14T00:00:00Z","employer_posted_date":"2026-10-14","last_verified_at":"2026-10-19T14:10:55Z","board_verified":true,"closed_at":null,"days_open":5,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":5},"description":"Who We Are:\nEvery transaction matters. Every Canadian matters. At Interac, we protect both - driving trust, security, and inclusion, so our digital economy thrives. \nFounded in 1984, Interac connects Canadians through secure digital payments, advanced identity verification and industry-leading fraud protection. Connecting banks, businesses, and individuals, Interac enables millions to send, receive, and manage money safely and effortlessly every day - across both digital and physical environments.\nAs the backbone of Canada’s financial ecosystem, Interac facilitates over 20 million transactions daily, supported by trusted partnerships with government and financial institutions. Consistently ranked as Canada’s most reputable financial technology brand, Interac is deeply embedded in the daily lives of Canadians.\nWho You Will Work With:\nWe are looking for a Payments Product Intern to join our team and gain hands-on experience in building and improving products that impact our customers. This internship offers an opportunity to collaborate with cross-functional teams, define product strategies, and contribute to the product development lifecycle. If you're passionate about technology, problem-solving, and customer experience, this role is for you!\nWhat You Will Do:\nSupport Product Managers in delivering payments initiatives (debit, digital payments, or network-related features)\nAssist in gathering, documenting, and structuring business requirements from internal and external stakeholders\nConduct basic analysis of payment transaction data, user behaviour, and merchant/category trends\nSupport product economics / pricing analysis, including reviewing cost, revenue, interchange, and unit economics impacts of product or feature decisions\nPrepare materials for stakeholder meetings, including presentations, briefing notes, and status updates\nSupport end-to-end product documentation (flows, requirements, process maps, and journeys)\nTrack project actions, dependencies, and timelines across cross-functional teams\nParticipate in meetings and capture key decisions, actions, and follow-ups\nWhat You Bring:\nCurrently enrolled in an undergraduate University program in the following fields: Business, Finance, Economics, Engineering, or related field)\nStrong analytical skills with proficiency in Excel and ability to interpret data\nStrong written communication skills with ability to synthesize complex information clearly and concisely\nHigh attention to detail and strong organizational skills\nAbility to manage multiple tasks in a fast-paced, cross-functional environment\nStrong collaboration and stakeholder engagement skills\nProficiency in PowerPoint, with experience building presentations for executive audiences\nExposure to payments, banking, fintech, or financial services (coursework, co-op, or internship experience)\nBasic understanding of payments concepts (e.g., authorization, clearing & settlement, tokenization, interchange)\nFamiliarity with SQL or data visualization tools (e.g., Tableau, Power BI)\nInterest in product management or financial services as a career path\nAlthough not required, you have some familiarity or previous experience with the following:\nSupporting market and competitor research in payments, fintech, or digital commerce\nAssisting in testing, validation, or documentation of new features or pilot programs\nCoordinating light cross-functional activities across Product, Technology, Legal, Risk, and Operations\nWhat We’re Offering:\nThe hourly pay rate for this position is $25, and the internship term runs from January to April 2027. The exact amount will depend on factors such as skills, experience, and job-related knowledge. An internship opportunity at Interac also features:\nFlexible hybrid work model with monthly intern socials for better work-life balance\nConvenient downtown Toronto office located minutes away from Union Station\nInterac learning bootcamp designed to help you hit the ground running\nWhy Join Us?\nAt Interac, the impact we make, and the people who drive it, is profound. When you become part of our team, you’re joining a purpose-driven organization that’s shaping the future of digital finance in Canada. Here’s what you can expect:\nInvesting in the Future - Help us unlock digital prosperity for all Canadians.\n\nInnovative Thinking - Collaborate on products, practices, and platforms that redefine what’s possible.\n\nInclusive Culture - Be empowered to bring your whole self to work and realize your full potential.\n\nInspiring Community - Work in an ecosystem where we lift each other up and rise together.\n\nIntentional Support - Enjoy flexible, supportive offerings that prioritize your total wellness.\n\nAdditional Pre-Employment Requirements:\nTo ensure the integrity of our organization, successful candidates will be required to complete background checks, which may include, Canadian Criminal Credit Check, Canadian ID Cross-Check, Public Safety Verification, 5-year Employment Verification, Education Verification, Credit Check, and Social Media Check.\nEqual Opportunity Employer\nInterac is also an equal opportunity employer committed to fostering a diverse and inclusive workplace. We believe that innovation thrives when people from different backgrounds, experiences, and perspectives come together. That’s why we are committed to providing fair and equitable employment opportunities for all individuals, without discrimination based on race, color, ancestry, ethnic origin, place of origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, marital or family status, disability, or any other characteristic protected by applicable law.\nIf you require accommodation during any stage of the application or recruitment process, please contact us at . We will work with you to meet your needs.\nPlease be aware that certain individuals are misusing Interac Corp.’s name and logo to promote fictitious employment opportunities. Interac Corp. never requests, solicits, or accepts any form of payment in exchange for employment. Any such offers are fraudulent and should be disregarded. Interac Corp. assumes no liability for any claims, losses, damages, expenses, or inconveniences arising from or related to these fraudulent activities. Such communications do not constitute an offer or representation by Interac Corp. or its subsidiaries and affiliates.","description_format":"text","description_chars":6399,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Hybrid work"],"hiring_locations":[{"name":"Canada","iso":"CA","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Cards & Card Issuing","Payment Processing & Gateways"],"lifecycle":[{"event":"open","at":"2026-10-19T09:19:18Z"}],"visa":[],"liveness":{"score":84,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.84,"p_room":1,"age_days":5,"expected_fill_days":20,"reasons":["conf:1","win:early","comp:junior"],"computed_at":"2026-10-19T15:13:54Z"},"pay":null,"html_url":"https://alion.io/job/interac-payments-product-intern","json_url":"https://alion.io/job/interac-payments-product-intern.json","meta":{"generated_at":"2026-10-19T15:13:54Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":11174,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-10-20T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":3854},"rest":"https://alion.io/mcp/rest/get_company?id=3854"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Finterac-payments-product-intern"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Finterac-payments-product-intern"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Finterac-payments-product-intern"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/interac-payments-product-intern\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Finterac-payments-product-intern"}]}