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Interac logo

Interac

Canadian Payments

Canada's national debit payment network, used by virtually all Canadian financial institutions. Interac handles billions of transactions annually through Interac Debit for in-store purchases and Interac e-Transfer for person-to-person and business payments. Essential for any merchant serving Canadian customers, offering secure, real-time payments with minimal fees.

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AxxonPay logo

AxxonPay

High-risk global merchants

A premier payment solutions provider and direct bank card acquirer for high-risk merchants, licensed by the FCA in the UK. AxxonPay supports Visa, Mastercard, JCB, UnionPay, and over 100 alternative payment methods through a single integration, combining processing capabilities, mass payouts, and an omnichannel payment gateway. With data-driven technologies tailored for high-risk verticals, AxxonPay delivers reduced operational costs, fast time-to-market, and an optimized balance between conversion and security. The company has a global presence with four offices and over 200 employees worldwide.

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Detailed Comparison

Side-by-side feature breakdown

Fees
Interac

$0.08-0.15 per transaction

AxxonPay

4%

Category
Interac
regional
AxxonPay
traditionalcryptohigh riskgamingregional
Available Regions
Interac
North America
AxxonPay
North AmericaEuropeAsiaLatin AmericaAfricaOceaniaMiddle East
Key Features
Interac
Instant Payments
Low Fees
AxxonPay
Instant Payments
High Risk Accepted
Crypto Support
Low Fees
Enterprise
Startup Friendly
SDKs & Libraries
Interac

1 Available

AxxonPay

2 Available

Payment Methods
Interac

5 Supported

AxxonPay

10 Supported

Common Ground

Shared Regions

North America

Shared Features

Instant PaymentsLow Fees

When to Choose AxxonPay

Choose AxxonPay if you need features like High Risk Accepted or Crypto Support, or your business operates in Europe or Asia, or you want a broader feature set. With fees of 4%, it's ideal for businesses focused on high-risk global merchants.

Frequently Asked Questions

What is the difference between Interac and AxxonPay?

Interac is best for canadian payments, while AxxonPay is best for high-risk global merchants. Interac charges $0.08-0.15 per transaction and AxxonPay charges 4%. They differ in supported features, regions, and payment methods.

Which is cheaper, Interac or AxxonPay?

Interac charges $0.08-0.15 per transaction while AxxonPay charges 4%. The best value depends on your transaction volume, business type, and required features. Compare their full fee structures for your specific use case.

Can I use both Interac and AxxonPay together?

Yes, many businesses use multiple payment providers for redundancy, regional coverage, or to offer more payment methods. Interac and AxxonPay can complement each other depending on your needs.