I just learned about the existence of Konek.
https://retail-insider.com/retail-insider/2025/11/konek-powered-by-interac- and-leading-canadian-financial-institutions-launches-canadas-homegrown-e- commerce-payment-platform-with-staples-canada-as-first-national-merchant/
"Interac Corp. (Interac) has introduced KONEK, a new Canadian-made e-commerce payment solution designed to give merchants and consumers greater choice, trust, and control in how they pay online. Backed by Canada's major financial institutions and launching nationally with Staples Canada as the first participating national retailer, KONEK represents a major evolution in the country's digital payment landscape.
"Simplified Checkout for Consumers
"For consumers, the KONEK experience is designed to be fast, secure, and intuitive. At checkout, customers simply select the KONEK button, choose
their participating financial institution, and authenticate using their
online banking credentials. Once enrolled, they can use passkeys login - such as Face ID or Touch ID -for one-click checkouts.
""After authentication, customers see their full range of payment options," Zanuldin said. "That's what makes KONEK special. You can pay directly from
your chequing or savings account, credit, debit, or line of credit, depending on merchant acceptance, all within one experience."
"The system automatically fills in billing and shipping details from the
user's banking profile, which can be edited before purchase, helping speed up transactions while maintaining accuracy.
""Our vision is simple: pay who you want, how you want, easily," Zanuldin
said. "That's what we've built KONEK to do."
Not sure what the consumer-to-merchant interface would look like. Sounds like the consumer would need a Konek app and preconfigure the payment choices.. otherwise, the process for selecting "your chequing or savings account, credit, debit, or line of credit, depending on merchant acceptance, all within one experience" ..could slow things down at the cash register.
I'm with ChasepaymentTech for my POS terminal. No Konek option there, yet.
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