Interac-backed Konek wallet expands to more online checkouts in Canada

Canada's Interac-backed Konek wallet is expanding to more online checkouts, letting shoppers pay directly from their bank accounts instead of using Visa, Mastercard or American Express. Global Payments will enable Konek across its Canadian merchant network, potentially bringing the wallet to thousands of businesses.

• Konek lets shoppers pay directly from bank accounts, bypassing cards
• Global Payments will enable Konek across its Canadian merchant network
• Rollout could bring the wallet to thousands of online businesses