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indeed

Payments Product intern

Interac Corp
Toronto, CAN
Full-time
Intern
Hybrid
$25
Discovered 5 days ago
Payment products and initiativesExcelData interpretationPowerPoint presentationsPayment transaction analysisProduct economics and pricing analysis

Full Job Posting

Internship overview

Payments Product Intern supporting the development and improvement of customer-impacting products.

The internship term runs from January to April 2027.

What you will do

  • Support Product Managers with debit, digital payments, or network-related initiatives.
  • Gather, document, and structure stakeholder business requirements.
  • Analyze payment transactions, user behavior, and merchant or category trends.
  • Support product economics and pricing analysis, including cost, revenue, interchange, and unit economics.
  • Prepare presentations, briefing notes, and status updates for stakeholder meetings.
  • Document product flows, requirements, process maps, and customer journeys.
  • Track cross-functional actions, dependencies, and timelines; capture meeting decisions and follow-ups.

Candidate qualifications

  • Currently enrolled in an undergraduate university program in Business, Finance, Economics, Engineering, or a related field.
  • Strong analytical skills, Excel proficiency, and ability to interpret data.
  • Strong written communication, attention to detail, organization, collaboration, and stakeholder engagement.
  • Proficiency in PowerPoint and experience preparing presentations for executive audiences.
  • Interest in product management or financial services as a career path.

Additional and preferred experience

  • Exposure to payments, banking, fintech, or financial services through coursework, co-op, or internship experience is requested as a qualification.
  • Basic understanding of authorization, clearing and settlement, tokenization, or interchange is requested as a qualification.
  • Familiarity with SQL or visualization tools such as Tableau or Power BI is requested as a qualification.
  • Market and competitor research, feature testing or validation, and light cross-functional coordination are expressly not required.

Compensation

  • The hourly pay rate is $25; the exact amount may depend on skills, experience, and job-related knowledge.

Workplace

  • The role offers a flexible hybrid work model and is associated with a downtown Toronto office.

Intern experience

  • The internship includes access to an Interac learning bootcamp and monthly intern socials.

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