Payments Product Intern — Hybrid PM, Data-Driven

interac; Toronto; Hybrid; CAD 28,000 - 40,000; Full time

Benefits offered by this job

Flexible hybrid work model

Downtown Toronto office near Union

Interac learning bootcamp

Job summary

Interac in Toronto is seeking a Payments Product Intern to support delivery of debit, digital payments, and network-related features. You will gather and document requirements, analyze transaction data, and assist with pricing and product economics.

You will prepare stakeholder materials, document flows, and track timelines while collaborating with Product, Technology, Legal, Risk, and Operations teams. This internship emphasizes hands-on learning and cross-functional exposure.

Qualifications

• Currently enrolled in an undergraduate University program in Business, Finance, Economics, Engineering, or related field
• Strong analytical skills with proficiency in Excel and ability to interpret data
• Strong written communication skills with ability to synthesize complex information clearly and concisely
• High attention to detail and strong organizational skills
• Ability to manage multiple tasks in a fast-paced, cross-functional environment
• Strong collaboration and stakeholder engagement skills
• Proficiency in PowerPoint, with experience building presentations for executive audiences
• Exposure to payments, banking, fintech, or financial services
• Basic understanding of payments concepts (authorization, clearing & settlement, tokenization, interchange)
• Familiarity with SQL or data visualization tools (Tableau, Power BI)
• Interest in product management or financial services as a career path

Responsibilities

• Support Product Managers in delivering payments initiatives (debit, digital payments, or network-related features)
• Assist in gathering, documenting, and structuring business requirements from internal and external stakeholders
• Conduct basic analysis of payment transaction data, user behaviour, and merchant/category trends
• Support product economics / pricing analysis, including reviewing cost, revenue, interchange, and unit economics impacts of product or feature decisions
• Prepare materials for stakeholder meetings, including presentations, briefing notes, and status updates
• Support end-to-end product documentation (flows, requirements, process maps, and journeys)
• Track project actions, dependencies, and timelines across cross-functional teams
• Participate in meetings and capture key decisions, actions, and follow-ups

Skills

Excel

PowerPoint

SQL

Tableau/Power BI

Written communication

Analytical skills

Stakeholder engagement

Education

Undergraduate program in Business/Finance/Economics/Engineering

Tools

SQL

Tableau/Power BI

Excel

Job description

Interac in Toronto is seeking a Payments Product Intern to support delivery of debit, digital payments, and network-related features. You will gather and document requirements, analyze transaction data, and assist with pricing and product economics.

You will prepare stakeholder materials, document flows, and track timelines while collaborating with Product, Technology, Legal, Risk, and Operations teams. This internship emphasizes hands-on learning and cross-functional exposure.