In some nations across the world, government agencies have started to get involved in the payment processing game. One could say that it is a good practice, as it could be the best way to regulate the associated technologies, while pushing widespread adoption. In Canada, though, a conglomerate of banks and payment processing providers has taken another step. Wired Magazine recently reported that Canada will beat the United States to a more paperless society, as there is a non-profit system that is already responsible for processing more than 50 percent of credit, debit and ACH card transactions. The system, called Interac, was created and is currently provided by a large association made up of banks and other transaction processing entities. The news provider explains that this has been a huge help for merchants in the nation, as the cost of transactions through the system is incredible competitive - less than one cent per swipe. However, the United States may still have a better shot of moving toward a mostly mobile-made payment landscape, as the Canadian counterpart does not support such technologies. The United States might eventually have a similar system, as other groups of businesses in information technology industries have created non-profit conglomerates to further overall success. This includes the Cloud Security Alliance, which has pushed for better security in the virtual technology.