Interfaces in Java define behaviors and abstract methods that classes can implement. An interface is a blueprint of a class that defines constants and method signatures but not method bodies. When a class implements an interface, it must implement all the interface's abstract methods. Interfaces allow for abstraction and multiple inheritance in Java. Some key points about interfaces are that interface methods must be public and abstract, fields must be public and final, and interfaces cannot be instantiated - objects must be of a class that implements the interface.