Interac card at Compass terminal

Article Highlights

Key Takeaway:

Vancouver transit authority TransLink signed a deal with Canadian debit scheme Interac last year that would pay TransLink a total of CA$2.75 million (US$2.1 million) for enabling customers to tap Interac cards and credentials to pay for fares and for promoting the Interac brand, Mobility Payments has learned.

Key Data:

• Table: TransLink/Interac incentive agreement

Organizations Mentioned:

• TransLink (Vancouver)
• Interac

Vancouver transit authority TransLink signed a deal with Canadian debit scheme Interac last year that would pay TransLink a total of CA$2.75 million (US$2.1 million) for enabling customers to tap Interac cards and credentials to pay for fares and for promoting the Interac brand, Mobility Payments has learned.

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