October 23, 2012

Interac Flash now available at Tim Hortons

TORONTO-- Tim Hortons will be the first and largest national restaurant in Canada to rollout Interac Flash across the country. Interac Flash, an enhancement of Interac Debit, works via contactless debit technology. By holding their Interac Flash-enabled debit cards in front of a reader, guests can pay for their double-doubles inside Tim Hortons restaurants and at the drive-thru, using money from their bank accounts.

“The deployment of Interac Flash at Tim Hortons unites two iconic Canadian brands that strive to enhance the customer experience through innovation and value-added services,” said Mark O’Connell, President and CEO, Interac Association and Acxsys Corporation. “Canadians coast-to-coast are now able to experience the security, speed and convenience of Interac Flash when paying for their coffee or other menu items.”

Tim Hortons expects more than 2,300 restaurants across Canada will accept Interac Flash by the end of October, with more than 3,000 restaurants accepting the new payment method by the end of the year.

“Speed of service is important to Tim Hortons and to our guests and every second at the counter and in the drive-thru counts,” said David Clanachan, Chief Operating Officer, Tim Hortons.  “Bringing new payment options such as Interac Flash to our restaurants is just one way for us to continue to innovate, provide value and convenience to our guests.”

Chase Paymentech, a subsidiary of JPMorgan Chase and a provider of payment processing and merchant acquiring, will process the payments.












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