Contests celebrate the availability of Interac Debit as a contactless payment option on the TTC
TORONTO, October 25, 2023 – Interac Corp. (Interac) announced two new contests that will give eligible transit riders the chance to win free Toronto Transit Commission (TTC) adult fare rides for an entire year*. The contests celebrate the availability of Interac Debit as a contactless payment option for adult fares on the TTC.
“By providing transit users the same quick and convenient payment method they already use for their everyday essentials, Interac is putting Canadians in charge of how they pay and move around their cities,” said William Keliehor, Chief Commercial Officer, Interac Corp. “We are thrilled to celebrate the availability of Interac Debit on the TTC by awarding confirmed prize winners free rides for a year, and we encourage TTC riders to tap on with Interac Debit.”
Transit riders can also leave their wallets at home and pay adult transit fares directly by using a debit card loaded in their participating mobile wallet on their smartphones or smartwatches. Across all participating transit agencies where Interac Debit is available as a contactless payment option, the proportion of transit riders using Interac Debit with their mobile wallets has been steadily and quickly increasing. In September of this year, 41 per cent of Interac Debit transit transactions used mobile wallets up from 30 per cent in January. Additionally, this summer Interac recorded more than one billion Interac Debit mobile contactless transactions in a 12-month period for the first time.
“The availability of Interac Debit means a more seamless way to pay for transit, without having to load passes or purchase tickets,” said Andrew Yablonovsky, Associate Vice-President, Product Strategy and Growth, Interac Corp. “With availability across the TTC and all other Greater Toronto and Hamilton Area agencies that accept PRESTO, transit users can ride with confidence knowing debit is available for adult fares.”
The first contest opens October 25, 2023 and closes November 3, 2023. Ontario age of majority residents can enter online for a chance to win by visiting interac.ca/TTCcontest*.
Interac will also be hosting a pop-up at Union Station in Toronto on October 25 and 26, where commuters can enjoy a complimentary coffeeᶧ for their commute and Ontario age of majority residents can enter for a chance to win one of three grand prizes of free TTC rides for a year plus other prizes aimed at making commutes a little easier*. The pop-up and related contest will be open on October 25 from 7:30 a.m. to 1 p.m. and 4:30 p.m. to 7:30 p.m. and on October 26 from 7:30 a.m. to 1 p.m.
About Interac Corp.
Interac empowers Canadians to transact digitally with confidence by providing payment and value exchange services. In helping to develop the future of money and data in Canada, security is the core of everything we do. We help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products over 20 million times a day on average to exchange money. Interac champions workplace culture, community, and corporate citizenship. We are proud to be one of Canada’s leading and most trusted financial brands. For more information, visit our website.
*In-Person and Online Contests:
The Interac Random Draw Contest – Mini Rules:
NO PURCHASE NECESSARY. Open to age of majority residents of Ontario (Canada). Starts October 25, 2023 at 7:00 a.m. ET and ends November 3, 2023 at 11:59 p.m. ET. 100 ‘TTC transit rides for a year’ prizes available, each awarded as a $1,939.08 CAD in a cash Interac e-Transfer to use towards the purchase of 12 adult monthly TTC transit passes. Odds depend on number of eligible entries. Math skill-testing question required. Eligible prize winners in the Interac Spin to Win Contest are not eligible to win a prize in this contest. Full rules and entry details at https://content.interac.ca/2023_ttc_free_rides.
The Interac Spin to Win Contest – Mini Rules:
NO PURCHASE NECESSARY. Open to age of majority residents of Ontario (Canada). Starts October 25, 2023 at 7:00 a.m. ET and ends October 26, 2023 at 1:00 p.m. ET (or once all prizes have been awarded, whichever occurs first). Contest consists of 3 entry periods. Limit 1 entry per person, per day. Eligible winners are not eligible to win a prize in the Interac Random Draw Contest. Prizes available at contest start: (i) 2,000 third prizes, each consisting of a pack of gum (odds 1:4.101) ARV $2 CAD each; (ii) 30 secondary prizes (10 eBook readers, odds 1:203.2; 10 wireless earbuds, odds 1:203.2; 10 backpacks, odds 1:203.2), ARVs rage from $80-$230 CAD each; and, (iii) 3 ‘TTC transit rides for a year’ grand prizes (odds 1:1,016), each awarded as a $1,939.08 CAD in a cash Interac e-Transfer to use towards the purchase of 12 adult monthly TTC transit passes. Number of prizes available will decrease as prizes are claimed. Math skill-testing question required. Full rules and entry details at https://content.interac.ca/2023_spin_to_win.
ᶧ While supplies last, at designated times.
For further information:
Interac is a registered trademark of Interac Corp.