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Interac® Online cleared for takeoff with Air Canada


Purchase tickets conveniently and securely using Interac Online at aircanada.com

TORONTO, Nov. 1, 2012 /CNW/ - Acxsys Corporation and Air Canada today announced that Canadians can now purchase tickets and services online for Canada's largest airline using Interac Online. Interac Online allows consumers to shop easily and securely for products and services over the Internet, using funds withdrawn directly from their bank accounts. Starting October 25, Canadians who have access to Interac Online through their financial institution can pay using Interac Online when they visit Air Canada's website, www.aircanada.com.

"We are excited to offer the convenience and security of Interac Online to Air Canada customers," said Mark O'Connell, President and CEO, Interac Association and Acxsys Corporation. "Canadians want the freedom to choose to pay using their own money when shopping online, and retailers want a cost effective and high demand payment option. Interac Online delivers on both fronts and we're delighted that Air Canada now offers this payment choice to their customers."

"Air Canada is pleased to make this additional payment option available as part of its ongoing strategy to offer customers more choice and greater convenience through enhanced on-line capabilities. Through our partnering with well-established providers such as Acxsys Corporation, customers can also be assured their online transactions will be secure and straightforward," said Craig Landry, Vice President of Marketing at Air Canada.

Interac Online is currently available as a payment option on aircanada.com to customers of BMO Bank of Montreal, RBC Royal Bank, Scotiabank and TD Canada Trust. Because payments are conducted through a consumer's existing online banking account, Interac Online offers consumers privacy, security and spending control.


    --  Privacy: financial details, card numbers or login information
        are not shared with the online retailer.
    --  Security: the payment is conducted through online banking,
        which means the consumer's financial institution transfers the
        funds to the online retailer using established and secure
        banking procedures. It's also backed by the Interac Zero
        Liability Policy*.
    --  Money management: the transaction is immediate using funds
        available in a consumer's banking account.

For more information about Interac Online, visit www.interaconline.ca.

About Interac Association and Acxsys Corporation

A recognized world leader in debit card services, Interac Association is 
responsible for the development and operations of the Interac network, a 
national payment network that allows Canadians to access their money through 
Interac Cash at 60,000 Automated Banking Machines and Interac Debit at 766,000 
point-of-sale terminals across Canada. Interac Flash™, a secure contactless 
enhancement of Interac Debit allows Canadians to pay for items instantly with 
their Interac chip debit card at a reader that supports Interac Flash.

Interac Association was founded in 1984 and is comprised of a diverse 
membership that includes banks, trust companies, credit unions, caisses 
populaires, merchants, and technology and payment related companies.

Other related services offered by Acxsys Corporation, whose shareholders are 
the architects of the Interac network, include: Interac Online, for secure 
online payments made directly from a bank account; Interac e-Transfer(TM), for 
the transfer of money from one person's bank account to another person's bank 
account using an email address or mobile phone number**; and international 
services, which provide Canadian cardholders with point-of-sale access at 
nearly 2 million U.S. retailers, and PULSE, Discover, Diners Club 
International and UnionPay cardholders access to ABMs in Canada.

About Air Canada

Air Canada is Canada's largest domestic and international airline serving more 
than 175 destinations on five continents. Canada's flag carrier is the 15th 
largest commercial airline in the world and in 2011 served more than 33 
million customers.  Air Canada provides scheduled passenger service directly 
to 59 Canadian cities, 56 destinations in the United States and 63 cities in 
Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South 
America.  Air Canada is a founding member of Star Alliance, the world's most 
comprehensive air transportation network serving 1,356 destinations in 193 
countries. In 2012, Air Canada was ranked Best International Airline in North 
America in a worldwide survey of more than 18 million airline passengers 
conducted by independent research firm Skytrax.

Interac, Interac Flash and Interac e-Transfer are trade-marks of Interac Inc. 
Used under license.

* All Interac cardholders are protected from losses resulting from 
circumstances beyond their control under the Interac Zero Liability Policy.  
See your financial institution for details.

**The Interac e-Transfer service, for secure person-to-person payments, is 
currently available to customers of over 100 banks and credit unions including 
BMO Bank of Montreal, CIBC, President's Choice Financial, National Bank, RBC 
Royal Bank, Scotiabank and TD Canada Trust among others. Central 1, through 
participating credit unions, offers the option of using mobile phone numbers, 
in addition to email, to notify Interac e-Transfer recipients. Money never 
travels by email or text message. More information about the Interac e- 
Transfer service and a complete list of participating banks and credit unions 
can be found at www.interac.ca.

 

Media contacts:

Interac Association / Acxsys Corporation  Teri Murphy tmurphy@interac.ca 
416-869-7171

Air Canada  Isabelle Arthur (Montréal) 514 422-5788 Peter Fitzpatrick 
(Toronto) 416 263-5576 Angela Mah (Vancouver) 604 270-5741

SOURCE: Interac Association

To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/November2012/01/c4039.html

CO: Interac Association
ST: Ontario
NI: FIN NP 

-0- Nov/01/2012 14:00 GMT

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