Tim Hortons and Visa payWave brew up a faster payment solution

Visa's contactless technology now available at participating Tim Hortons 
TORONTO, Nov. 19, 2012 /CNW/ - Visa Canada and Tim Hortons invite cardholders 
to 'wave and go' when making purchases using Visa payWave, now available for 
use at participating Tim Hortons restaurants across the country. Tim Hortons 
guests can now pay faster for their coffee and Timbits using Visa's 
contactless technology, bringing cardholders another level of convenience and 
providing built-in security. 
With Visa payWave, cardholders no longer need to look for change, key in a PIN 
or sign receipts for their food or beverage purchases at Tim Hortons. Visa 
payWave cardholders can simply wave their card in front of a merchant terminal 
that displays the universal contactless symbol and they are on their way. 
"Tim Hortons is excited to bring Visa payWave to our guests, who will no doubt 
appreciate the ability to make purchases quickly and securely through 
contactless payments in our restaurants," said David Clanachan, Chief 
Operating Officer, Tim Hortons. "We are committed to providing our guests with 
a wide variety of menu options and with the addition of Visa payWave, we can 
provide convenience too." 
"Visa payWave makes the checkout experience quicker and easier, while paving 
the way for upcoming innovations like mobile payments," said Sue Whitney, Head 
of New Products, Visa Canada. "We are proud to be partnering with Tim Hortons 
to bring the convenience and security of Visa payWave to their iconic 
restaurants, ultimately helping to enhance the customer experience." 
This rollout marks the second announcement for Tim Hortons and Visa Canada. 
Earlier this year, Tim Hortons and Visa Canada teamed up to allow customers to 
use Visa cards at more than 3,000 Tim Hortons locations Canada-wide, providing 
consumers with greater choice, speed and security. To celebrate this 
milestone, Visa Canada launched a promotion which gave Canadians the chance to 
win a dream cottage getaway for an entire season. The contest winner was 
Travis Craddock from Alberta, who won this once-in-a-lifetime summer cottage 
getaway experience simply by using his Visa card to pay at Tim Hortons. 
Visa payWave technology 
Visa payWave card-based and mobile-based transactions employ EMV chip 
technology, which uses advanced cryptographic security to generate a code that 
changes for every contactless transaction, helping prevent counterfeit fraud 
from stolen account data. When a customer uses a Visa payWave terminal, the 
card or mobile device and the terminal exchange security information and the 
transaction is completed, all in less than one-third of a second. The 
cardholder does not need to insert or swipe a card or let it out of their 
possession, keeping the transaction quick and secure. 
Visa employs a layered approach to its fraud prevention efforts, including 
Zero Liability, which protects card holders against fraud if a stolen Visa 
card is used to purchase goods in person, online, by mail or by phone.  For 
more information about Visa's Zero Liability Policy, visit www.visa.ca. 
About Visa 
Visa is a global payments technology company that connects consumers, 
businesses, financial institutions and governments in more than 200 countries 
and territories to fast, secure and reliable digital currency. Underpinning 
digital currency is one of the world's most advanced processing 
networks—VisaNet—that is capable of handling more than 24,000 transaction 
messages a second, with fraud protection for consumers and guaranteed payment 
for merchants. Visa is not a bank and does not issue cards, extend credit or 
set rates and fees for consumers. Visa's innovations, however, enable its 
financial institution customers to offer consumers more choices: pay now with 
debit, ahead of time with prepaid or later with credit products. For more 
information, visitwww.corporate.visa.com. 
About Tim Hortons 
Tim Hortonsis one of the largest publicly-traded restaurant chains inNorth 
Americabased on market capitalization, and the largest inCanada. Operating 
in the quick service segment of the restaurant industry,Tim Hortonsappeals 
to a broad range of consumer tastes, with a menu that includes premium coffee, 
espresso-based hot and cold specialty drinks including lattes, cappuccinos and 
espresso shots, specialty teas, fruit smoothies, home-style soups, fresh 
sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including 
our trademark donuts. As ofSeptember 30(th), 2012,Tim Hortonshad 4,138 
system wide restaurants, including 3,365 in Canada, 755 inthe United 
Statesand 18 in the Gulf Cooperation Council. More information about the 
Company is available atwww.timhortons.com 
Carla Hindman, Visa Canada, 416-860-8869,chindman@visa.com 
Alexandra Cygal, Tim Hortons, 905-339-5960,cygal_alexandra@timhortons.com 
SOURCE: VISA Canada Corporation 
To view this news release in HTML formatting, please use the following URL: 
CO: VISA Canada Corporation
ST: Ontario
-0- Nov/19/2012 11:00 GMT
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