TransLink to Integrate Interac® Debit into Tap to Pay
Customers will be able to tap-in to Metro Vancouver transit with Interac Debit next year
NEW WESTMINSTER, British Columbia–(BUSINESS WIRE)–TransLink customers will soon be able to use Interac Debit to hop on transit. TransLink, Interac Corp., and Cubic Transportation Systems are working together to integrate Interac Debit onto the system to give customers more contactless payment options.
By the end of 2022, TransLink customers will be able to pay with Interac Debit at Compass readers on any bus or fare gate across the system. This puts TransLink on pace to be the first transit agency in Canada to fully integrate Interac Debit contactless payments across a regional transit system.
Tap to Pay offers casual transit riders and tourists a convenient way to pay; allowing users to pay with Interac Debit directly to ride without pre-purchasing a Compass Card and without having to use an in-station Compass Vending Machine. The addition of Interac Debit will further broaden options and convenience for TransLink customers.
Over 5,000 Compass readers across TransLink’s expansive network will need to be upgraded to ensure compatibility with debit cards enabled with Interac Debit contactless payments.
TransLink, Interac, and Cubic Transportation Systems – the company that designed and built TransLink’s Compass system – are working to upgrade the readers over the next year.
Once integrated, customers will be able to pay at Compass readers by using Interac Debit, in addition to other already available contactless payment options like Visa, Mastercard, American Express, Apple Pay, Google Pay, and Samsung Pay Wallet.
TransLink reminds customers to please tap their card or smartphone when paying for transit and not their wallet, to avoid card clash when paying.
Quotes:
Kevin Quinn, CEO, TransLink –
“Integrating Interac Debit contactless payments across our system in Metro Vancouver is another way we’re making it easier for customers to take transit. TransLink was the first transit agency in Canada to commercially launch contactless credit card and mobile payments, and it’s important that we continue to be innovative to make transit an even more attractive transportation option.”
William Keliehor, Chief Commercial Officer, Interac Corp.–
“Partnering with TransLink to add Interac Debit contactless payments to Metro Vancouver’s transit fare reader system is the next big step to providing added convenience to all transit riders in the area. By offering Interac Debit, a form of payment that millions of Canadians already use for day-to-day purchases, transit authorities like TransLink are giving riders a contactless digital payment option which can help with the responsible post-COVID-19 recovery of transit networks in cities across the country.”
Matt Newsome, Senior Vice President and General Manager, CTS Americas –
“Since May 2018, customers have been able to pay with their contactless Mastercard and Visa credit cards on the Compass system, with American Express introduced in 2019, Interac Debit is the next step in the open payment evolution for Metro Vancouver transit riders. As a contactless debit system, Interac Debit is critical to maintaining social equity as an accessible form of payment for customers that do not have access to a credit card.”
About TransLink
TransLink is Metro Vancouver’s regional transportation authority and is the first North American transportation authority to be responsible for the planning, financing, and managing of all public transit in addition to major regional roads and bridges.
About Interac Corp.
Interac Corp. empowers Canadians to transact digitally with confidence by providing payment and value exchange services. Through our world-class privacy, fraud mitigation, governance and digital identity and authentication expertise, we help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion. We are proud to be one of Canada’s leading and most trusted financial brands. For more information, visit In the Know.
About Cubic Corporation
Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR, and training customers worldwide to decrease urban congestion and improve the militaries’ effectiveness and operational readiness. Our teams innovate to make a positive difference in people’s lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation.
Contacts
Media contact:
TransLink Media Relations
E: media@translink.ca
Interac Corp.
E: media@interac.ca
Cubic Transportation Systems Media Relations
Lauren Jochum
E: lauren.jochum@cubic.com