Interac is Canada’s leading payment brand and is recognized as the world leaser in debit card services. Interac is owned by the Interac association and Acxsys Corporation. The brand is chosen an average of 12 million times daily to pay and exchange money (Canada NewsWire, 2015). Interac Association started in 1984 and 1984 as a cooperative project between five Canadian financial institutions. The Financial institutions were Royal Bank of Canada (RBC), Canadian Imperial Bank of Commerce (CIBC), The Bank of Nova Scotia (Scotiabank), Toronto-Dominion Bank and la Confédération des caisses populaires et d’économies Desjardins du Québec. The purpose of the association was to create a single national shared network to give Canadians broader access …show more content…
Interac Flash is a great innovation that has made our lives easier. Interac Flash is Canada’s first contactless debit solutions. This service is known to make purchases quickly, securely and conveniently. To make a payment using Interac flash, one simply needs to hold their access card in front of the paying terminal that has the flash terminal option. Once, the terminal has beeped or shows an “approved” message, it means the transaction was completed. The purchase will be automatically debited from your bank account. Almost all Canadian financial institutions provide access cards with Interac flash. Also, many merchants participate in Interac Flash. This service is well known by “Tap to …show more content…
However, Interac allows you to pay with Interac debits on Apple pay, Android Pay and Samsung pay. Apple pay was launched in May 2016 and Interac debit on Android and Samsung pay was released in 2017.These are methods using applications on android phones version 4.4 or higher and iPhone models of iPhone 6 or later or with a Apple watch paired with an iPhone 5 or later. Watches could also be used to pay using Interac Flash and it is just as secured as phones and debit cards. When paying with mobile phones you can be very secure as you will need to use a passcode and Touch ID verification to
"We have an extremely antiquated Broadcasting Act," he said. "Things get old. People get old. Legislation gets old. We 're looking for a refresh of the Broadcasting Act. It 's a reasonable request." Entwistle suggested that the Canadian Radio-television and Telecommunications Commission(CRTC) should displace the Canadian Television Fund with a fund created and manage by company such as TELUS. (POST, 2006)Although his suggestions drew the CRTC’s attention, the Conservative government had already set the plan to the CRTC. However, Entwistle is brave and astute to strive for the maximum benefits, not only for TELUS, but also the Canada government and the whole
Over the years, ICT, information communication technologies, has lead to a smaller world. A world where information can be transmitted instantaneously, a world where the quality of the information received has vastly improved. This information highway era has become so efficient that it has created a "global village". Canada is placed in a rather unique societal position today in this global village. It stands out from the rest of the world with its culturally diverse population, community networking and experts in the field. From representing its multicultural citizens through broadcasting programming, to creating successful community networks, and having leading experts in the field of communications, Canada must be considered one of the leading model communication innovators to the rest of the world.
managers to leave them more time to get/retain clients (which was already being done in
If Canada wishes to improve upon the quality of health care and tackle down generic issues in health care, one should consider integrating services. Integrated health services are considered part of the solution for the recurrent problem, one example being the continuous problem of chronic disease in Canada’s health care system. Integrated services come in many formats; horizontal, vertical, clinical, and physician.
Spicer, Keith. 1991. Citizen’s Forum on Canada’s Future: Report to the People and Government of
Good Afternoon ladies, gentlemen and honorable judge Elliot. Today I am here to prove that Ms. Pearson is guilty of bullying and causing emotional distress to my client Alex Billings. Ms. Pearson and my client were both enrolled at King High School and met each other at freshman orientation. Upon attending this orientation a quick friendship had begun between Ms. Billings and Ms. Pearson. There at orientation they exchanged phone numbers and even MyFace account names. They were both assigned to the same English class together and even ate lunch together in the cafeteria. That weekend after school had started, Alex and Ms. Pearson met up at Go-Go’s. Ever since that weekend at Go-Go’s Ms. Pearson had constantly
Canada’s health care system is one of the top in the world; due to the federal legislation for publicly funded health care insurance. Requiring provinces and territories to follow certain conditions and guidelines to maintain universal health care, which is known as the Canada Health Act passed in 1984. There are five main principles within the Canada Health Act; public administrations, comprehensiveness, universality, accessibility, and portability. Moreover there are three aspects within the principles, equity, access and undeserved. Several marginalized populations do not receive the adequate health care even though the Canada Health Act is in place to help “protect, promote and restore the physical and mental well-being of residents of
The healthcare system in Canada is funded largely by the federal government as determined by the constitution. However, the actual healthcare delivery and social services is left up to each province and territory. Each province has the power to pass legislation that governs the financing and delivery of healthcare services to Canadians residing in that province. This fact encourages all healthcare professionals who have a strong provincial association and want to advocate their position on healthcare to speak up, if they want something different. If a physician wants to start delivery of telemedicine to rural areas of the province, he or she can advocate their position and
Additionally, the innovative team at SnapCard has developed a great system that allows you to use Bitcoin to order from any website in the world that accepts Visa or Master card.
and get the card in your name with no intention of making payments. Credit card
Over the last ten years people in the United State and around the world have heavily relied more on their debit or credit cards to process transactions of their purchases. In the old days it used to be when you would get your paycheck on Friday and rush to the bank during your break or lunch in order to cash withdraw your funds or deposit them into your account. It used to be where you carry cash to buy groceries, pay bills, and go shopping. Now some people don’t even set foot inside their bank branch because they are paid using direct deposit or the funds are loaded into a debit card provided by their employer. Many employers from around the globe don’t even issue paper check anymore.
during these operations. One can still charge his or her account without having an electronic card, using the bank
Digital money is undeniably convenient; anyone who has used a credit or debit card understands this. However, the era of digital money is only beginning; rapid technological advances will continue to make paper money a remnant of the past. Several innovations are already lessening the burden in your wallet. For instance, the seemingly innocuous mobile phone is actually playing an increasing role in facilitating monetary transactions, especially in Asia. Already, in Japan, large companies such as Coca-Cola have sanctioned vending machines that are not only compatible with common cell phones but also allow consumers to earn credits for using them (Kupetz). In this regard, the United States is strikingly behind the times when compared to other countries. Another new technology in the vein of mobile phones is no-contact cards. These innovative cards do not require a cashier to conduct a transaction; one simply holds a specia...
The use of credit and debit cards today are taking a tour in the sense that electronic cash is becoming more admissible as the world makes a switch towar...
A cashless society will further improve the globalisation that characterise our present time. The computerised systems can be used to decrease the quantity of paper trail therefore substituting paper cash with cashless credits or electronic money transfers. However, in a cashless economy, this will change with certain crimes almost eradicated. It will also be faster to generate electronic payments than cash as Near Field Communications (NFC) chips make their way into more payments cards and mobile handsets as well providing protection not applicable to purchases made using cash. This technology is simple with low power wireless link evolved from radio-frequency identification (RFID) tech that can transfer small amounts of data between two devices identifying us and our bank account to a computer. Another benefit of drawing nearer to a cashless society is that other companies are providing pioneering cash-free solutions to the payment related problems we come across. For example, WisePay, a provider of e-payments services, is deploying technologies that ensure parents no longer have to worry about sending their children to school with cash to pay for meals, excursions and other fees that will eliminate the likelihood of being caught short for cash or children misplacing money. The Government also has valuable explanations why they may deem to turn away from cash. Due the main factor of printing and distributing cash, not to mention ensuring the economy is free from forgeries which are all costly endeavours estimating that the cost to society of using cash is between 0.5 and 1.5% of GDP annually. In addition, there are many technological innovations that propose there is a real enthusiasm for an alternative to cash with the upsurge...