Interac provides additional form of electronic payment at participating
OAKVILLE, ON, Nov. 23 /CNW/ - Canadians no longer need to fumble for
change when buying their favourite coffee and baked goods. This month,
Tim Hortons will complete a nationwide roll-out of Interac's Debit payment system to all restaurants already accepting other
electronic forms of payment such as Tim Card®.
"From new product innovation to the introduction of new payment methods
such as Interac Debit, Tim Hortons' hospitality focuses on continuous improvement and
bringing more value and convenient choices to our guests," said Roland
Walton, Chief Operations Officer, Tim Hortons. "We are proud to
partner with a world-class Canadian payment network like Interac and Chase Paymentech™, a global leader in payment processing, to bring
even more choice and convenience to our valued guests."
Tim Hortons began accepting debit cards in Western provinces in 2003 and
after much research to ensure speed of service would not be affected
and security would not be compromised, decided to expand the payment
method to all restaurants set-up for electronic payments. Today,
approximately 90 per cent of Tim Hortons' over 3,000 locations across
Canada offer Interac.
Tim Hortons Inc. Overview
Tim Hortons is the fourth largest publicly-traded quick service
restaurant chain in North America based on market capitalization, and
the largest in Canada. Operating in the quick service segment of the
restaurant industry, Tim Hortons appeals to a broad range of consumer
tastes, with a menu that includes premium coffee, flavoured
cappuccinos, specialty teas, home-style soups, fresh sandwiches, wraps,
hot breakfast sandwiches and fresh baked goods, including our trademark
donuts. As of November 2010, Tim Hortons had 3,649 systemwide
restaurants, including 3,082 in Canada and 567 in the United States.
More information about the Company is available at href="http://www.timhortons.com/">www.timhortons.com
® Interac is a trade-mark of Interac Inc. used under licence.
SOURCE Tim Hortons
For further information: For further information:
Media: Alexandra Cygal, Tim Hortons (905) 339-5960 or email@example.com;