Retail Council of Canada applauds the Commissioner of Competition’s decision announced on July 12, 2013 to approve Interac’s restructuring proposalPrint
Our members have been long-time supporters of Interac and of Interac’s low cost secure debit option. These restructuring proposals will ensure that Interac will continue to be an option for our customers both in traditional payments and emerging mobile environments.
RCC is also looking forward to the ruling from the Competition Tribunal on the price maintenance claims against VISA and MasterCard and ensuring that Canadian retailers have the flexibility to serve our customers.
For more information, members are encouraged to contact
SVP, Government Relations & Grocery Division
1-888-373-8245 x 251