INTERAC SELECTS PROSPER CANADA AS A CHARITABLE PARTNER OF THE 2022 ELEVATION FESTIVAL

Interac Corp. will equal up to a total of $50,000 in donations to Prosperous Canada festival-goers!

TORONTO, September 19, 2022 /CNW/ – Prosperous Canada is proud to be selected as a charitable partner of Interac Corp. (“Interac”) at the Festival Élévation 2022, which will take place at Toronto, September 20-22. The festival brings together creative thought leaders under one roof to network, learn and create with global innovators. Speakers such as Venus Williams (Tennis Champion, Entrepreneur and Founder), Chris Hadfield (astronaut and elevation co-chair) and Toronto Mayor, John Toryare just a few of the amazing speakers who should be there.

Interac will feature the NFT Art Gallery, which seeks to uplift underrepresented creators in the art community. This year they have also chosen to raise funds for a national charity Prosperous Canadato support initiatives aimed at strengthening the financial confidence and health of low-income Canadians.

Pandemic-related challenges, systemic and institutional barriers, and personal circumstances prevent many vulnerable Canadians who need financial help the most from finding it. Community financial assistance programs, such as those offered by Prosperous Canada and its community partners across the country, help measurably improve the financial capability, confidence and health of low-income people and help them move from poverty to prosperity.

“We are deeply grateful to Interac for this opportunity to connect with the Elevation community and seek your support during this challenging time,” said Prosper Canada’s CEO. Elisabeth Mulholland. “Low-income Canadians have taken the economic toll of the pandemic and are in real trouble. During the pandemic, our community partners and programs have helped more than 220,000 low-income people, increasing their incomes by more than $315 million and help them stabilize financially and begin to rebuild their financial health. We can do even more with your help, so please take a minute to show your support, knowing that Interac will match your donations made with Interac® Debit and other payment methods up to a total amount of $50,000.”

Funds will be raised through interactive installations at the festival, allowing Elevate attendees to simply press their Interac® Debit card or mobile wallet to donate directly to Prosperous Canada.

“As an organization that helps Canadians move their money and verify their identity securely, we are committed to supporting our local communities,” said Daria Hill, Vice-President, Marketing and Communications at Interac. “We are proud to be associated with Prosperous Canada to help give Canadians access to the tools, resources and guidance they need to learn the financial skills that will help them seize economic opportunities with confidence. »

About Prosperous Canada

Prosperous Canada is a national charitable organization dedicated to expanding economic opportunity for Canadians living in poverty through program and policy innovation. We work with government, business and community partners to develop and promote policies, programs and financial resources that remove barriers and help more Canadians prosper. To learn more about Prosperous Canadaplease visit www.prospercanada.org.

About Interac Corp.

Interac enables Canadians to transact digitally with confidence by offering payment and value exchange services. By helping to develop the future of money, data and verification in Canada, safety is at the heart of everything we do. Through our privacy, fraud mitigation, governance, verification and authentication services, we help keep Canadian customers safe when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products more than 20 million times a day on average to 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 largest and most trusted financial brands. For more information, visit Interac website.

THE SOURCE Prosperous Canada

For further information: Wendy Abbott-Serroul, Prosper Canada, 416-993-6409, [email protected]

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