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Canada's Interac sets debit record
January 7, 2007
Digital Transactions:Interac, Canada's national EFT network, announced that it processed more point-of-sale debit card transactions on Dec. 22 and 23 than in any two-day period in its 22-year history. The network handled 31.2 million transactions over those two days, 1 million more than the previous two-day record, set in 2005. All debit-card transactions in Canada are secured by PINs.
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