Interac offline as Canada Day dawns, rent unpaid for many

Canada Day has dawned with the national cash transfer service at Interac still down for a third day. Interac, which was formed in 1984 by the big five banks in Canada, took the email service down on Saturday after recurring problems which began Friday night. It appears that unknown numbers of people are unable to pay their rent and make essential transfers as the banks begin a three-day holiday. Many are commenting at @INTERAC on Twitter. “My heart goes out to all the stressed out developers over at @INTERAC. Tech: When it works, no one notices. When it fails, everyone screams.” says one post. “Anyone else bordering on full panic that @Interac etransfers have been down for 2 days? I have significant amt of $$ now lost in the ether,” said another.