News about the NFC market in Canada — trials, pilots, tests and live services.
December 7th, 2016
Canada’s Scotiabank has replaced the NFC SIM-based mobile payments service inside its My Mobile Wallet app with a host card emulation (HCE) based solution, the bank has confirmed to NFC World. “This enhancement to our…
December 1st, 2016
American Express cardholders across Canada can now make NFC mobile payments using Amex Pay, a new feature added to the Amex App. The service is available for customers with eligible consumer, small business and corporate…
December 1st, 2016
Mastercard has launched its biometric Identity Check Mobile service in Brazil and Mexico, the payments giant has confirmed. The service allows cardholders to authenticate online payments by scanning their fingerprint or by taking a selfie. The Latin America rollout comes after “trials in the Netherlands, the US and Canada found consumers preferred biometrics to authenticate payments”, Mastercard adds. The service became available to US financial institutions in 2016, with a global expansion expected to increase in 2017.
November 29th, 2016
Eighty-eight percent of US millennials are conducting transactions from their mobile device with 15% doing so multiple times a day, research from mobile capture and identity verification firm Mitek shows. Nearly half of older millennials have made a decision on where to spend money or switched companies based upon the mobile experience, the survey of more than 3,000 people aged between 18 and 34 in the US, Canada and the UK adds.
November 23rd, 2016
PARTNER NEWS: Carta Worldwide is preparing to welcome leaders from across the payments and financial technology industry to the first Mobey Day in North America, to be held at the Four Seasons Hotel in Toronto…
November 14th, 2016
Some 100 employees of Montreal’s public transit network STM are beta-testing a service that will enable commuters on the Metro to pay using their NFC smartphones. “The first phase of testing has gone well over the last two weeks but the application won’t be immediately available to the public,” CBC reports. “There are adjustments that would need to be made such as ensuring the application is available on all smartphones, since it only currently works on Android devices.”
November 10th, 2016
PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests. The function will be available in 30 countries. “PayPal users can now send…
November 8th, 2016
A screenshot taken by a Reddit user of the Samsung Pay app suggests Canadian bank CIBC will be the launch partner for the mobile payment service when it becomes available in the country some time this year. “Sticktoit360 wasn’t able to verify whether the tap and pay functionality of Samsung Pay actually works in Canada because they’re a BMO customer,” Mobile Syrup reports. Reports that the service was expected to go live in Canada in early November emerged last month.
October 28th, 2016
Canadian payments start-up NanoPay has completed a US$10m Series A funding round. The company recently bought the MintChip platform, which uses NFC technology to enable purchases with a Bitcoin alternative, from Royal Canadian Mint. Alongside the new finance, NanoPay CEO Laurence Cooke says its focus is “now on expanding the platform beyond digital cash to a broad range of B2B use cases that have global applications”.
October 27th, 2016
Samsung Pay could be launched in Canada “from the first week of November 2016”, Android Central reports. According to a Twitter user who posed the question to Samsung customer service team, their reply stated the mobile payments service would be available next week for customers with CIBC Visa cards. Samsung Pay boss Thomas Ko revealed plans for more aggressive international expansion of the service in an interview with NFC World at Money20/20 earlier this week.
October 25th, 2016
Mastercard will launch its biometric identity verification system across North America in the first half of 2017, with Canadian bank BMO Financial Group the first to offer the service to its corporate customers. Identity Check Mobile was soft launched earlier this year, and uses fingerprint and facial recognition to verify a cardholder’s identity. “Moving this technology beyond the pilot phase is a significant milestone in the evolution of payments,” says Ajay Bhalla from Mastercard. The service was rolled out in 12 European countries earlier this month.
October 19th, 2016
Nearly six in 10 North American consumers (56%) are now aware of mobile payment services — a 4% increase from this time last year, research from Accenture has revealed. However, the regular use of mobile…
October 12th, 2016
Android Pay may be heading to Canada judging by the mobile app’s most recent update which “seems to list strings of code that includes references to Interac,” according to Android Headlines. “Although this doesn’t give any details, such as which banks may support Android Pay following a Canadian launch, the strings that mention Interac do suggest that at least some banking institutions will be adding support for the mobile payment platform in the near future.”
October 7th, 2016
October 5th, 2016
Google has launched a virtual reality headset that works in conjunction with smartphones supporting its Daydream mobile VR platform and uses NFC to connect the devices. The first smartphones to support the new Daydream View…
October 4th, 2016
Money transfer network Western Union has launched a mobile payment app in Canada to enable domestic and cross-border money transfers. “The new app allows users instant, anytime, anywhere access to Western Union’s sophisticated physical and digital money transfer infrastructure, allowing them to send money to nearly every corner of the world in just a few clicks,” the company says. Consumers will also be able to view past and pending transactions and track money transfers from their mobile device.
October 3rd, 2016
Canadian customers of American Express who are enrolled in the company’s Membership Rewards program can now pay for purchases using their reward points on Amazon. “Cardmembers need to complete a one-time registration to securely link their Membership Rewards account to their Amazon.ca account,” American Express says. “Membership Rewards points are available immediately for use on Amazon.ca any time cardmembers are shopping.”
September 21st, 2016
Cash purchases will make up only 10% of money spent in Canada by 2030, claims research released by Moneris. Compared to 35% of overall transactions in 2014, the 70% decline in cash usage will see…
September 19th, 2016
Retail giant Walmart is to stop accepting Visa credit cards at its 16 stores in the Canadian province of Manitoba, beginning 24 October 2016. Walmart Canada ceased to welcome Visa credit cards in Thunder Bay, Ontario in July. The decision follows the supermarket chain’s filing of a lawsuit against Visa in May for “allegedly forcing the retailer to let customers use signatures when paying with chip cards”.
September 13th, 2016
Visitors to the Toronto International Film Festival (TIFF) are being given the opportunity to embark on a virtual shopping experience that enables them to enter a wardrobe studio to try on iconic costumes from famous…