News about the NFC market in Canada — trials, pilots, tests and live services.
June 21st, 2016
Canadians can now use the MintChip virtual currency to send and receive money through a P2P mobile app and make payments at participating merchants in Toronto’s Liberty Village neighbourhood by scanning a barcode. A partnership with…
June 13th, 2016
Apple Pay is expanding to Switzerland, France and Hong Kong in the “next few months” and will be made available for online payments via an Apple Pay button that uses Touch ID for authentication, the company has announced during a keynote at its Apple Worldwide Developers Conference (WWDC).
June 13th, 2016
Retail giant Walmart will stop accepting Visa credit card transactions in Canada from mid-July due to “unacceptably high” transaction fees. “Visa and Walmart have been unable to agree on an acceptable fee for Visa transactions,” Walmart Canada says. “We will no longer accept Visa in our stores across Canada, starting with our stores in Thunder Bay on July 18, 2016. This change will then be rolled out in phases across the country.” The decision follows Walmart filing a lawsuit against Visa last month for forcing the retailer to let customers use signatures when paying with chip cards.
June 10th, 2016
Canadian debit network Interac has partnered with Norwegian domestic debit network BankAxept to help accelerate the rollout of NFC mobile debit solutions in Norway. “The licensing agreements will help enable BankAxept to deliver a secure and cost-effective contactless POS solution in Norway as well as provide documentation and software that will position BankAxept to offer a broad range of mobile payment solutions,” Interac says. “BankAxept is the first client to license Interac payment solutions internationally.”
June 2nd, 2016
The value of contactless payments made by Canadian consumers increased by around C$30bn (US$22.8bn) in 2015, on the back of more than 1.2bn transactions, Technology Strategies International reveals. “Only about one in six people who own contactless payment options do not use them,” says the company’s president Christie Christelis. “People are using their contactless payment cards more and more frequently, approaching three times a month on average.”
June 1st, 2016
Customers of Canada’s TD Bank, Scotiabank and BMO Bank of Montreal can now make in-store and in-app payments using Apple Pay. TD Bank and Scotiabank announced that they would be supporting Apple Pay last month, but “the three major banks’ launch is coming sooner than anticipated,” says the Financial Post. Apple Pay launched in Canada with the support of American Express alone in November 2015.
May 17th, 2016
Canadian open NFC mobile wallet provider Ugo has added a host card emulation (HCE) based solution to its Ugo Wallet and is using tokenization technology from Visa for the service. The company confirmed to NFC World in…
May 11th, 2016
Canadian banks that announced their support for Apple Pay earlier this week have received “slightly more favourable terms than US financial services firms,” according to the Financial Post. “While Apple will receive 0.15 per cent or 15 basis points on credit transactions — comparable to the widely reported figure for Apple Pay in the US, which works out to 15 cents for every $100 purchased — a lower fee of four basis points will be applied to credit transactions after an annual payment of 50 cents per card,” the publication reports. Apple Pay launched in Canada in November last year.
May 10th, 2016
TD Bank and Scotiabank will soon support Apple Pay in Canada, following the announcement that MasterCard, Visa, Interac and five other banks have also added their support to the mobile payment service. Apple Pay launched in Canada with the support of American Express alone in November 2015.
May 10th, 2016
PARTNER NEWS: Canadian national debit network Interac is using its Interac Token Service Provider (TSP) platform to support Apple Pay transactions made using its debit cards in Canada. The TSP solution was developed in partnership with tokenization and mobile payment specialist Bell ID in February 2016 and “[allows] Interac to support Apple Pay integration with secure tokenisation services,” Bell ID says. Support for Interac debit cards through Apple Pay went live on May 10.
May 10th, 2016
Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada and BMO Financial Group.
May 3rd, 2016
Apple Pay will be expanding to Visa and MasterCard in Canada by May 10, “barring any unforeseen circumstances,” iPhone in Canada reports. “As for Canadian bank support, we’re told at least two of the Big 5 banks will support Apple Pay,” the publication adds. Apple Pay went live in Canada for American Express cardholders in November 2015.
April 27th, 2016
Customers of Canada’s Tangerine Bank can now log into its mobile banking app for iOS by authenticating themselves with their iris or voice. The bank is using technology supplied by EyeVerify and Nuance’s VocalPassword for the service, which will be supported on the Android platform in the coming months.
April 27th, 2016
Apple Pay is now signing up 1m new users per week, Apple CEO Tim Cook revealed during the company’s second quarter earnings call. “Apple Pay is growing at a tremendous rate with more than five times the transaction volume of a year ago and 1m new users per week,” Cook told investors. “More expansion of Apple Pay is coming soon.” The mobile payment service is currently live in the US, UK, Canada, Australia, China and Singapore.
April 25th, 2016
PARTNER NEWS: Transaction technology provider Carta Worldwide, PayPal and Vodafone have won the ‘International Program of the Year’ award for Vodafone Wallet at the PX Payments Awards in Canada. “This is the second award win for the new Vodafone Wallet,” Carta says. “In February, the wallet won ‘Best Initiative in Mobile Payments’ at the 2016 Card & Payments Awards.” Vodafone Wallet enabled NFC mobile payments for European users through PayPal in February 2016.
April 21st, 2016
Customers at Joey Restaurants across the US and Canada can now pay with their iPhones using a new Joey Pay mobile app. “The guest inputs the six digit code located at the bottom of their bill in the app,” the chain says. “From the app, guests have the ability to pay with multiple credit cards or Joey gift cards within their profile. Guests receive a message letting them know payment was successful.”
April 19th, 2016
Apple Pay has begun rolling out across Singapore, letting consumers pay in store with compatible Apple devices and make purchases within participating mobile apps using their American Express cards, with support from Visa expected “soon”….
April 14th, 2016
The number of contactless transactions made in Canada increased 14.71% in the first quarter of 2016 compared to Q1 2015, with the total amount spent rising by 108.84%, research by Moneris reveals. “Comfort on the part of consumers coupled with the payment infrastructure we have built here in Canada sets us up well to take advantage of the new mobile payment options entering the market,” says the company’s Angela Brown.
April 14th, 2016
Canadian consumers can now accept payments by having a contactless card tapped against their NFC phone using PayMeTap, a P2P payments app developed by Mobeewave. After entering the amount to be paid, “the only action required is to tap the card you want to charge to your phone and money is deposited in your account within 48 hours,” the company says. “The person making the payment doesn’t need to be signed up to the service.”
March 24th, 2016
Canadian financial services provider BMO Financial Group is to enable its customers to use MasterCard’s Identity Check mobile app to verify their online transactions via face recognition and fingerprint biometrics. In the first phase of the…