Bell and RBC have announced they are set to launch their own secure mobile payments solution, to allow customers make credit or debit purchases with their compatible Bell Mobility smartphones.
“RBC is excited to team up with Bell to provide our mutual clients with an integrated mobile solution for debit and credit payments,” said Dave McKay, Group Head, Personal and Commercial Banking, RBC Royal Bank. “This is the first piece of a broad RBC mobile commerce solution rolling out to clients this year, all delivering the great, robust user experience and the security that RBC is known for.”
The new payments solution will be built into existing RBC mobile banking apps and “will appear as an additional option on the home screen”. There is no reference to how this will work on Android or iPhones.
Also, both companies note by the end of 2013, customers will be able to pay for transactions with their RBC debit or credit cards with the following devices: BlackBerry Z10, Q10, Bold 9900, Bold 9790, Curve 9360; plus Android OEMs Samsung, Sony, HTC, LG and more.
RBC and Bell say this will be an NFC SIM payment solution to NFC-capable devices, which is similar to what was announced earlier this year by Rogers and CIBC with their suretap payment solution. Road testing this new mobile payments solution will start this summer and the service will be available by the end of the year.
Last July it was reported RBC was set to launch a mobile wallet in the fall, but it appears that has been delayed until this year. Who’s excited for this?