RBC has launched their own mobile wallet platform, announced yesterday and known as the RBC Wallet, available first on Android smartphones such as the Samsung Galaxy SIII and S4, using NFC-enabled SIM cards on the Bell network. Both companies previously announced their mobile wallet plans last May.
RBC says they are the first Canadian financial institution to offer the choice of using debit or credit for their mobile payments. RBC Wallet will work at any contactless payment terminal such as Interac Flash or Visa PayWave.
Will RBC Mobile Wallet Reach the iPhone?
We reached out to RBC to ask whether Apple iPhone users could expect RBC Wallet anytime soon. Linda Mantia, executive vice-president, Cards & Payment Solutions at RBC sent us the following statement via email:
“We will continue to make enhancements and add to the RBC Wallet. Our vision is for this solution to work on all devices, with all carriers, all financial institutions, all merchants and with value-added solutions.”
You may recall earlier Rogers and CIBC launched their own mobile wallet solution called suretap, similarly based on NFC SIM cards. Rogers clarified there were no plans for suretap to hit the iPhone based on the lack of NFC capabilities.
TELUS also reportedly has plans to launch their own mobile wallet soon, but we have yet to see anything come to fruition.