
CIBC, Rogers launch NFC mobile payments

CIBC and Rogers Communications have completed the first point-of-sale mobile credit card transaction in Canada using a secure SIM card inside an NFC-enabled smartphone. This new way to pay will be available to CIBC credit card clients using a Rogers smartphone, allowing them to pay for everyday purchases by holding their smartphone up to a Visa payWave or MasterCard PayPass contactless payment terminal at merchants across Canada. As the rollout to clients begins, the new CIBC Mobile Payment App will initially be available on two smartphones on the Rogers mobile network, the Blackberry Bold 9900 and Blackberry Curve 9360, beginning 16 November. NFC SIM cards are required to access the service on Rogers Suretap ready devices, which can be ordered online. Additional Suretap-ready devices will support the service in 2013, including Android and Windows Phone 8 platforms.
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