TELUS to launch its m-payment service

Friday 31 January 2014 10:18 CET | News

Canadian telecommunications company TELUS is set to launch its mobile payment service, an online media outlet reports.

According to the source, TELUS’s ‘NFC Mobile Payments’ option will go live on February 4th and its launch partner will be Canadian financial institution CIBC.

The solution will enable users to purchase small ticket items with an NFC-enabled smartphone.

Customers will need to have a CIBC credit card and the CIBC mobile payment app. The solution will be available at any merchant that has a MasterCard PayPass or Visa PayWave point of sale.

In August 2013, provider of dynamic discounting and self-service vendor portals Taulia entered a strategic agreement with TELUS.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: TELUS, m-payment, service, mobile payment, CIBC, Canada, telecommunications company, MasterCard PayPass, Visa payWave
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce