28 September 2016
Find out more

Canada's mobile operators to establish m-payments system

09 November 2005  |  8673 views  |  0 mobile

Canada's national wireless service providers, Bell Mobility, Rogers Wireless and Telus Mobility, are teaming up to launch a standardised system for mobile payments.

The jointly-owned venture, called Wireless Payment Services, is aiming to establish a commercial m-payments service in Canada within the next year that will be used by subscribers of all the participating mobile phone networks.

Jeff Chorlton, president of Wireless Payment Services, says the company's mandate is to develop standardised, secure and easy-to-use mobile payment capabilities that work with existing debit and credit systems offered by Canada's financial institutions and across all national Canadian wireless carriers".

The m-pay system will be based on text and multimedia messaging and Wi-Fi Hotspot services developed by the three telecoms firms.

The initial phase of the project will allow pre-paid mobile users to purchase top-ups with their debit or credit cards. Phase two will look at additional opportunities for enabling mobile users to make purchases using their hand sets.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Société Générale selects Atos Origin to manage mobile top-up service

Société Générale selects Atos Origin to manage mobile top-up service

07 November 2005  |  5128 views  |  0 comments
European m-payments scheme SimPay collapses

European m-payments scheme SimPay collapses

27 June 2005  |  11036 views  |  0 comments
Consumers ready for m-commerce

Consumers ready for m-commerce

19 May 2005  |  7770 views  |  0 comments
M-commerce market to grow to $40bn by 2009

M-commerce market to grow to $40bn by 2009

06 October 2004  |  8606 views  |  0 comments
Flakey infrastructure impeding mobile commerce

Flakey infrastructure impeding mobile commerce

28 September 2004  |  4116 views  |  0 comments
M-payments set to increase to $20 billion by 2005 - Arc Group

M-payments set to increase to $20 billion by 2005 - Arc Group

13 February 2003  |  5522 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Visit colt.netVisit VocaLink.comFind out more

Who is commenting?

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
14148 views comments | 55 tweets | 48 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
8841 views comments | 33 tweets | 17 linkedin
Banks clubbing together to tackle KYCBanks clubbing together to tackle KYC
7699 views comments | 3 tweets | 8 linkedin
Brexit offers exciting opportunities for growthBrexit offers exciting opportunities for g...
7561 views comments | 4 tweets | 3 linkedin
FCA to kickstart sandbox with 24 applicantsFCA to kickstart sandbox with 24 applicant...
7228 views comments | 33 tweets | 15 linkedin