17 August 2017
visit www.avoka.com

TD Canada Trust launches mobile payments service

14 May 2014  |  9477 views  |  1 Woman sitting in mall texting

TD Canada Trust has launched a mobile payment service which can be used across all three major Canadian wireless networks.

TD Mobile Payment is available on the Bell, Rogers, and Telus networks. The app uses Near Field Communication (NFC) to make contactless purchases with Android or BlackBerry mobile devices at Visa payWave merchant point-of-sale terminals.

TD claims its mobile app is the most downloaded banking app in Canada with more than two million users.

Rizwan Khalfan, senior vice president, digital channels, TD Bank, says: "We know our customers want more convenient ways to pay - our research shows that more than half of Canadians are already comfortable using their smartphones for everyday purchases. We've found that Canadians value a quick checkout, which made sense given the growth and popularity of our mobile app and the increasing number of retailers using NFC."

Comments: (1)

A Finextra member
A Finextra member | 14 May, 2014, 14:54

The TD Mobile Banking application is very, very good. Alas, having an iPhone does not allow me to try the Mobile Payment application. 

ps. time to mix up the stock photos! That was was used for the Vodafone story the other day....

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
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

RBC brings P2P transfers to Facebook Messenger

RBC brings P2P transfers to Facebook Messenger

11 December 2013  |  10133 views  |  1 comments | 14 tweets | 14 linkedin
PC Financial and TD Bank sign Canada's largest retailer for m-wallet, as Rogers launches suretap

PC Financial and TD Bank sign Canada's largest retailer for m-wallet, as Rogers launches suretap

07 November 2013  |  8195 views  |  0 comments | 9 tweets | 5 linkedin
RBC preps cloud-based mobile payments service

RBC preps cloud-based mobile payments service

18 July 2013  |  10351 views  |  0 comments | 13 tweets | 8 linkedin
CIBC Suretap comes to Android; Rogers gets nod for banking start-up

CIBC Suretap comes to Android; Rogers gets nod for banking start-up

10 May 2013  |  6975 views  |  0 comments | 5 tweets | 2 linkedin
From Facebook to voice recognition and biometrics, ING Direct plans mobile future

From Facebook to voice recognition and biometrics, ING Direct plans mobile future

21 March 2013  |  15722 views  |  2 comments | 30 tweets | 10 linkedin
Starbucks Android app arrives in Canada and UK

Starbucks Android app arrives in Canada and UK

11 July 2012  |  5561 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.dorsum.euvisit www.abe-eba.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10256 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9608 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9449 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8442 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7920 views comments | 1 tweets | 2 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job