BlackBerry inks NFC m-payments deal with Canada's EnStream
13 June 2014 | 5447 views | 0
BlackBerry has struck a three year deal with Canadian telco-owned mobile payments joint venture Enstream to provide a secure platform for transactions between banks and their customers.
Under the agreement, EnStream - which is owned by Bell, Rogers and Telus - will use BlackBerry's infrastructure to enable banks and mobile operators to securely provision sensitive payment card credentials into any handset capable of near field communication.
The deal, which builds on a 2012 agreement between EnStream and BlackBerry, will see the technology used by Royal Bank of Canada, TD Bank Group, CIBC and Desjardins.
John Sims, president, global enterprise services, BlackBerry, says: "BlackBerry has proven through our decades of experience in enterprise mobility that we have the ideal infrastructure and security capabilities to protect users' data when new capabilities such as mobile payments emerge."
Almis Ledas, COO, Enstream, adds: "We expect most major Canadian banks and mobile operators to connect through this platform to meet consumer demand for efficient and safe digital transactions."