BlackBerry strikes payments platform deal with Canadian operators

BlackBerry strikes payments platform deal with Canadian operators

16 JUN 2014

BlackBerry has struck a three-year agreement to supply a secure platform to Enstream, a m-payment joint venture between Canada’s three largest operators.

The platform is designed to support financial transactions between the country’s leading banks and consumers.

Enstream is owned by Bell, Rogers and Telus.

The move is part of BlackBerry’s ongoing recovery strategy, returning to its roots as a business serving enterprises.

Banks including Royal Bank of Canada, TD Bank, CIBC and Desjardins as well as the operators will use the platform to provision payment card credentials onto consumers’ NFC-supporting smartphones.

“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,” said John Sims, president of global enterprise services, BlackBerry.

“EnStream, with BlackBerry, is already serving a number of banks and mobile operators, and is becoming a hub for payment credential delivery to smartphones in Canada,” said Almis Ledas, chief operating officer, Enstream.

“We expect most major Canadian banks and mobile operators to connect through this platform to meet consumer demand for efficient and safe digital transactions.”

Mobile payments is one of the areas targeted by BlackBerry as it seeks firmer ground. The company has previously launched BBM Money in Indonesia, which enables users to send and receive cash via the messaging service.

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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