Canadian firms claim NFC first

Canadian firms claim NFC first

28 MAR 2013

Interac Association, which operates Canada’s debit card system, has completed what it claims is the country’s first debit transaction via NFC.

The demonstration was run in partnership with McDonald’s, the RBC Royal Bank, payment provider Moneris Solutions and BlackBerry, which supplied the NFC-based handsets used in the demo.

No mobile operator was involved, although the first NFC-based credit card transaction was carried out last November when Rogers Wireless, the country’s largest operator, launched its Suretap service in partnership with local bank CIBC.

Interac says a wider rollout of its mobile payments system will take place later this year.

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...

Read more

Related

Tags