Rogers & CIBC Launch New Mobile Payment Service : Digital Home

CIBC and Rogers used a downtown Tim Hortons shop to launch a new mobile wallet service on November 2nd.

The first purchase was made by Olympic gold medallist Simon Whitfield who paid for a coffee using the CIBC Mobile Payment App on a BlackBerry smartphone from Rogers.

To use the service, a secure SIM card is required inside a near field communication-enabled (NFC) smartphone. The customer holds their smartphone up to a contactless payment terminal and the amount is charged to their CIBC credit card.

via Rogers & CIBC Launch New Mobile Payment Service : Digital Home.

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