Canada’s first mobile payment service Zoompass launches

 In mobile

I met Aran Hamilton at Mobile World Congress, and he could not tell me much about his current project, but he has been in touch to reveal that Zoompass is now live.  More from the release below – it looks really interesting.

Zoompass, Canada’s first mobile payment service is a new fast, safe, and convenient way for Canadians to send and receive money using their mobile phones.   It is the first product launched by EnStream LP, a mobile commerce joint venture company owned by Bell Canada, Rogers and TELUS – Canada’s three leading wireless operators.

Canada’s three largest wireless phone companies decided to collaborate and launch the Zoompass service together with the vision that a common standard and interoperability for mobile money transfers across all networks would result in unprecedented convenience for consumers.

Nadir Mohamed, President and CEO, Rogers Communications had this to say about the launch: “Today the industry announced something called Zoompass, a collaboration between the three players [Rogers, Bell Mobility, and TELUS].  These are early days, but they allow for people to exchange currencies, make payments between friends, between supplier and provider. It’s the beginning of something that’s going to revolutionise our industry.”

Zoompass makes it easy to split a lunch bill, request money from parents, collect sports team fees, solicit money for a co-worker’s gift, or even pay a babysitter – right from a mobile phone. If Canadians find that the service fits into their mobile lifestyle we can expect to hear more people ask one another “Do you want me to Zoom you the money?”

For more information, see www.GetZoompass.com and if you can get access to a Canadian mobile phone, or you are reading this in Canada, sign up for an account at www.Zoompass.com.

It is great to see the 3 Canadian operators getting together to launch a venture that can benefit 100% of the mobile population – we need to see this sort of collaboration in the UK around mobile payments and mobile advertising as well to move things forward.

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Based in London, Practical Futurist and former Global Managing Partner at IBM, Andrew Grill is a popular and sought-after presenter and commentator on issues around digital disruption, workplace of the future and new technologies such as blockchain. Andrew is a multiple TEDx and International Keynote Speaker.

  • Fred Frith

    They state that they are using NFC in the credit card and in the future NFC in a mobile phone. NFC is really RFID or Radio freqency identification.
    It is this same technology that is being proposed for your drivers license and passport. Claims that the cards, or phones, can only be read from a short distance are also false as distance’s of up to 20 meters have been accomplished with home made RFID antenna’s and readers. Have a view of this one consultant and his view on RFID tags and how easy it was for him to pick out numbers by simply driving around.
    http://hackaday.com/2009/02/02/mobile-rfid-scanning/
    The latest move with RFID is to add it to your phone so you are supposed able to swipe it at say Tim Horton’s for coffee payments. This could lead to all sorts of unauthorized intrusions with the potential for someone to access your mobile phone remotely or copy your credentials. This technology is not fool proof and is certainly not secure.