Canada – Leading the World in Mobile Payments
Consistent with our history of early adoption of new technologies such as the Internet, debit cards, EMV, smartphones and contactless cards, Canada is once again leading the way in paying with your phone. And EnStream is key to this success, as the hub connecting the players together.
Canada’s ‘Big Three’ wireless carriers, Bell, Rogers and TELUS, along with MTS and SaskTel together provide over 99% of Canada’s population with the ability to ‘pay with their phone,’ as do five of Canada’s six largest financial institutions: CIBC, Desjardins, RBC, Scotiabank and TD – together representing 85% of Canada’s retail banking customers. Others are coming soon.
Equally important, over 84% of major Canadian retailers already have the required NFC contactless terminals.
EnStream provides the one-stop end-to-end ‘hub’ solution for most of these connections. EnStream’s solutions, incorporating leading global suppliers such as BellID® from the Netherlands and Canada’s own BlackBerry™, securely deliver payment credentials to NFC-enabled smartphones. They meet the GlobalPlatform™ standards and are fully Visa and MasterCard certified.
EnStream is proud to be part of this Canadian success story, and is now actively looking at opportunities to carry our flag abroad.