CIBC Expands Mobile Payment App to BlackBerry Z10 and Q10 Smartphones

TORONTO, Oct. 31, 2013 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced an expansion of the CIBC Mobile Payment App to BlackBerry Z10 and Q10 smartphones on the Rogers wireless network, giving more Canadians the opportunity to pay for everyday purchases with their smartphone at the checkout counter.

"Our clients tell us they've enjoyed being among the first in Canada to be able to make everyday purchases at retailers with their mobile device," said Brenda Clark, Vice-President, Payments Innovation and Integration, CIBC. "We are excited to expand our CIBC Mobile Payment App to the BlackBerry Z10 and Q10 smartphones on the Rogers network, bringing this new payment experience to even more of our clients."

In November 2012, CIBC used a BlackBerry® Bold™ 9900 smartphone on the Rogers wireless network to become the first bank in Canada to complete a mobile credit card transaction using the secure SIM card inside an NFC enabled smartphone. The CIBC Mobile Payment App is also available on the Android OS through the Samsung Galaxy S3. Today's announcement represents another step in giving more Canadians a new way to pay for everyday purchases. Additional mobile devices will be added in the coming weeks.

Credit card payments using the CIBC Mobile Payment App are already accepted at thousands of retailers in Canada for purchases under $50 using the same technology used today to accept contactless credit card payments. With the app and a CIBC credit card, clients immediately have access to making mobile payments at some of the most popular retailers in Canada.

The app can be downloaded now from the BlackBerry® World™ storefront for clients using BlackBerry Z10 and BlackBerry Q10 smartphones on Rogers.

CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.

SOURCE CIBC

For further information:

Kevin Dove, Head of External Communications at 416-980-8835, kevin.dove@cibc.ca

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited.