Canada's largest bank and Canada's largest communications company to
offer efficient and secure mobile way to purchase goods and services
with credit and debit
MONTREAL AND TORONTO, May 9, 2013 /CNW Telbec/ - RBC and Bell today
announced the upcoming availability of an easy, fast and secure way for
RBC mobile banking customers to purchase goods and services with debit
or credit by simply using their compatible Bell Mobility smartphones.
"RBC is excited to team up with Bell to provide our mutual clients with
an integrated mobile solution for debit and credit payments," said Dave
McKay, Group Head, Personal and Commercial Banking, RBC Royal Bank.
"This is the first piece of a broad RBC mobile commerce solution
rolling out to clients this year, all delivering the great, robust user
experience and the security that RBC is known for."
The new mobile payments solution will be seamlessly integrated into
RBC's existing mobile banking app and will appear as an additional
option on the home screen, together with RBC's peer-to-peer solution
that offers a simple way for an RBC customer to send money to any
person or business in Canada.
By the end of this year, RBC and Bell Mobility customers will be able to
securely pay for transactions with their RBC debit or credit cards
using the BlackBerry Z10, Q10, Bold 9900, Bold 9790 or Curve 9360, and
a range of Android devices from manufacturers such as Samsung, Sony,
HTC, LG and more.
"Canada's largest banking institution and Canada's largest
communications company are working closely together to ensure
reliability, security and ease of use in mobile commerce," said Wade
Oosterman, President of Bell Mobility and Residential Services, and
Chief Brand Officer at Bell. "With RBC and Bell, mobile commerce just
The two companies expect to make the service broadly available by the
end of the year and will be road testing the solution with consumer and
merchant customers over the summer.
In the development of their solution, RBC and Bell are adhering to all
major card association regulations, international interoperability
standards developed by the mobile GSM Association, as well as
established security and interoperability standards ensuring the
transaction receives similar safety and customer protection for
unauthorized use to a traditional credit card. Data is stored securely
on NFC SIM cards certified by major credit card providers to their
international security standards. In future, Bell will make NFC SIM
cards available to all NFC-capable devices.
About RBC and Payments Innovation
RBC is at the forefront of payments innovation to the Canadian
marketplace. We provide industry-leading mobile banking flexibility and
convenience to clients through RBC Mobile Apps - available for Android, BlackBerry, iPhone, iPod Touch and iPad -
backed by our RBC Online Banking Security Guarantee. Further information about RBC mobile solutions is available at www.rbcroyalbank.com/mobile. RBC is one of North America's leading diversified financial services
companies, providing personal and commercial banking, wealth management
services, insurance, investor services and wholesale banking on a
global basis. We employ approximately 80,000 full- and part-time
employees who serve more than 15 million personal, business, public
sector and institutional clients through offices in Canada, the U.S.
and 49 other countries. For more information, please visit rbc.com.
RBC supports a broad range of community initiatives through donations,
sponsorships and employee volunteer activities. In 2012, we contributed
more than $95 million to causes worldwide, including donations and
community investments of more than $64 million and $31 million in
Bell is Canada's largest communications company, providing consumers and
business with solutions to all their communications needs. Bell Media
is Canada's premier multimedia company with leading assets in
television, radio and digital media. Bell is wholly owned by Montréal's
BCE Inc. (TSX, NYSE: BCE). For more information, please visit Bell.ca.
The Bell Let's Talk mental health initiative is a national charitable
program that promotes Canadian mental health across Canada with the
Bell Let's Talk Day anti-stigma campaign and support for community
care, research and workplace best practices. To learn more, please
SOURCE: Bell Canada
For further information:
RBC Corporate Communications
Bell Media Relations