TORONTO, Aug. 12, 2013 /CNW/ - Mobile commerce venture EnStream and
Desjardins Group, a cooperative financial group in Canada with assets
over $200 billion, today announced they have signed an agreement that
will enable Desjardins members and clients to download payment cards to
NFC enabled smartphones on the Bell, Rogers, TELUS, MTS and SaskTel
mobile networks coast to coast.
EnStream's secure standards-based platform for NFC (Near Field
Communication) designed in collaboration with Canada's wireless
providers simplifies the delivery of credentials for financial
institutions, card issuers and others. EnStream allows Desjardins to
focus on the development of its own branded banking apps and growing
customer adoption - without the added time and costs required to ensure
compatibility with different wireless networks.
"EnStream's platform works seamlessly across Canada's financial
institutions and wireless providers," said Almis Ledas, COO of
EnStream. "This gives credit, debit, loyalty and other card issuers the
ability to securely deliver credentials to all enabled smartphones in
Canada through a single service and business relationship. Since the
solution is hosted and operated by BlackBerry, we offer issuers the
security and reliability that BlackBerry has come to stand for."
"EnStream's standardized platform ensures financial institutions like
Desjardins are able to offer the maximum number of customers a secure
means to make mobile transactions from their smartphones, regardless of
which wireless operator they use," said Wade Oosterman, President of
Bell Mobility and Residential Services, and Chief Brand Officer at
"EnStream also plays an important aggregator role to enable the delivery
of other credentials to the smartphone, such as loyalty cards, transit
passes and identity credentials," added David Robinson, Vice President
of Emerging Business for Rogers.
"From an overall industry perspective, EnStream reduces industry
complexity and costs; once integrated into its platform, an issuer is
able to leverage Enstream to access the secure element services of all
its member operators," notes Drazen Lalovic, VP Market Planning of
Created to deliver secure and reliable payment capability over mobile
handsets, EnStream LP will deliver a common mobile commerce interface
between Canada's mobile carriers and the Canadian ecosystem for NFC
(Near Field Communication) transactions.
EnStream will revolutionize the way Canadians interact when they make
purchases with their debit, credit and gift cards, collect loyalty
rewards and access their identification. EnStream will simplify
transactions, replacing the need to carry plastic cards with efficient
storage of individual credentials in mobile devices. EnStream is a
joint venture of Bell, Rogers and TELUS.
SOURCE: ENSTREAM LP
For further information:
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