President's Choice Financial® Offers another Digital Payment Option with Android Pay

TORONTO, May 31, 2017 /CNW/ - (TSX:L) - President's Choice Bank, a subsidiary of Loblaw Companies Limited, announced today that it has teamed up with Google to be one of the first financial institutions to launch Android Pay in Canada.

"We're pleased to offer PC Financial Mastercard customers with an exciting new way to pay," says Barry Columb, President, PC Bank.  "PC Bank is about making banking and payments better and simpler and the convenience of Android Pay adds nicely to that promise."

With Android Pay, customers can use their Android phones to make purchases in stores and in apps with their PC Financial® Mastercard®. It offers a fast, simple and secure way to use a card to buy items in-app or in-store—all without pulling out a physical wallet. Android Pay doesn't share your actual credit or debit card number with the merchant when you pay in stores, and uses a virtual account number to represent your card instead. Android Pay works with NFC-enabled Android devices and tablets running KitKat (4.4) or higher.  

"We're excited to bring the simplicity and security of mobile payments to Android users in Canada," says Pali Bhat, VP, Payments, Google.  "Starting today, Canadian shoppers will be able to use Android Pay at hundreds of thousands of contactless payment terminals across Canada."

Android Pay is a simple way to pay on a mobile device, offering customers another convenient and secure way to pay. Android Pay is available in all Loblaw corporate and franchise grocery stores, and Shoppers Drug Mart.

About President's Choice Financial
President's Choice Financial® services are a unique financial service offering designed by Loblaw Companies Limited. President's Choice Bank provides the President's Choice Financial® MasterCard®, while the direct banking division of CIBC provides banking services. For more information visit www.pcfinancial.ca or follow us on Facebook, Twitter @pcfinancial and YouTube.

About Loblaw Companies Limited (TSX: L)
Loblaw Companies Limited is Canada's food and pharmacy leader, the nation's largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, banking, and wireless mobile products and services. With more than 2,300 corporate, franchised and Associate-owned locations, Loblaw, its franchisees, and Associate-owners employ approximately 192,000 full- and part-time employees, making it one of Canada's largest private sector employers. Loblaw's purpose - Live Life Well - puts first the needs and well-being of Canadians who make one billion transactions annually in the companies' stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,050 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at more than 1,250 Shoppers Drug Mart® and Pharmaprix® locations and more than 500 Loblaw locations; PC Financial® no-fee banking; affordable Joe Fresh® fashion and family apparel; and three of Canada's top consumer brands in Life Brand®, no name® and President's Choice®. Through the PC Plus™ and Shoppers Optimum® loyalty programs, more than one in every three Canadians are rewarded for shopping with the companies.

SOURCE President's Choice Financial

For further information: Press Contact: Lana Gogas, Corporate Affairs & Communications, PC Financial, Lana.gogas@pcbank.ca

RELATED LINKS
http://www.pcfinancial.ca

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