UGO Wallet extends mobile payments to more devices with Visa tokenization

TORONTO, May 17, 2016 /CNW/ - UGO Mobile Solutions L.P (UGO) today announced the launch of its Host Card Emulation (HCE) solution and the adoption of Visa's global standard tokenization technology for the UGO Wallet app for Android.

"By adopting these technologies we have improved the customer experience – making it easier and faster – when loading TD Visa credit cards into the UGO Wallet app," said Alec Morley, CEO of UGO. "This move also enables us to extend secure mobile payment functionality to more customers on more devices."

UGO Wallet, for Android devices running on operating system version 4.4 or higher, will now use encrypted tokens during mobile Visa payment transactions. This will provide a quicker and seamless experience for customers when adding eligible TD Visa credit cards and making purchases with their phone wherever contactless payment terminals are available.

And for additional convenience, a UGO Wallet widget will allow users to launch UGO Wallet mobile payments with one touch.

About UGO Wallet

UGO Wallet is Canada's first open digital wallet application. UGO Wallet brings the power of simplicity to everyday life by combining payment cards, loyalty cards, gift cards, membership cards, peer-to-peer (P2P) money transfers and receipt storage in one simple and secure application. UGO Wallet offers Canadians an easy way to shop, store receipts, transfer funds to friends and family, and participate in loyalty and membership programs, all on their smartphone.  www.ugo.ca

Android is a trademark of Google Inc.

SOURCE UGO Mobile Solutions L.P.

For further information: Media inquiries please contact: Katharine Ashworth, UGO Mobile Solutions, katharine.ashworth@ugo.ca

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UGO Mobile Solutions L.P.

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