Video B-Roll via Satellite - RBC and Visa to launch mobile phone payment pilot



    TORONTO, Nov. 1 /CNW/ - The following B-Roll is available at the listed
times and co-ordinates:

    On-Demand Coordinates /URL available from9:00AM ET, Thursday, November 1,
2007
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    http://cnw.pondeserver.com/story_details.asp?fn=149

    STORY SUMMARY: TORONTO, November 1, 2007 - RBC and Visa Canada are
teaming up to be the first in Canada to pilot a mobile payment service that
uses cellphones rather than traditional credit cards for making Visa
purchases. This Ontario-based pilot is expected to be completed in 2008, and
involve multiple phases including in-lab testing, an RBC staff pilot and a
consumer trial. As part of the pilot, mobile devices will be embedded with
Near Field Communication (NFC) contactless chips that will enable users to
make purchases using the Visa payWave feature just as they would with a
contactless payment card.

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