TORONTO, June 15 /CNW Telbec/ - EnStream LP, a mobile commerce joint
venture company owned by Bell Mobility, Rogers and TELUS -- Canada's three
leading wireless operators, today launched Zoompass(TM), a breakthrough mobile
money transfer and payment service. Zoompass gives Canadians a fast and
convenient way to send and receive money securely using their mobile phone.
The service is enabled through the Zoompass application on the mobile phone
which combines an easy-to-use interface with an integrated contact manager
that redefines how users send and receive money. Zoompass is a better way to
pay than cash, cheque, or wire transfer.
"The launch of Zoompass represents an important milestone in financial
services that makes the mobile phone the central device consumers use to
transfer money and make purchases," said Robin Dua, President of EnStream.
"The Zoompass mobile service ushers in a new era in electronic payments that
addresses a growing desire to move money quickly and easily between friends,
family, and merchants."
Zoompass makes it easy to split a lunch bill, request money from parents,
collect sports team fees, solicit money for a co-worker's gift, or even pay a
babysitter - right from a mobile phone. With the groundbreaking launch of
Zoompass, Canadians nationwide can expect to hear more people ask one another
"Do you want me to Zoom you the money?"
Using a safe and secure Zoompass account, customers can link their
personal bank account or credit card to make loading and transferring money
simple and convenient. Customers can access Zoompass on their computer via the
Internet, from the mobile web, or by downloading the Zoompass application
right to their wireless phone. No matter how they choose to access Zoompass,
customers can manage their account 24/7, anytime, anywhere and transfer money,
request money, check their balance, review their transaction history and more,
all in real-time.
Canada's three largest wireless phone companies decided to collaborate
and launch the Zoompass service together with the vision that a common
standard and interoperability for mobile money transfers across all networks
would result in unprecedented convenience for consumers. The Zoompass service
is available to mobile users on the Bell Mobility, Rogers, and TELUS networks
as well as customers of their respective sub-brands and affiliates including
Fido, PC Mobile, and Solo Mobile. Consumers can visit www.zoompass.com to
enroll and start using the revolutionary money transfer service on their
Zoompass transactions run on a highly secure payment system and are
safeguarded by cutting-edge encryption technologies. During the registration
process, users must choose a secure Personal Identification Number (PIN).
Every Zoompass transaction is PIN-protected, making Zoompass a more secure
payment method than cash or cheque. Customer financial information is stored
on secure servers, not on the mobile phone, so even if the phone is lost or
stolen, the user's Zoompass account remains secure.
The Zoompass mobile application combines a powerful user interface design
and sophisticated features that allow users to send or request money with just
a few keystrokes. The Zoompass application interfaces with the address book on
select phones, allowing users to quickly send or request money from their
Another unique feature of the service is the ability for customers to
make secure purchases in stores and on the Internet using the balance in their
Zoompass account with the optional Zoompass Prepaid MasterCard(R) Card, issued
by Peoples Trust. The Zoompass Prepaid MasterCard is enabled with PayPass(TM)
technology which allows for contactless payments. To pay, customers simply tap
their Zoompass Prepaid MasterCard at PayPass-enabled terminals across Canada.
The Zoompass Prepaid MasterCard can be used at millions of locations worldwide
wherever MasterCard cards are accepted, including approximately 1.5 million
"We are thrilled to deliver on Canadians' increasing desire to transfer
money quickly and securely, and from anywhere, anytime," added Mr. Dua. "The
launch of Zoompass represents an important milestone towards developing a
mobile commerce ecosystem in Canada that provides users a convenient mode of
doing everyday transactions with their phone."
About EnStream LP
EnStream LP is a mobile commerce company working to bring
transformational wireless payment solutions to market together with its
carrier partners. With anytime-anywhere money transfers and payments
representing a new frontier of wireless services, EnStream's mandate is to
develop standardized, secure, and easy-to-use mobile commerce services that
work across Canadian wireless carriers and with existing credit, debit, and
prepaid capabilities offered by financial institutions. EnStream is a joint
venture company owned by Canada's three leading national wireless operators -
Bell Mobility, Rogers Communications Inc., and TELUS Corporation. The company
is headquartered in Toronto, Canada. For further information, please visit
EnStream and Zoompass are trademarks of EnStream LP. All other marks
contained herein are the property of their respective owners.
MasterCard is a registered trademark of MasterCard International
Incorporated. PayPass is a registered trademark of MasterCard International
The Zoompass Prepaid MasterCard(R) Card is issued by Peoples Trust
pursuant to license from MasterCard International Incorporated.
/NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
the CNW Photo Network and archived at http://photos.newswire.ca.
Additional archived images are also available on the CNW Photo Archive
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For further information:
For further information: Elayne Miles, EnStream LP, (416) 365-9000 ext.
223, Mobile: (416) 617-4506, email@example.com; LeeEllen Carroll,
Thornley Fallis Communications, Mobile: (613) 794-6868,