Mobile payments method chosen by RIM receive Visa’s nod

blackberry mobile payments visa

BlackBerry technology will build on the EnStream joint wireless network venture in Canada.

Research In Motion (RIM) has announced that it has just received its mobile payments method approval from the Visa credit card system due to its ability to securely handle the processes and transactions.

This green light is considered to be a significant step forward for the BlackBerry device manufacturer.

What it means is that it is considerably closer to being able to offer support to any device that is using the mobile payments technology from RIM. It also means that the EnStream joint venture – the initiative set forward by the largest three wireless networks in Canada – will be that much larger.

The BlackBerry device has a strong reputation for security that complements mobile payments needs.blackberry mobile payments visa

These devices are known for being very secure, which has made them a leading choice for law enforcement, military, government, and business customers worldwide. Now, the company hopes that this reputation, combined with strong mobile payments capabilities and a release of a new BlackBerry generation will help it to claw its way back into the share that it has previously lost to smartphones based on Android and iOS.

The BlackBerry 10 product line has been officially scheduled for launch on January 30, 2013. The Secure Element Manager (SEM) technology within these devices has been described by RIM as being a way to provide networks with the ability to manage all forms of smartphone and tablet that are equipped to use NFC close range wireless mobile payments technology.

EnStream is a joint mobile payments venture among the Canadian wireless networks from Rogers Communications, BCE’s Bell, and Telus. It has already started the deployment of its services within Canada using the SEM technology from RIM. According to a senior director responsible for these services at RIM, Frank Maduri, “The approval from Visa of RIM’s SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions.”

The mobile payments senior director went on to say that “We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa.”

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.