NFC technology has lost its charm for RBC

Royal bank of Canada (RBC) mobile commerce platform

The Canadian bank is already looking to introduce cloud based transactions within the country. Though RBC and CIBC – two of the major Canadian banks – have already rolled out mobile payments services based on NFC technology, it seems that this trend may not have caught on fast enough for Royal Bank’s taste. Though the tech has barely had the opportunity to get off the ground, the bank is already moving on to something else. RBC has made an announcement that suggests that NFC technology may already be on its…

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Mobile payments expanding in Canada

Royal bank of Canada (RBC) mobile commerce platform

RBC and Bell intend to work together to launch a new secure solution across the country. The largest bank in Canada, RBC (Royal Bank of Canada) and Bell, the largest communications company in the country, have announced their partnership to start to provide efficient and secure mobile payments for using credit and debit to make purchases in participating stores throughout the nation. This announcement was for the upcoming availability of a service that they are calling secure, fast, and easy. The mobile payments service will be available to RBC debit…

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NFC technology based mobile payments debit transactions launched in Canada

Royal bank of Canada (RBC) mobile commerce platform

The country’s largest bank, RBC, has now debuted its touchless transaction service. Another bank has entered into the lucrative and yet highly competitive mobile payment environment as Interac has partnered up with the largest Canadian bank, the Royal Bank of Canada (RBC) in order to bring contactless debit transactions to consumers through NFC technology enabled smartphones. The service is expected to roll out for actual use by consumers “in the coming year”. The demonstration of this service was held by RBC at a McDonald’s restaurant located in downtown Toronto, Canada.…

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