Canadians should now be able to send and receive money securely with their mobile devices. How? With a new money transfer service called Zoompass of course! The new service has been launched by mobile payment vendor EnStream.
EnStream is jointly owned by the ‘big 3’ in Canada; Rogers, Bell and Telus. The companies wanted to collaborate to bring together a money transfer solution for customers on all networks (it will work on all sub-branded networks as well… I’m talking Fido, Solo and PC Mobile here).
President of EnStream Robin Dua commented:
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. 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?”
Every Zoompass transaction will be PIN protected, and all sensitive information is stored on secure servers… so even if you’ve lost your mobile device, there is no need to worry about your critical financial info getting into the wrong hands.
Zoompass will be officially unveiled at the 2009 Canadian Telecom Summit in Toronto this week.
[Via: Cellular-News]