TORONTO and MONTREAL, June 18, 2014 /CNW Telbec/ – CIBC and Bell today announced an agreement to launch the CIBC Mobile Payment App on Bell smartphones in the coming weeks. CIBC was the first bank in Canada to
deliver a mobile payment app to clients, and this expansion gives CIBC
clients more choices for making everyday purchases with their
smartphone, while giving Bell customers the widest selection in mobile
payments from Canadian banks.
“Our clients want the opportunity to pay with their phone at their
favourite retailer, and today’s announcement with Bell means that we’re
putting this innovative technology into the hands of more CIBC
clients,” said Todd Roberts, Senior Vice President, Payments Strategy
and Innovation, CIBC. “We believe 2014 will be a pivotal year for
growth in mobile payments and we continue to invest in our leadership
in this important market, including building strong relationships with
wireless providers to make it easy for our clients to bank where, when,
and how they like.”
“Canada’s fast growing mobile payment ecosystem is built around advanced
wireless networks, a strong and innovative banking sector, and a
national retail environment with more contactless sales terminals than
almost any other country,” said Wade Oosterman, President of Bell
Mobility and Chief Brand Officer for Bell. “The addition of the CIBC
Mobile Payment App offers Bell customers the most mobile payment
choices available, and it’s yet another way to take advantage of Bell’s
world-leading 4G mobile networks and smartphones.”
Protected by multiple passcodes and with information stored safely on
the smartphone’s encrypted NFC SIM card, mobile payments are a secure
way to make everyday purchases. Mobile payments using NFC (near field
communications) technology are already accepted at thousands of popular
retailers across Canada for purchases under $100.
The CIBC Mobile Payment App will be available to Bell Mobility customers
for free download in the coming weeks from Google Play and BlackBerry
World. CIBC clients will be able to use the app on the following
devices:
Samsung Galaxy S4, Samsung Galaxy S III, Samsung Galaxy Note II, HTC One
(M7), BlackBerry Q10, BlackBerry Z10, BlackBerry Bold 9900.
For more information, please visit cibc.com/mobile or Bell.ca/MobilePayments.
About CIBC
CIBC is a leading North American financial institution with nearly 11
million personal banking and business clients. CIBC offers a full range
of products and services through its comprehensive electronic banking
network, branches and offices across Canada, and has offices in the
United States and around the world. You can find other news releases
and information about CIBC in our Press Centre on our corporate website
at www.cibc.com.
About Bell
Bell is Canada’s largest communications company, providing consumers and
business customers with wireless, TV, Internet, home phone and business
communications services. Bell Media is Canada’s premier multimedia
company with leading assets in television, radio and digital media.
Bell is wholly owned by Montréal’s BCE Inc. (TSX, NYSE: BCE). For more
information, please visit Bell.ca.
Bell Let’s Talk promotes Canadian mental health with national awareness
and anti-stigma campaigns, like Clara’s Big Ride for Bell Let’s Talk
and Bell Let’s Talk Day, and significant Bell funding of community care
and access, research, and workplace initiatives. To learn more, please
visit Bell.ca/LetsTalk.
SOURCE Bell Canada
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