This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Rogers To Deliver First Mobile Wallet From Canadian Carrier

suretap™ wallet will include a co-branded virtual Rogers Prepaid MasterCard and Gift Cards from national retailers

Approximately one third of Canadian smartphone owners made a mobile payment in the past year

TORONTO, Nov. 7, 2013 /CNW/ - Rogers announced today that its suretap wallet, the first mobile wallet from a carrier in Canada, will be available to customers in the coming weeks. suretap wallet will be available on select NFC-enabled smartphones and will offer a co-branded virtual Rogers Prepaid MasterCard and gift cards from select national retailers as the first cards available for download.

"The arrival of our mobile wallet is a major step towards our vision of a mobile experience, where Canadians will quickly and securely access cards they carry in their physical wallet on their smartphone," said David Robinson, Vice President of Emerging Business at Rogers. "We have built a strong foundation to deliver financial services and mobile commerce solutions, and we will continue to deliver mobile payments experiences that are beneficial for consumers and retailers across Canada."

Rogers has entered into various strategic relationships within the mobile payment industry, including officially joining forces with MasterCard Canada through a multi-year strategic agreement to support innovation and drive adoption of mobile payments technology across Canada. Through these initiatives, customers who download the suretap Wallet will have the ability to add a co-branded virtual Rogers Prepaid MasterCard that can be loaded with funds to use at their favourite retailers across Canada.

The suretap wallet will deliver a secure mobile payment experience, safely storing payment card information and passcodes on the secure SIM card in select NFC-enabled smartphones. Customers will have access to additional features within the suretap wallet including gifting of gift cards, reloading of prepaid cards, the ability to check account balances, view recent transactions and use location services to find contactless payment terminals nearby. In the near future, additional cards will become available for download including payment cards from multiple banks and payment networks and loyalty cards.

"We designed the suretap wallet to deliver a secure mobile payments experience, with an emphasis on the end user and features which enable our customers to take advantage of all the capabilities of today's smartphones," said Jeppe Dorff, Vice-President, Transaction Services. "We see this milestone as the first in a series of innovative transactional services we will be offering to our customers in the coming years".

Last year, Rogers facilitated the first point-of-sale mobile credit card transaction in Canada with CIBC, using the secure SIM card inside an NFC-enabled smartphone. Since then, Canadian's attitudes towards mobile payments have evolved. According to new Rogers commissioned research from Harris Decima, approximately one third of Canadian smartphone owners have made a mobile payment in the past year and the majority believe mobile payments will save them time in their day.

Additional findings include:

  • Canadians with NFC-enabled smartphones are quick to adopt mobile payment technology. Over half (51%) of NFC-enabled smartphone users stated that they made a mobile payment in the past year.
  • Generation Y is leading the mobile wallet revolution. Almost half (46%) of Generation Y admitted to making a financial transaction using their smartphone in the past 12 months.
  • Canadians want more information about mobile payments. Almost half (47%) of Canadian smartphone owners want more information on how to use mobile payments.
  • Canadians want mobile payments to be tied to loyalty programs. Almost half (46%) of Canadian smartphone owners would be more likely to use mobile payment applications if a loyalty program were tied to the payment.
  • Canadians believe mobile payments could save them over 18 hours a year (over 3 minutes a day). The majority (51%) of Canadian smartphone owners estimate that they could save time by using a mobile payment app with an average time-savings of over three minutes a day.

suretap wallet will be available for download in the coming weeks on select Android and BlackBerry devices. To learn more about the suretap services, compatible devices and to order a suretap-ready SIM Card, visit www.rogers.com/suretap.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,985.18 +65.59 0.39%
S&P 500 1,986.47 +4.87 0.25%
NASDAQ 4,528.1350 +0.6210 0.01%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs