Square launches new contactless payment and chip reader in Canada

Canadian businesses will now have a faster, cheaper, and simpler way of implementing contactless payment systems. Square, Inc., a San Francisco, Calif.-based financial services, merchant services aggregator and mobile payment company, has launched

Published on: October 4th, 2017 Mandy Kovacs

Half of Canadians won’t be using cash by 2020, so how do we prepare for a digital future?

Paying for goods and services has increasingly moved from cash and coins to digital and mobile methods, and while this shift will only continue, security is a big concern for consumers, according to

Published on: October 3rd, 2017 Mandy Kovacs

American Express goes mobile-first with its new millennial-facing credit card

TORONTO - The Canadian arm of the American Express Co. is going mobile-first in more than one sense with its newest credit card offering. Executives with the company told ITBusiness.ca that when developing

Published on: September 27th, 2017 Eric Emin Wood

Fitbit Ionic smart watch to launch new mobile payments service

Fitbit is entering the mobile payments market with a branded feature called Fitbit Pay on its new Fitbit Ionic device hitting retail shelves this October, the firm announced on Monday. Similar to other

Published on: August 28th, 2017 Brian Jackson

How popular are mobile payments in Canada, anyway?

Only 12 per cent of Canadian smartphone owners have used their phones to make an NFC payment, according to Visa Inc. Numbers like that indicate mobile payment technology isn't catching on with Canadians

Published on: August 18th, 2017 Eric Emin Wood

Mobile payments catching on with Canadians, Google says [infographic]

One in three Canadians have already used their mobile device to buy something, Google Inc. says, and the evidence indicates mobile payments aren't abating in popularity anytime soon. In the below infographic, prepared

Published on: June 29th, 2017 Eric Emin Wood

It’s official – Android Pay is coming to Canada

The thousands of Canadian Android faithful who have no doubt gazed in envy at their iPhone-wielding rivals using Apple Pay at their favourite retailers had their prayers answered today, as Google Inc. officially

Published on: May 18th, 2017 Eric Emin Wood

Now you can buy vending machine snacks using your phone, thanks to Mastercard

Consumers who consider fishing for change, or even a credit card, too cumbersome a price to pay for a vending machine treat will love Mastercard Inc.'s newest mobile payments partner. Starting this week,

Published on: May 3rd, 2017 Eric Emin Wood

Esso stations to let Canadians pay at the pumps with new mobile app

Imperial Oil is launching the first mobile app that will allow Canadians to pay at the pump at 1,000 Esso stations across the country, it announced on Thursday. Canadians can pull up their

Published on: March 23rd, 2017 Brian Jackson

Mobile payment awareness rising, but Canadians need more incentive to use it: Accenture

Canadian consumers are becoming increasingly aware of mobile payments, but remain unlikely to adopt the technology unless they find it easier or more valuable to use than card-based systems, a new survey by

Published on: October 24th, 2016 Eric Emin Wood

Is this the financial industry’s ‘Uber moment?’

If you believe the hype, everything is being Uber-ized. But has financial technology had its Uber moment? That was the topic of discussion at one of the Economist Summit’s panels earlier this week

Published on: June 14th, 2016 Gary Hilson

Interac collaborates with IBM to introduce new secure digital payment service

As mobile payments - and the security risks associated with them - gain traction, the need to protect users' personal information grows too, a fact that hasn't escaped the notice of Canada's leading

Published on: February 22nd, 2016 Eric Emin Wood

New HP retail devices emphasize security, mobility

The growing power of the online consumer seems to be a recurring theme in the retail industry this week, with HP Inc. unveiling a series of products on Jan. 17 that when combined

Published on: January 18th, 2016 Eric Emin Wood

Apple Pay launches in Canada without cooperation from Canadian banks

Apple Pay launched in Canada Tuesday, allowing consumers to make purchases with their iPhones at the checkout in places like Tim Hortons, Indigo, McDonald’s, Petro Canada and Staples. But since Apple Pay's merchant partner is American Express, Apple Pay

Published on: November 17th, 2015 David Hamilton