Gives CIBC clients more choices for paying with their phone,
offers Bell customers access to the most mobile payment apps
from Canadian banks
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