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Online News Archive

Editor: Leslee Mason email Leslee

This page will be updated bi-monthly. For current news, visit our home page

May-June 2011

PayPal study reveals most Canadians are comfortable with a cashless future

June 28, 2011 -- New market research conducted on behalf of PayPal Canada by Leger Marketing shows that 56 percent of Canadians are comfortable with never having to handle cash to make a purchase and many would prefer the use of a digital wallet to give money to others or pay for items when shopping. PayPal accounts have always provided digital wallet functionality. PayPal is Canada's most trusted digital wallet and provides its more than four million Canadian customers the ability to pay and get paid using their bank account, credit cards or PayPal balance from their computer, smartphone or virtually any Internet-connected device.

 

The Mobile Giving Foundation Canada partners with Videotron

June 28, 2011 -- The  Mobile Giving Foundation Canada (MGFC), in collaboration with the Canadian Wireless Telecommunications Association (CWTA), is pleased to announce a new partnership with Videotron that will offer customers of the wireless carrier the opportunity to support registered charities through text-to-donate initiatives. Videotron customers can now respond to a registered charity's call-to-action by texting a specific keyword to an assigned five-digit number to donate either $5 or $10, depending on the type of campaign.

 

Indigo brings MasterCard's PayPass technology to all stores

June 23, 2011 -- Indigo Books & Music Inc, Canada's largest book retailer, announced today a partnership with MasterCard Canada to roll out the acceptance of MasterCard PayPass contactless payment technology to all store locations across the country.

 

Visa makes cash access easier for tourists, visitors

June 21, 2011 -- Visa Canada  announced today it is partnering with members of the ATM industry to increase Visa acceptance at privately owned ATMs in   Canada, giving foreign visitors fast and easy access to cash when visiting   Canada. When the Visa brand mark is displayed on an ATM, Visa cardholders know they can access cash quickly, conveniently and securely.

 

Posera-HDX to acquire payment switch company, Cash 'N Go Ltd.

June 21, 2011 -- Posera-HDX Inc.has signed a letter of intent to acquire the payment switch company, Cash 'N Go Ltd. of Edmonton, Alberta for $450,000 subject to closing adjustments. The purchase price will be satisfied by the issuance of 1,000,000 Posera-HDX common shares at $0.45 cents, which will be subject to a 24 month hold period. No financing is required for this transaction and the parties to the transaction are at arm's length. HDX is listed on the TSX under the symbol "HDX".

 

Payfirma signs Sutton Group - West Coast Realty

June 17, 2011 -- Payfirma Corporation is proud to announce the signing of an exclusive contract with Sutton Group – West Coast Realty, Canada’s largest real estate brokerage firm with over $8.4 billion in transactions in 2010 and 1,700 REALTORS® and growing.

 

Scotiabank wins Model Bank award for mobile banking

June 16, 2011 -- Scotiabank's Canadian mobile banking service has won the 2011 Celent Model Bank Award, for innovative and effective technology usage in banking. Celent is a research and consulting firm focused on the application of information technology in the global financial services industry.

 

Google Wallet will enable consumers to tap, pay and save with their phones

May 26, 2011--Google, Citi, MasterCard, First Data and Sprint announced and demonstrated Google Wallet, an app that will make your phone your wallet so you can tap, pay and save money and time while you shop. For businesses, Google Wallet is an opportunity to strengthen customer relationships by offering a faster, easier shopping experience with relevant deals, promotions and loyalty rewards.

 

North American launch of new digital wallet with "Click-to-Buy" functionality

May 11, 2011 --Visa Inc, a global leader in electronic payments, today announced the next generation of payments solutions that will replicate the ease, reliability and security of Visa point-of-sale payments within traditional and digital eCommerce, mobile commerce and burgeoning social networking commerce environments. New offerings are expected to include a secure cross-channel digital wallet and a range of customized mobile payments services that address the specific requirements of geographic markets around the world.

 

Canada’s prepaid leaders look towards industry’s 4th Annual Gift & Prepaid Retreat

May 4, 2011 --The 4th Annual Gift & Prepaid Retreat will see the Canadian prepaid business community come together to share best practice, learn of current and future market developments and take advantage of the explosion of interest surrounding this payment mechanism in Canada.

Hosted by Global Prepaid Exchange and ACT Canada alongside Cardware 2011, the 4th edition Gift and Prepaid Retreat North America – will take place on June 15th-16th. The event has been designed to support the development of prepaid in Canada by informing those already operating or looking to do so of the key drivers of prepaid and by offering guidance on how the Canadian market is likely to evolve.

BRIEFS

Interac Flash to be accepted at Petro-Canada across Canada June 8, 2011

VendTek has agreement with Santander Bank for national bill pay service June 8, 2011

Liquidation.com, GovDeals.com
now accepting payments through PayPal Canada
June 2, 2011

G&D develops the USIM card used on Telefónica’s first NFC multi-application project May 30, 2011

Pivotal Payments targets the UK market May 26, 2011

G & D opens exhibition: “Forests and Figures
– Nature on Banknotes”
May 25, 2011

Contactless payment introduced at Overwaitea Food Group May 19, 2011

 
 

 

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