Tag: mobile payments app

The application from the Royal Bank of Canada now supports host card emulation to broaden usage capabilities.

The mobile payments app from the Royal Bank of Canada (RBC) has now announced the addition of support for host card emulation (HCE), in a move that it says will give Canadians the ability to use Android based smartphones to complete purchase transactions without having to worry about having the right type of SIM card or being on the correct network.

The bank has built on its existing platform, called the RBC Secure Cloud to encourage smartphone payments use.

According to RBC, this change to its app is “allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.” The service will give customers with virtually any Android smartphone that is NFC technology enabled the opportunity to make mobile payments at merchants equipped with Interact Flash contactless POS terminals. The smartphones will function as an alternative to using a traditional debit card.

This new mobile payments technology will be piloted over the winter months by employees of RBC.

They will be using a number of different mobile networks and types of Android device, said the bank. This trial will not yet be testing the support for MasterCard, Visa, and other types of credit card, and other types of value added service, though the bank did confirm that those would be coming “shortly.”

The RBC executive vice president for digital, payments and cards, Linda Mantia, stated that “We are committed to providing our clients with the most innovative, convenient and secure solutions to pay how they want, when they want — HCE is a critical step.” She also added that through the use of HCE, the smartphone based payments by way of the RBC Secure Cloud become “even easier to use”.

The bank first started developing its mobile payments app back in 2009, and it has gone through a number of different evolutions and additions. This addition of HCE is only the latest move by the bank, which is among the players that are attempting to act the most quickly in order to grab hold of the largest proportion of the Canadian smartphone transaction market.

The application is designed to change the way that customers pay for purchases in popular locations.

Downtown has now unveiled its mobile payments app in an attempt to provide consumers with a new method of ordering and paying for their food in Palo Alto, in popular meeting spots such as the Coupa Café.

The primary difference that the wallet app could make is in the way consumers are paying for their purchases.

While it has become relatively commonplace to be able to order a meal at many quick service restaurants – particularly when it comes to delivery or take-out – the way that consumers pay for what they buy when they are actually inside a restaurant has stayed somewhat the same. However, Downtown is hoping that its new mobile payments app, which has recently been launched for iOS devices, in-store orders and transactions will be able to be made directly from an iPhone.

Despite the fact that mobile payments services have been slow to take off, companies are still looking for the perfect angle.

Consumers have not been adopting smartphone payments services as quickly as many mobile wallet companies had expected, but many believe that this is simply because the right convenient offering has not yet made it appealing enough for these options to be used. Downtown is using iBeacon technology to allow the restaurant to be able to detect exactly where a customer is sitting, so that he or she can use a smartphone to order food and pay for it, and the restaurant staff will know exactly where that customer is sitting so that it can be delivered directly to him or her.

Although this geolocation based order placing technology is starting off at shops such as cafes, the co-founders of downtown, Xavier de Ryckel, Phillip Buckendorf, and Max Noelle, intend to expand the use of this tech into other areas, as well. They are already planning to move the use of the service into restaurants and even food trucks over the next few months. So far, the mobile payments app is designed to be ideal for small purchases being made in person at Palo Alto businesses.