Feds expand Code of Conduct to cover mobile payment technologies

OTTAWA - With Canadians poised to cash in on new technologies that turn their mobile devices into digital wallets, the federal government has responded with a revised Code of Conduct for the Credit and Debit Card Industry that will soon apply to mobile payments. Ted Menzies, Minister of State (Finance) announced that the proposed addendum to the code has been released for public consultation. “Technology continues to evolve and transform our daily activities—including the way we buy items. More and more Canadians are using their smartphones to pay at stores and small businesses, and that trend will grow,” noted Minister Menzies....