EnStream’s mobile payment platform connects telcos, banks, customers

TORONTO – MTS has become the latest telco to offer their customers the option to pay for purchases with a tap of their mobile device.According to EnStream, a mobile commerce joint venture company owned by Bell Mobility, Rogers and Telus, mobile payments are now supported by Bell, Rogers, Telus, MTS and SaskTel, who collectively provide service to over 94% of Canada's wireless subscribers. EnStream's platform acts as a hub, connecting multiple Canadian banks and mobile network operators, while securely delivering the credit, debit and pre-paid cards offered by financial institutions to wireless handsets, all while preserving each bank's direct relationship with...