RIM solution to manage NFC mobile payments in Canada

WATERLOO - Research In Motion has been selected by EnStream LP, a joint venture of Canadian carriers Bell, Rogers and Telus, to provide its Secure Element Manager (SEM) solution to manage credentials on wireless handsets in Canada that support Near Field Communication (NFC) services. NFC-enabled smartphones can be used as “digital wallets” that allow payments to be deducted from stored accounts simply by placing the phone in front of a transponder at the retail point of sale. SaskTel also confirmed they have partnered with EnStream and will exclusively utilize their Secure Element Management (SEM) platform. RIM's SEM solution is designed...