NFC Technology

Near field communication (NFC) is a set of ideas and technologies that enable smartphones and other devices to establish radio communication with each other by touching them together or bringing them into proximity, typically a distance of 10 cm (3.9 in) or less.

Each full NFC device can work in 3 modes: NFC target (acting like a credential), NFC initiator (as a reader) and NFC peer to peer.

Mobile Payment Adoption

Canadians tap-and-pay at thousands of retailers from right across Canada. In fact, more so than any other nation.  Truth be told: Canada is ready for mass NFC mobile payment adoption.  NFC Technology is enabling mobile payment transactions to occur throughout the world.  It’s coming to Canada.  Google Wallet is an NFC hybrid payment model: consumers use contact-less NFC capability to pay at the POS, but the actual payment information is stored in the cloud, not in a secure element.

Canada Mobile Payments NFC

NFC can provide a card present transaction through Mobile devices with proximity payments.  We have the ability to assist the customer engage with the mobile payments ecosystem in a seamless manner.  Canada Mobile Payments is able to Drive Digital Coupon Issue & Redemption (Redemption rate of Mobile coupons is 10x that of Traditional Coupons).  We have the unique ability to support multiple payment credentials without the need to have multiple physical form factors.

Proximity Payments using NFC or QR Code

eMarketer estimates that by 2016 proximity mobile payments will have “exploded” in the U.S., and total transaction value will hit $62.24 billion.

  1. Customers launch the application and present an image or code (2D barcode or QR code)to the cashier to be scanned.
  2. Customers enter their mobile number and PIN on the store’s pin pad to authorize the payment
  3. Using location based-services,when a customer enters the store, their photo is displayed on the merchant’s POS screen.

When it’s time to pay, the merchant selects the consumer’s photo on their POS and request to debit their account.

Canada Mobile Payments is a leading provider of debit, credit card processing & NFC mobile payments for Vancouver, Yaletown, Surrey, Port Coquitlam, Burnaby, New Westminster, Langley, Victoria, Richmond, Abbotsford, Whistler businesses.