Canada's 3 Largest Get Together for Mobile Payments

Canada’s three largest operators getting together for mobile payments

By Stefan Constantinescu on Friday, June 12th, 2009

Canada’s three main operators: Bell, Rogers (NYSE: RCI) and Telus (NYSE: TU), are joing forces to launch a mobile payment system called Zoompass.

It’s supposed to be launching on June 15th and will allow customers to send, receive and request money, with a $0.50 fee to send money and transfer funds from your Zoompass account to your bank account. Zoompass is built on EnStream software and that’s just about all the information we have.

The website is blank. Transactions from mobile devices are supposed to reach $1.6 billion this year according to ABI Research,

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