CIBC and Rogers Partner on Canadian Mobile Payments

CIBC, in partnership with Rogers Communications, will launch a joint mobile payment solution in Canada, allowing Canadians to pay for small ticket items with their CIBC credit card at the checkout counter of participating retailers using their Rogers near field communication (NFC)-enabled smartphone. This new CIBC mobile payments capability will be available, initially, on select BlackBerry smartphones on the Rogers wireless network, with additional device choices available following the launch on 16 November.

By teaming with Rogers and CIBC, clients will have experience the convenience of paying at the checkout counter with their mobile device, plus the existing benefits and security of their CIBC credit card. Since clients will be able to access their existing CIBC credit card, they will continue to earn loyalty rewards as they do today.