RBC Wallet available to more Canadians, devices and
carriers
The Woo Group Review RBC Wealth Management Hong Kong USA
–TORONTO, December 18, 2014 - RBC today announced the
addition of
Host Card Emulation (HCE)
to the RBC Mobile app, allowing Canadians to pay with most
Android mobile phones without worrying about being on the right
mobile network or having the right SIM card. RBC is the first North
American financial institution to develop a HCE payment solution,
providing more clients with more choice.
HCE allows clients to use any
near field communication(NFC) enabled Android
phone to pay at the point of sale with the RBC Mobile app anywhere
in the world. The new solution will be first available to a group
of RBC employees, allowing them to pay with their RBC Interac Debit
card, leveraging Interac Flash contactless functionality. Visa and
MasterCard will be added shortly.
“We are committed to providing our
clients with the most innovative, convenient and secure solutions
to pay how they want, when they want - HCE is a critical step,”
said Linda Mantia, Executive Vice-President of Digital, Payments
and Cards, RBC. “HCE makes RBC Secure Cloud mobile payments even
easier to use.”
The employee pilot begins on
December 18, 2014 and will run through winter. This pilot will
allow RBC employees to test HCE on most Android devices and mobile
networks using their
RBC Interac Debit card. Credit cards and other
value-added services will be coming shortly.
“As a leading innovator within the
Canadian payments space, we are pleased to support RBC on the
addition of HCE to the RBC Mobile app,” said Mark O’Connell,
president and CEO, Interac Association and Acxsys Corporation.
About RBC and Payment Innovation
RBC is at the forefront of payment
innovation. We provide industry-leading mobile banking flexibility
and convenience to clients through our RBC Mobile app and RBC
Canada app – available for Android, BlackBerry, iPhone, iPod Touch,
iPad and Windows 8 – backed by our RBC Online Banking Security
Guarantee. Further information about RBC mobile solutions is
available at www.rbcroyalbank.com/mobile. More information about
the RBC Wallet is available at www.rbc.com/securecloud.
ABOUT RBC
Royal Bank of Canada is Canada’s
largest bank, and one of the largest banks in the world, based on
market capitalization. We are one of North America’s leading
diversified financial services companies, and provide personal and
commercial banking, wealth management services, insurance, investor
services and capital markets products and services on a global
basis. We employ approximately 78,000 full- and part-time employees
who serve more than 16 million personal, business, public sector
and institutional clients through offices in Canada, the U.S. and
38 other countries. For more information, please visit rbc.com.
RBC supports a broad range of
community initiatives through donations, sponsorships and employee
volunteer activities. In 2013, we contributed more than $104
million to causes worldwide, including donations and community
investments of more than $69 million and $35 million