Bank of Montreal/MasterCard Team on Contactless Blackberry Payments

Finextra:  Bank of Montreal, MasterCard and Research in Motion (RIM) are teaming up on a trial that will see Canadians make payments using BlackBerrys equipped with contactless stickers.



The four month pilot will see participants use PayPass Mobile Tag-equipped BlackBerrys to make purchases at any of the 8500 merchant locations in Canada that accept MasterCard's contactless technology.



The Mobile Tag is a self-adhesive device that is attached to the BlackBerry, containing the same chip and antenna found in a regular PayPass card.



In what the partners call a first, participants will receive a confirmation e-mail of each transaction sent to the phone, including purchase details such as the amount, retailer and date of transaction.



Continue Reading at Finextra

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