EnStream is discussing with several banks CIBC,TD, RBC, Scotiabank and BMO, about the beginning of technology payments for NFC friendly phones. I want to know, how it works?
Hello!
The mobile payment in Enstream aims to establish a mobile commerce gateway, wireless payment transactions in standardized user experience across wireless devices and payment mechanisms. Because of the “always with you” lifestyle of the mobile phone is the basis of the creation of this idea.
Nowadays the consumers cannot live without their mobile phone carried with them; it is not only a means of communication but also a device for transacting and managing personal information. Enstream is trying to become a force at the heart of mobile commerce, for global transactions and making commerce faster, secure, and valuable to users. It is still on process of demos and testing the enstream mobile payment app is easy to use. It allows you to scroll through your list of cards, bank card, credit card – then select and point to the merchant terminal. Charges are then billed/debited from your associated account. Here is a video of the demo.
