News

CIBC selects Sequent for wallet management platform

Friday 8 February 2013 00:52 CET | News

Canadian financial services provider CIBC has selected US-based provider of NFC software and systems Sequent Software to use the latter’s wallet management platform for the CIBC mobile payment service in Canada.

CIBC launched its mobile payment service in Canada in November 2012, allowing consumers to pay for small ticket items with their CIBC credit card at participating retailers using their NFC-enabled smartphones.

The Sequent Wallet Management Platform enables mobile commerce on mobile devices and operating systems, including Android, Blackberry and Windows. In addition, it provides the functionality for apps from banks, merchants and other service providers to add payments on NFC-enabled devices.

In recent news, Sequent Software has launched the Sequent Wallet Management Platform for phones with secure element technology running Android 4.0 and up.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: CIBC, Sequent, wallet management platform, Canada, US
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events