The Zoompass Tag is a wireless payment device designed in the form of a sticker that can be attached to a mobile phone. By tapping a mobile device with the Zoompass Tag on a contactless reader at the point-of-sale, payment is automatically drawn from the users Zoompass stored value account.
The Zoompass Tag and Zoompass application enable consumers to monitor their purchase transactions while their financial information is stored on secure servers, not on the mobile phone. Tim Hortons, McDonalds, Petro Canada and Loblaws are among the retail merchants who will accept payment through the Zoompass Tag.
The trial is offered to select Zoompass customers and is expected to last up to 3 months.
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