“Zoompass Tag” now in 3-month trial… expect mobile payments by end of year

Zoompass is making news again today as they have announced a 3 month trial that is underway with a number of their select customers. The “Zoompass Tag” is a sticker that you place on the back of your device and it allows you to make purchases right from your mobile phone. All you’ll have to do is tap your mobile phone to a contactless reader at the point-of-sale. The actual sticker measures 43 mm by 33 mm and is currently accepted where MasterCard’s PayPass is offered, such as Tim Hortons, McDonalds, Petro Canada and Loblaws.

Robin Dua, President of EnStream said “The new Zoompass Tag goes even further by allowing Canadians to make their regular store purchases quickly and securely, using only their mobile phone. All Zoompass users will soon be able to pay for their morning coffee, gas at the pump, and lunch at a fast-food restaurant with a quick tap of their mobile phone. Every transaction is logged in the Zoompass application and can be instantly seen on the mobile phone. This is very handy to track purchases and budgets in real-time.”

If you remember back in November of last year, MasterCard was in the process of a 4-month test on BlackBerry devices that they called the “PayPass Mobile Tag”. The major difference now is that MasterCard is on board and so are the major carriers as Zoompass is a join venture between Rogers, Bell and TELUS. In addition, the Zoompass Tag is now available and being tested on the iPhone, BlackBerry, Android… basically any device that is offered in Canada. So you can expect to have contactless payments officially in Canada certainly by the end of the year, if not sooner!