RBC launches cloud-based mobile payments in Canada

Thu 25 Jul 2013

Canadian financial services provider Royal Bank of Canada (RBC) has launched a new cloud-based mobile payment solution RBC Secure Cloud.

The new technology will allow users to pay for purchases using mobile devices. RBC will introduce a new service on the market before the end of 2013 on multiple platforms for smartphones.

Because solution is cloud-based, important information remains with the bank, and not on the phone, as is the case with other models.