New partnership allows CIBC clients to pay with their smartphones.
TORONTO — CIBC clients will now be able to make purchases with their smartphone using suretap by adding any one of its credit cards to the new suretap open mobile wallet.
Wireless carriers Bell, Rogers, TELUS, Koodo and Virgin are offering the suretap wallet across numerous Android and BlackBerry smartphones, with other device platforms expected to follow by the end of 2015.
CIBC claims to be the only major bank to make its credit cards available on suretap, a mobile payment application that allows users to store a range of payment cards on their mobile phones.
Consumers can store any CIBC Visa or MasterCard credit card on eligible Android or BlackBerry smartphones available from each of the major wireless providers.
The service is protected by state-of-the-art encryption technology and a secure, passcode protected app.