Scotiabank has expanded the reach of its mobile payment service, My Mobile Wallet, by connecting it to mobile payments hub EnStream.
EnStream is a mobile commerce joint venture company owned by Canadian telcom firms Bell Mobility, Rogers and Telus. It enables credit, debit and pre-paid cards offered by all participating financial institutions, across all wireless carriers in Canada.
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EnStream said that its platform will allow the lender to maintain their direct relationship with their customers through their own banking or payment applications.
EnStream COO Almis Ledas said: "We are very pleased to add Scotiabank to the card issuing banks we serve. Global organizations are becoming increasingly aware that collaborative platforms are necessary for the growth of mobile payments.
"EnStream is proud that Canada is recognized around the world as an example of a market that is successfully bringing secure and consistent mobile payment services to market."
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