RBC has announced the addition of Host Card Emulation (HCE) to the RBC Mobile app, allowing Canadians to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.
RBC is the first North American financial institution to develop a HCE payment solution, providing more clients with more choice.
HCE allows clients to use any near field communication (NFC) enabled Android phone to pay at the point of sale with the RBC Mobile app anywhere in the world. The new solution will be first available to a group of RBC employees, allowing them to pay with their RBC Interac Debit card, leveraging Interac Flash contactless functionality. Visa and MasterCard will be added shortly.
"We are committed to providing our clients with the most innovative, convenient and secure solutions to pay how they want, when they want – HCE is a critical step," said Linda Mantia, Executive Vice-President of Digital, Payments and Cards, RBC. "HCE makes RBC Secure Cloud mobile payments even easier to use."
The employee pilot begins on December 18, 2014 and will run through winter. This pilot will allow RBC employees to test HCE on most Android devices and mobile networks using their RBC Interac Debit card. Credit cards and other value-added services will be coming shortly.
"As a leading innovator within the Canadian payments space, we are pleased to support RBC on the addition of HCE to the RBC Mobile app," said Mark O’Connell, president and CEO, Interac Association and Acxsys Corporation.