BlackBerry Signs New Deal with EnStream LP

BlackBerry Signs New Deal with EnStream LP
…and then?

According to Canadian wireless News recently, BlackBerry Limited has signed a new three-year agreement with EnStream LP, a mobile payments joint venture that is co-owned by Canadian wireless carriers Bell, Rogers, and TELUS.

The goal of this partnership is to “provide a secure platform that supports transaction services between leading banks and consumers.” Under terms of the arrangement, EnStream will use BlackBerry’s infrastructure to allow financial institutions (like RBC, TD Bank Group, CIBC and Desjardins), along with mobile operators, “to securely provision sensitive payment card credentials into any smartphone capable of near field communication.”

“BlackBerry has proven through our decades of experience in enterprise mobility that we have the ideal infrastructure and security capabilities to protect users’ data when new capabilities such as mobile payments emerge,” says John Sims, President of Global Enterprise Services, BlackBerry. “Together with EnStream and partners like them around the world, BlackBerry can better reach customers and provide a complete solution for banks with opportunities in the mobile payments space.”

“EnStream, with BlackBerry, is already serving a number of banks and mobile operators, and is becoming a hub for payment credential delivery to smartphones in Canada,” adds Almis Ledas, Chief Operating Officer, Enstream LP. “We expect most major Canadian banks and mobile operators to connect through this platform to meet consumer demand for efficient and safe digital transactions.”

According to research firm Gartner, the total value of transactions using mobile technology

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