Rogers has finally launched its long-awaited suretap wallet product, available today for a number of devices, including the Galaxy S5. In fact, all future NFC-compatible Android and BlackBerry devices will arrive with suretap wallet pre-installed.
So what is it? And why use it? That’s a good question, and one Rogers is trying very hard to thoughtfully answer. At its core, suretap wallet is an open destination for cards, all types of cards, from payment to loyalty to gift. At the moment, the selection is rather barren — there is no credit card support, and loyalty is nowhere to be seen — but Rogers promises that will get better very quickly. Using the combination of a secure element, in this case a SIM card designed to store payment credentials and pass them, securely, to a payment terminal for which only the issuer has the key, a user can treat a touchless retail terminal the same way they would a physical credit card. The payment itself is processed wirelessly using near-field communications (NFC), eliminating the need to enter a PIN code or issue a signature. (more…)