We let you know about “Zoompass” last week, this is the Bell, Rogers and TELUS joint venture that allows their customers to to send, receive and request money using your mobile phone. They want you to use the service by making this a household name by saying “Do you want me to Zoom you the money?”.
Robin Dua, President of EnStream said “The launch of Zoompass represents an important milestone in financial services that makes the mobile phone the central device consumers use to transfer money and make purchases. The Zoompass mobile service ushers in a new era in electronic payments that addresses a growing desire to move money quickly and easily between friends, family, and merchants.”
There are fees for this service though, to register an account, receive money and add funds from a bank account is free. There will be a $0.50 charge send money and withdraw finds to a bank account. A 10 spot will be charged for any insufficient funds.
More here at Zoompass