CIBC Mobile Payment App Expanding to Bell Smartphones

 Gives CIBC clients more choices for paying with their phone, offers Bell  customers access to the most mobile payment apps from Canadian banks  TORONTO and MONTREAL, June 18, 2014 /CNW Telbec/ - CIBC and Bell today  announced an agreement to launch the CIBC Mobile Payment App on Bell  smartphones in the coming weeks. CIBC was the first bank in Canada to deliver  a mobile payment app to clients, and this expansion gives CIBC clients more  choices for making everyday purchases with their smartphone, while giving Bell  customers the widest selection in mobile payments from Canadian banks.  "Our clients want the opportunity to pay with their phone at their favourite  retailer, and today's announcement with Bell means that we're putting this  innovative technology into the hands of more CIBC clients," said Todd Roberts,  Senior Vice President, Payments Strategy and Innovation, CIBC. "We believe  2014 will be a pivotal year for growth in mobile payments and we continue to  invest in our leadership in this important market, including building strong  relationships with wireless providers to make it easy for our clients to bank  where, when, and how they like."  "Canada's fast growing mobile payment ecosystem is built around advanced  wireless networks, a strong and innovative banking sector, and a national  retail environment with more contactless sales terminals than almost any other  country," said Wade Oosterman, President of Bell Mobility and Chief Brand  Officer for Bell. "The addition of the CIBC Mobile Payment App offers Bell  customers the most mobile payment choices available, and it's yet another way  to take advantage of Bell's world-leading 4G mobile networks and smartphones."  Protected by multiple passcodes and with information stored safely on the  smartphone's encrypted NFC SIM card, mobile payments are a secure way to make  everyday purchases. Mobile payments using NFC (near field communications)  technology are already accepted at thousands of popular retailers across  Canada for purchases under $100.  The CIBC Mobile Payment App will be available to Bell Mobility customers for  free download in the coming weeks from Google Play and BlackBerry World. CIBC  clients will be able to use the app on the following devices:  Samsung Galaxy S4, Samsung Galaxy S III, Samsung Galaxy Note II, HTC One (M7),  BlackBerry Q10, BlackBerry Z10, BlackBerry Bold 9900.  For more information, please visit cibc.com/mobile or Bell.ca/MobilePayments.  About CIBC CIBC is a leading North American financial institution with nearly 11 million  personal banking and business clients. CIBC offers a full range of products  and services through its comprehensive electronic banking network, branches  and offices across Canada, and has offices in the United States and around the  world. You can find other news releases and information about CIBC in our  Press Centre on our corporate website at www.cibc.com.  About Bell Bell is Canada's largest communications company, providing consumers and  business customers with wireless, TV, Internet, home phone and business  communications services. Bell Media is Canada's premier multimedia company  with leading assets in television, radio and digital media. Bell is wholly  owned by Montréal's BCE Inc. (TSX, NYSE: BCE). For more information, please  visit Bell.ca.  Bell Let's Talk promotes Canadian mental health with national awareness and  anti-stigma campaigns, like Clara's Big Ride for Bell Let's Talk and Bell  Let's Talk Day, and significant Bell funding of community care and access,  research, and workplace initiatives. To learn more, please visit  Bell.ca/LetsTalk.    SOURCE  Bell Canada  Media inquiries Kevin Dove, Head of External Communications,  416-980-8835,Kevin.dove@cibc.ca Jason Laszlo, media relations for Bell,  1-855-614-6602,jason.laszlo@bell.ca, @Bell_News  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/June2014/18/c7782.html  CO: CIBC ST: Ontario NI: TLS TVNEWS INTERNET NP FIN  
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