TD-Backed UGO Mobile Wallet Nabs 50,000 Users as Apple Pay Looms
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UGO Mobile Solutions LP, a mobile-wallet smartphone app backed by two Canadian banks, has signed up 50,000 users since December as Apple Pay becomes available in countries outside of the U.S.
With UGO, consumers with credit cards from both Toronto-Dominion Bank and President’s Choice Financial can pay for things by tapping their smartphone on a wireless terminal at retail stores. The app also stores loyalty cards.