Zoompass is a service specifically for Canadians that lets you send and receive money from your BlackBerry device. The service uses your personal bank account or credit card and, for now, is aimed at your average consumer and not retailers.
While Zoompass has had a BlackBerry application for some time now, I haven’t heard about it and many of the major blogs haven’t written about them either. The service just recently came to my attention as they are now offering it for all mobile devices with Internet access, and not just BlackBerry.
If you’ve read my bio, you know I spent a decent amount of time living in South Korea. There, your mobile phone is your wallet. A chip is inserted into your phone, much like a media card, and it is directly connected to your bank like a debit card. This is where mobility is heading and it’s incredible to see a company taking North Americans one step closer.
“Our research shows people are looking for ways to simplify their payment experience,” said Robin Dua, president of En-Stream, the company that develops the application.
The service is aimed at a college demographic, who are constantly in need of a simplified way to send small amounts of money; whether it be repaying a debt or getting some food money from parents.
Canadian users can sign up for a free Zoompass account now and begin using the service. One caveat is the service charges. You will be charged 50¢ to make an instant money transfer each time. This price will hopefully come down as more users subscribe to the service and prove it works.
In Quebec, Virgin Mobile and the wireless offering from Videotron Ltd. are excluded from the service.