RIM partners for mobile payments technology

The EnStream consortium has sold one major mobile payments asset but inked a deal with Research in Motion to develop another.

EnStream, a mobile payments group consisting of Rogers, Bell and Telus, said Monday it will use RIM’s Secure Element Manager (SEM) solution to manage credentials on near field communication (NFC) smartphones in Canada, according to our source story from Mobile Syrup.

The announcement comes after EnStream recently sold its Zoompass mobile payments solution assets to Paymobile for an undisclosed price which Mobile Syrup suggests was about $1 million.

In additional EnStream news today, the consortium said it has signed an agreement with Manitoba Telecom Services (MTS) to bring secure mobile payments technology to MTS customers in 2013. That deal will allow MTS customers to pay for their MTS goods and services using their NFC enabled mobile devices.

Read the entire story here.

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