Canada’s first open mobile wallet, “Ugo” has been introduced by PC Financial and TD. The companies plan to combine multiple payment and loyalty programs into a secure mobile solution. Canada’s largest retailer, Loblaw Companies has joined as its first retail partner and also brings the PC Plus loyalty program into the wallet.
Canada moves ahead with mobile wallet launch
Ugo will provide Canadians with a way to shop and transact with their favourite retailers by allowing the replacement of cards from their physical wallet with a mobile payment method that automatically links to loyalty programs.
“President’s Choice Financial is always seeking to make banking simple and better for our customers, and Ugo is another example of good banking for PC Financial MasterCard customers,” comments Barry Columb, President of President’s Choice Financial.
Ugo consumers will be able to pay, earn and redeem loyalty points in a single tap using their smartphones. Itwill initially allow customers to load their TD Visa, President’s Choice Financial MasterCard and PC Plus cards into the wallet. PC points can be redeemed at Loblaw and banner store locations. Ugo also plans to add more major partners, debit and gift card capabilities, loyalty programs and product offers in the future.
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