If you’ve caught any of the media coverage of Zoompass over the last few weeks, you’ll know that there has been a lot of discussion over the ownership structure of Zoompass. We thought it might be a good idea to clarify things a little.
Zoompass is operated by EnStream LP, a joint venture company formed by Bell Mobility, Rogers Communications Inc., and TELUS Corporation – Canada’s three leading mobile phone companies.
We’ll say this again, as it’s an important distinction that has been lost by some: Zoompass is operated by EnStream.
Still, the cooperation of the mobile carriers provides several benefits for Canadians. As Lisa Whelan wrote last week:
“What’s so cool about this service is that it creates a common standard for mobile money transfers and interoperability across all major mobile phones running on Canada’s major mobile networks…”
Let’s take a quick look at the benefits:
- Common standard – It doesn’t matter which carrier you use for your mobile phone – Zoompass works across all of the main networks in Canada
- Ubiquity – It doesn’t matter where you are in the world – you have access to your money
- Multiple devices – Zoompass currently works on almost all mobile phones, including some lower-end devices. What’s more, applications for the BlackBerry Storm and Apple iPhone are coming soon, too
Hopefully that helps to clarify things. Let us know if you have any questions!
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07.7.2009
