What is Reddit's opinion of RBC Wallet?

From 3.5 billion Reddit comments

RBC have there own NFC pay via the RBC app https://play.google.com/store/apps/details?id=com.rbc.mobile.wallet&hl=fr

>no bank in Canada offers contactless payments currently on android phones

Here's my banking app on my Android phone, as I stated it does contactless debit, but I prefer my credit card.

http://imgur.com/d6Lxt5v

While $100 is very common, the dollar limit completely depends on what the store has negotiated with the banks/credit card companies and/or your banks' own limits imposed on you. Costco's Mastercard tap limit is $300. For me, at least, most gas pumps are now $150 to $200.

>Capital One is currently the only credit card company that offers a contactless payment app

Here is where TD explains that their app will let you do contactless payments with their credit cards.

And a bonus example of each; here's RBC's app that, as per the description, let's you do contactless payments with either their debit or credit cards. https://play.google.com/store/apps/details?id=com.rbc.mobile.wallet Check out the first screenshot.

I'll repeat what I said before, the Canadian banks and credit unions are not interested in letting Google have access and thereby getting a cut when they already have their own apps.

>I'm just wondering if those apps will be phased out one Android Pay is available. Those same banks already support Apple Pay so they have no reason not to support Android Pay, which would work on any phone their own apps support. (not sure if any of them are integrated in their normal banking apps)

It's a mix. RBC just separated theirs out (to much disappointment) and CIBC has a separate one (although you can't search for it on the Play Store currently and it's not listed as one of their apps), but TD and Scotiabank have theirs integrated.

The apps won't be phased out (they do more than just tap to pay), but it is possible that their functionality will change (like RBC's just did).

Your bank wants you downloading, using, and getting accustomed to their app (thereby increasing switching costs), but they may decide to go with more of an open API approach and allow Android Pay/Samsung Pay/etc. to handle the actual tap to pay functionality.

Unfortunately, no one outside of the companies in question really knows at this point (and they may not even be sure yet either).

Nah, but fuck em. My bank has their own wallet app, and it just charges directly to my credit cards. Also stores gift cards. Worked this morning at Tim's and works pretty much anywhere I can tap. Nexus 6.

TOO SLOW GOOGLE! Too bad too, because Canada has all the infrastructure in place.

https://play.google.com/store/apps/details?id=com.rbc.mobile.wallet&hl=en

I'm sure other payment providers have their own versions out there too. Surprised we don't have a Paypal / Visa / Mastercard app competition going on yet.