RBC Will Work Towards Strengthening Mobile Payments Security With Its New Patent

The US Patent Office has granted the Royal Bank of Canada a patent on its innovative Secure Cloud payment and security technology. The patent covers the usage of secure tokens by the company’s clients to facilitate payments from smartphones.

Secure Cloud technology allows RBC’s clients who want to pay with their mobile devices to complete transactions with any card. It enables the user to pay at a retailer’s contactless POS terminal with any card o ...

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