Canada-based fintech firm Mogo has added more contactless payment options to its digital spending account MogoSpend.
MogoSpend, which comes with a Mogo Visa Platinum prepaid card, now supports Apple Pay, Google Pay and Samsung Pay payment options.
MogoSpend provides its users with the ability to make cashless payments using their smartphones or other devices.
The free Mogo app on iOS and Android devices features the MogoSpend platform.
Users can add their Visa cards and use Apple Pay, Google Pay or Samsung Pay to make payments.
MogoSpend aims to help Canadians improve their financial health. It will continue to provide its users with all the existing benefits and security.
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By GlobalDataFor every dollar spent, it offsets one pound of CO2 to help users achieve a zero debt and zero CO2 lifestyles.
They automatically receive notifications whenever and wherever they spend their money, shows their updated balance and how much CO2 they have offset.
They can track their spending by month, as well as check their average spending of up to three months.
Mogo president and CEO David Feller said: “MogoSpend is already a unique product in the Canadian market, and the addition of Apple Pay, Google Pay and Samsung Pay further enhances the value for our users, giving them more ways to make contactless purchases using MogoSpend while they continue to focus on reducing their consumption, spending more sustainably, and offsetting their carbon footprint.”
Recent developments in Canada’s payment space
Last month, the Netherlands’ TerraPay obtained its MSB registration from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
In the same month, Canadian online payment service provider (PSP) VoPay joined forces with Visa to launch instant payment solution for businesses.