RBC becomes the first bank to launch contactless payment technology for merchants across the Caribbean

May 23, 2018 (Port of Spain, Trinidad and Tobago) — Over the coming weeks, RBC will be enhancing its Merchant Services across the Caribbean region by enabling RBC point-of-sale devices with contactless payment acceptance, or “Tap” as it is more commonly referred to. RBC is the first bank in the Caribbean to offer this for merchants across the region.

“We are proud to be taking these next steps with contactless acceptance in our markets,” said Rob Johnston, Head, Caribbean Banking, RBC. “This enhancement further demonstrates our commitment to better serve our clients by providing innovative and secure payment solutions.”

Contactless payment technology is a secure method to purchase products or services via contactless-enabled payment cards, using Near Field Communication (NFC). It offers significant advantages to both merchants and their customers by improving the convenience and speed of smaller payment transactions. This new technology facilitates purchases with a contactless-enabled payment card by allowing our merchants’ customers to simply “Tap to Pay” for a purchase on RBC NFC-enabled point-of-sale devices.

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