If you're tired of paying for random snacks and such the old fashioned way (you know, swiping your credit card and handing over your John Henry), Rogers Wireless feels your pain. While not the first mobile payment initiative to hit the Great North, this one has some pretty notable backers. Starting in mid-2009, Rogers, RBC and Visa will join together to allow customers "to pay for small purchases" so long as they're holding one of the "specially-equipped mobile phones that can be waved at Visa payWave-enabled checkout readers at select retail stores and quick-service restaurants in Toronto's downtown core." The pilot will utilize Motorola handsets outfitted with Near Field Communication (NFC) contactless chips, while Gemalto will be managing the transfer of credit card information from RBC to the secure SIM card. There's no word on plans beyond the trial, but here's hoping it does something more than just fizzle out.

[Via mobilesyrup]

Following the lead of Google and Apple in providing a hefty chunk of some sort of funding up front for app developers, RIM is teaming up with RBC and Thomson Reuters to provide a $150 million fund to invest in "mobile applications and services." Interestingly, RIM isn't limiting those apps and services just to the BlackBerry, and instead the fund is designed to "advance the industry." The fund will be open to companies from all over the world, and sounds like it'll be open to pretty much any type of mobile application or service developer that plans on kicking ass in its respective field. We're curious as to how BlackBerry slanted the fund will end up being, but hey, it's their money, so we really couldn't complain either way.

Oh, Canada! If all goes to plan, you Canucks up north will soon be able to take advantage of technology that is already in use in many corners of the globe. Reportedly, the Royal Bank of Canada and Visa Canada will be teaming up to launch a pilot program that enables users to purchase goods by just waving their cellphone in front of a reader. The handsets will sport an embedded microchip to pass along payment information, and similar to PayPass setups, it'll require no pin / password / signature for transactions under $25. Anne Koski, head of payment innovations at Royal Bank's cards division, noted that it was still too early to say which mobiles would eventually feature the built-in technology, but hopefully we'll be finding out sooner rather than (even) later.

[Image courtesy of USATech]