BlackBerry In Deal With EnStream On Mobile Payments System
BlackBerry Ltd said on Thursday it has signed a agreement with EnStream LP, a mobile payments joint venture owned by Canada’s three large wireless carriers, to provide a secure platform for transactions between banks and consumers. Waterloo, Ontario-based BlackBerry has been trying to reinvent itself under new Chief Executive Officer John Chen as its phones have lost ground to Apple Inc’s iPhone and Samsung Electronics Co Ltd’s Galaxy devices. The company’s QNX software already is a mainstay in the automobile industry, powering electronic and other systems in a wide range of cars.
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