TORONTO, March 23, 2012 /CNW/ - Retail Council of Canada (RCC) President and CEO Diane J. Brisebois welcomed Finance Minister Jim Flaherty's release of the report of the Task Force for the Payments System Review.

"The report contains a wide range of recommendations which could, if implemented, lead to a fundamental reshaping of Canada's payment system," said Brisebois. "RCC will continue to work with the finance minister to ensure that our members' voices and business needs are of primary consideration."

NFC Times describe lessons in Japan and how rewards drive payment choices. Click here for more.

PayPal do not have a strategy, and that is their strategy for mobile payments. The only goal they have is to throw as much s%$* on the wall and to wait and see what sticks. Here is a list of some of their initiatives:

• POS authentication with mobile phone number and pin;
• Issuing a Mastercard debit card;
• Square like mobile cash register;
• Partnership with many European carriers to allow mobile payments;
• NFC tests in Sweden;
• Ebay comparison shopping app.