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BMO debuts virtual card mobile wallets with Mastercard and Extend

The collaboration lets BMO (Bank of Montreal) commercial bank customers in the U.S. and Canada create and push virtual cards to employees’ mobile wallets such as Apple Pay, letting them spend anywhere that accepts contactless payments.

“People expect to be able to make payments on the go, even when those payments are for business expenses,” Extend Co-founder and CEO Andrew Jamison said in a news release.

Tags

payments, banking