MEDIUMVulnerability
Global
BMO and Mastercard enable corporate card clients to manage virtual card payments
·Source: Finextra
Updated:
Executive Summary
BMO and Mastercard today announced the availability of a new embedded Commercial payments capability that enables eligible Corporate Card clients to initiate and manage BMO Commercial virtual card payments directly within the software platforms they use to run their operations. Through this expansion, BMO becomes the first Mastercard issuer in Canada to offer an integrated embedded finance and pay
Analysis
BMO and Mastercard today announced the availability of a new embedded Commercial payments capability that enables eligible Corporate Card clients to initiate and manage BMO Commercial virtual card payments directly within the software platforms they use to run their operations. Through this expansion, BMO becomes the first Mastercard issuer in Canada to offer an integrated embedded finance and payment experience by virtual card within participating platform integrations.