BMO Becomes First Canadian Issuer to Deploy Mastercard Embedded Commercial Payments

BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. When this capability is enabled in a platform, BMO’s eligible Corporate Card clients can initiate and manage virtual card payments within the platform, according to the release. This embedded payment model allows corporate treasury, procurement and accounts payable le