BMO Harris Debuts Small Business Masterpass™, Apple Pay™, Android Pay™ and Samsung Pay™
Everyday business purchase needs can now be facilitated through a seamless, contactless payment system across mobile devices
CHICAGO, Sept. 25, 2017 /CNW/ - BMO Harris Bank today announced the release of Small Business Mastercard® for BMO Harris Bank Masterpass™, Apple Pay™, Android Pay™ and Samsung Pay™ digital wallets. Small business credit card customers can take advantage of an additional method to make purchases for everyday business needs, whether it's in-store, in-app or online.
With the new digital wallet lineup, small business customers' purchase transactions can be conducted right from their mobile devices without the need of a wallet or a card. This additional payment feature aligns with the bank's mission to provide small business customers a simpler and more efficient way to make business purchases. Additionally, customers can enjoy added peace of mind against unauthorized purchases with the zero liability protection1 feature.
"Small business owners are busy, and we're here to help by offering them a simpler purchasing experience on their smartphone devices," said Jennifer Hawkins, Head of North American Retail Payments, BMO Financial Group. "Our digital wallets are secure and easy to use, making for a simple, straightforward buying experience."
The contactless payment system is easy to use with a quick tap using the digital wallet application, which pays securely with the user's tokenized credit and debit card registered within the application. Digital wallet accounts also include the fingerprint or passcode security feature, which prompts users to confirm their identity. Transactions remain secure with uniquely encrypted assigned numbers, which are not tied to the physical credit or debit card number and can also be quickly and easily suspended in the case a device is lost – without disabling the physical card.
To learn more about BMO Harris Bank Digital Wallets2, please visit:
https://wallet.masterpass.com/Wallet/bmoharrisbank/en-us/
https://www.android.com/pay/
http://www.samsung.com/us/samsung-pay/
https://www.apple.com/apple-pay
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through nearly 600 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the company fact sheet. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$709 billion (as of July 31, 2017), and more than 45,000 employees Banking products and services are subject to bank and credit approval. BMO Harris Bank N.A. Member FDIC.
1 Pay only for purchases that you have authorized on your Mastercard card. Unauthorized purchases are not your responsibility. Conditions and exceptions apply. Learn more at http://www.mastercard.us/zero-liability.html.
2 BMO Harris Bank Masterpass is a digital wallet service offered by Mastercard with BMO Harris Bank N.A. Important terms and information about Masterpass is available at bmoharris.com/masterpass. Masterpass users on Android devices should refer to important device and software requirements in the Masterpass Android™ app in the Google Play™ store.
Banking products and services are subject to bank and credit approval. BMO Harris Bank N.A. Member FDIC.
Apple and Apple Pay are trademarks of Apple Inc. registered in the U.S. and other countries.
Android is a trademark of Google Inc.
Samsung and Samsung pay are trademarks of Samsung Electronics Co., Ltd. Use only with accordance with law.
Mastercard and the Mastercard Brand mark are registered trademarks, and masterpass and the circle design are trademarks of Mastercard International Corporation.
Third party websites may have privacy and security policies different than BMO Harris N.A. Links to other websites do not imply the endorsement or approval of such websites. Please review the privacy and security policies of web sites reached through links from BMO Harris N.A. web sites.
SOURCE BMO Harris Bank
For further information: Media contacts: Emily Penate, Chicago, Emily.Penate@bmo.com, (312) 461-7956