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Bank of Montreal, Mastercard Enable Embedded Virtual Card Payments in Enterprise Software

Bank of Montreal, Mastercard Enable Embedded Virtual Card Payments in Enterprise Software

MT newswireMT newswire2026/10/01 13:48
09:48 AM EDT, 10/01/2026 (MT Newswires) -- Bank of Montreal (BMO) and Mastercard (MA) launched an embedded payments solution allowing eligible BMO Corporate Card clients to manage virtual card payments within enterprise software platforms, the companies said Thursday. The solution is available in Canada and the US through participating enterprise software platforms, enabling clients to make supplier, travel and corporate expense payments within existing workflows, the companies said. BMO said it is the first Mastercard issuer in Canada to offer embedded finance and payments through virtual cards, using Mastercard's Commercial Express framework to standardize integrations. Price: 165.12, Change: -2.12, Percent Change: -1.27
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