Mastercard announced partnership with Canadian bank

Mastercard Send facilitates international payments for BMO business and commercial banking clients

Mastercard announced partnership with Canadian bank. Source: shutterstock.com

Mastercard and BMO Bank of Montreal announced that the bank will implement Mastercard Send to deliver transparent international payment services to its Canadian-based business and commercial banking clients.

With Mastercard Send, BMO can offer its clients the ability to send cross-border payments securely to bank accounts in more than 75 countries. The partnership will initially focus on bank account transfers, but will expand to include payments to mobile wallets and cards internationally.

BMO has a long history of serving cross-border customers across a wide range of industries, and our capabilities and experience in this area are a key differentiator for us. As a result, we have a deep understanding of the complexities involved in running a cross-border business, including as it relates to payments, and this latest offering with Mastercard Send reflects our commitment to providing customers with solutions that deliver against their changing expectations and needs
Sharon Haward-Laird, Head, North American Treasury & Payment Solutions, BMO Bank of Montreal

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