BMO Harris Launches Digital Wallets For Cards

BMO Harris Bank announced Thursday (Jan. 19) the launch of BMO Harris Bank Masterpass, Android Pay and Samsung Pay digital wallets for select BMO Harris Bank credit and debit cards.

In a press release, the bank said the new digital wallet lineup is one of the ways in which BMO Harris is trying to digitally connect customers to payments without the need to whip out a wallet or card. BMO Harris Bank Masterpass, Android Pay and Samsung Pay are available for BMO Harris Bank personal credit cards, personal debit cards and small business debit cards only. More BMO Harris Bank card products will be available for use with digital wallets later this year, the bank said.

“We are constantly seeking new ways to make the customer experience more enjoyable, seamless and secure, and these new digital wallets are an example of our commitment,” said Patrick Strieck, managing director of U.S. Retail and Small Business Payments at BMO Harris Bank, in a press release. “Our partnership with Mastercard allows us to differentiate our product suite in the marketplace, and we are thrilled to debut our new digital wallets and enrich the shopping experience for our customers.”

The bank said that with its BMO Harris Bank Masterpass, purchases are expedited wherever contactless payments are accepted, while transactions are made with a tap using the BMO Harris Bank Masterpass app, which pays securely with the user’s digitized debit or credit card number assigned within the app. With Android Pay and Samsung Pay users hold an NFC-enabled device near a participating terminal and the payment is made. Samsung Pay users will also be able to make contactless purchases at merchant point-of-sale swipe terminals, BMO said.