One of the nation’s top business card issuers is adding the convenience of paying for expenditures via mobile with Apple Pay, Android Pay or Samsung Pay. U.S. Bank Corporate Travel Card clients will be able to securely pay on the go with compatible devices, making U.S. Bank the first financial institution to offer a mobile payment solution for Visa corporate card transactions.
This new functionality is a great compliment to the U.S. Bank Access Online mobile app. Together, they become a powerful mobile toolkit for managing commercial card accounts on the go.
As with consumer transactions, paying via mobile payments offers added layers of security through a process called tokenization, which protects sensitive credit card information and reduces opportunities for fraud because actual card numbers are not stored on the device or at the retailer. In many cases, this provides for a more secure and quicker transaction than using a physical card at checkout.
Select U.S. Bank commercial clients can add their U.S. Bank Corporate Travel Card to their mobile payment app service now. A wider launch to all commercial clients is scheduled later this spring. Commercial customers of the bank are encouraged to contact their U.S. Bank commercial card relationship manager or account coordinator with questions.