U.S. Bank is First to Offer Mobile Payments for Visa ® Commercial Cards
Commercial travel card holders can now pay on the go with compatible devices
U.S. Bank Corporate Travel Card clients will soon have the convenience of paying for expenditures via mobile with Apple
Pay®, Android Pay® or Samsung Pay®. This new functionality allows commercial cardholders to
conveniently and 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 Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170320005146/en/
U.S. Bank is first to bring Visa mobile payments to business travel (Photo: U.S. Bank).
“Business travelers are increasingly expecting the same convenience and security in their business transactions as they
experience with their personal transactions,” said Jeff Jones, president of U.S. Bank Corporate Payment Systems. “Consumer use of
mobile payments is growing every day. Launching a corresponding capability for business travelers is the next logical step. This
new functionality is a great compliment to our 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.
“More and more consumers are enjoying mobile payments in their personal life and expect to use the same easy ‘one handed’
payment solution when they are working and traveling in their professional life,” said Vicky Bindra, global head of
Products and Solutions for Visa. “For this reason, we are thrilled to work with U.S. Bank to help enable the security and
convenience of mobile payments to U.S. Bank corporate card customers.”
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.
©2017 U.S. Bank
About U.S. Bank (www.usbank.com)
Minneapolis-based U.S. Bancorp (NYSE: USB), with $446 billion in assets as of December 31, 2016, is the
parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates
3,106 banking offices in 25 states and 4,842 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and
payment services products to consumers, businesses and institutions.
U.S. Bank Corporate Communications
Bill Brady, 612-303-0731
Mobile: 651-728-2248
bill.brady@usbank.com
or
William Mills Agency
Deborah Harris, 678-781-7220
deborah@williammills.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20170320005146/en/