Bank of
America-issued corporate payment cards can now be used with Apple Pay and
Google Pay throughout the EMEA and APAC regions, making the bank the first
issuer to offer mobile wallet compatibility for corporate cards in all major
global regions, according to BofA. The bank made its corporate cards available
through mobile wallets in the US and Canada in 2018. The mobile wallet
capability is currently available to users in 29 countries in EMEA and APAC,
with additional countries expected to be added, BofA said.
The use of
corporate cards via mobile wallet services had already been picking up steam in
recent years, but the onset of the global Covid-19 pandemic is widely expected
to turbocharge adoption of the model, given the increased emphasis on
contactless payment methods amid hygiene and safety concerns.