Payments

10:17 AM
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

U.S. Bank Introduces EMV-Enabled Corporate Card

The U.S. Bank Global EMV Card will contain both mag-stripe and EMV chip technology.

U.S. Bank announced today that it will begin offering EMV-enabled corporate credit cards to its U.S. customers who travel internationally.

The U.S. Bank Global EMV card contains the mag-stripe technology used in the United States, but also includes the EMV chip technology widely used in Canada, Europe and other places around the world. Combining both technologies on one card ensures that purchases can be processed around the world and also gives employers a way to introduce EMV technology to their cardholders, the bank said.

[Related Content: Bank of America Offers EMV to Corporate Customers.]

The EMV card is being offered as an optional component on most U.S. Bank commercial card lines and as a standard offering for the U.S. Bank Executive and Executive Platinum cards. It is available on both Visa and MasterCard platforms.

"For international business travelers, the U.S. Bank Global EMV Card delivers greater convenience and compatibility with overseas merchants," said Jeff Rankin, senior sales and marketing officer for U.S. Bank Corporate Payment Systems, in a written statement. "It allows cardholders to go anywhere in the world with confidence. This natural evolution of our travel card offering promises to bring more global consistency to our customers."

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Dec. 2, 2014
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.