The Voice of P2P Automation from the Finance Process Gurus at PayStream Advisors.

Government of Canada Selects BMO Financial Group and MasterCard As Official Travel Card Supplier

Posted On April 10, 2013 by PayStream Advisors

BMO Financial Group (BMO) recently announced it had succeeded in its bid to provide an integrated travel and expense management program, in partnership with international corporate services provider HRG, for the Government of Canada. The agreement will run until April 2022, and will entail rolling out approximately 100,000 BMO-issued Travel MasterCard® cards to more than 100 Government of Canada departments and agencies within the next 12 months.

Federal government employees will enjoy the unsurpassed acceptance of MasterCard®, the most accepted corporate card in the world. The corporate travel cards, issued by BMO, will be used for all government employees' travel spend and will be fully integrated with the world-class benefits of HRG's travel, booking, expense and data management solutions.

"Government organizations today want smarter solutions that optimize travel management and improve the travel experience for employees," said Andrew Irvine, Head of Corporate Payments, North America, BMO Financial Group. "BMO's dedicated public sector card team has a long history of successfully helping Canadian municipal and provincial governments manage travel, and meet disclosure requirements, through our robust and detailed travel spend data."

"We know federal government employees will see the benefits of travelling with a BMO issued MasterCard, and they will come to enjoy the advantages of unsurpassed global acceptance, security and flexible features," said Richard McLaughlin, Senior Vice President, Global Products and Solutions at MasterCard Canada. "We've worked with BMO Financial Group to provide the Federal Government with a credit card that will help them manage travel spend and also provide employees with the best travel experience."

BMO Financial Group is a leading provider of commercial card and treasury solutions in North America. In addition to the recent travel agreement, BMO has served the Government of Canada as its purchasing card solution provider since 2003.

Click here to view the entire BMO press release.

Stay tuned for PayStream’s 2013 Travel and Expense Management report that is slated for publication early next week. Mark your calendar to check back.

Government of Canada Selects BMO Financial Group and MasterCard As Official Travel Card Supplier

Comments

Discussion Topics

Recent Posts