Bank of Montreal (BMO) - in conjunction with MasterCard (MA) - launches its Mobile PayPass Tag,...

|About: Bank of Montreal (BMO)|By:, SA News Editor

Bank of Montreal (BMO) - in conjunction with MasterCard (MA) - launches its Mobile PayPass Tag, allowing customers to make payments using a sticker attached to their mobile phones. PayPass tags are already embedded in millions of credit cards and account for 10% of all Canadian MasterCard transactions.