Citi Commercial Cards is to enable its business customers in more than 60 markets worldwide to digitise their plastic corporate payment card or provision a virtual card into a mobile wallet and use it to make NFC mobile payments. citi NFC mobile payments

“This offering will give our corporate clients a convenient way to instantly provision a card into their mobile wallet of choice to pay seamlessly and securely on the go,” Citi’s Gonca Latif-Schmitt says.

Citi is to facilitate the provisioning of cards into mobile wallets by integrating Marqeta’s tokenization-as-a-service solution into its existing systems.

Citi Commercial Bank (CCB) – which serves mid-sized companies in over 60 countries – has plans to hire 900 people, including over 400 commercial bankers, in the next three years as the business seeks to fast-track growth.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Mobile Wallets citi NFC mobile payments