Mobile Wallets For PNC’s Commercial Cards

Emerging payment technologies have the potential to dramatically transform the way organizations make payments.

Commercial card payment professionals are eager to adopt capabilities that provide convenience, increased security and process improvement. Mobile payment channels are one way for companies to achieve these goals.

• The advantages of the latest payment technologies are well-appreciated by commercial card payment professionals.^[1]
• Mobile technology has been rapidly evolving to support the needs of business travelers.^[2]
• While the majority of current mobile usage supports flight, hotel or car rental bookings, mobile capabilities are increasingly being deployed for point-of-sale payment-related activity.^[3]
• Over the next three years, the number of companies using mobile devices to pay for travel services is projected to increase.^[4]

Mobile Wallet Payments and PNC’s Commercial Cards

PNC is one of the first U.S. banks to extend mobile payment functionality to a commercial card product suite. We expect this new capability will help our commercial card clients to better meet the changing demographics and payment preferences of their employee base in this constantly evolving payment landscape.

Clients can now add a PNC commercial card to a mobile wallet app to make in-store purchases at merchant locations that accept contactless payments and “in-app” purchases when the corresponding mobile wallet icon is displayed as a payment option. This provides a convenient and secure payment option for business travelers, while also streamlining the back-end reconciliation process for administrators.

Eligible Technologies and Devices

To start using one of the following mobile wallet applications, cardholders must ensure their branded eligible device is running the most recent version of software.

Simplify Purchasing While Increasing Security

By linking to a PNC commercial card, our clients have access to the same protections and benefits they enjoy when using their plastic cards at the point of sale or online. In addition, the mobile payment apps provide a range of security features:

• Commercial card numbers are not stored on the mobile device; a unique “virtual” account number is created by the app for each transaction (tokenization).
• Account numbers are never shared with the merchant.
• Cardholders are authenticated through a two-step identification and verification process when adding their commercial card. 
• Transactions monitored by the same PNC security & privacy that protects a physical PNC commercial card.

Getting Started

After confirming that your commercial card policy permits the use of mobile wallets, follow these simple steps to start using your PNC commerical card today to make purchases using Apple Pay, Samsung Pay or Android Pay.

The introduction of mobile wallet payment functionality to our commercial card products underscores PNC’s commitment to providing innovative solutions that reflect our clients’ changing needs, preferences and spending behaviors.

Key Links and Additional Information

Visit the links below to learn more about using mobile wallet technology with your PNC Commercial card.