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How To Activate BMO Debit/Credit Card In 2024?BMO debit cards use the MasterCard debit payment system, and hence, they may be used at any merchant worldwide accepting MasterCard if Interac. Chip cards will continue to have a magnetic stripe on the back. This ensures that chip cards will continue to be accepted where chip technology is not available. Your BMO Mastercard� credit and debit cards have chip and magnetic stripe technology. This means that, regardless of the type of terminal, you'll be able to use.
