Get access to our best features

Get access to our best features

Banks Plan Payment Wallet to Compete With PayPal, Apple Pay

Summary by Ground News
Several banks are reportedly working on a digital wallet that links with debit and credit cards, in a bid to compete with Apple Pay and PayPal, the Wall Street Journal reports.
Published 2 months ago · New York, United States

News Articles

More Filters
All
Left
Center
Right

Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay

According to The Wall Street Journal, the digital wallet would be operated by Early Warning Systems, a joint venture from several banks that also runs Zelle.

2 months ago·United States
Read Full Article

The big banks want to take on PayPal in e-commerce, but that's harder than it seems

PayPal helped make it easy for consumers to store their payment information for online purchases. Now the banks want in on that game

2 months ago·United States
Read Full Article

Banks Plan Payment Wallet to Compete With PayPal, Apple Pay

Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout

2 months ago·New York, United States
Read Full Article

Banks behind Zelle to develop digital wallet to compete with PayPal, Apple (NYSE:BAC)

The banks that are behind peer payment app Zelle are now developing a digital wallet to compete with the liked of PayPal and Apple Pay, the Wall Street Journal reported Monday,...

2 months ago·United States
Read Full Article

Major banks working to launch digital wallet to compete with PayPal, Apple Pay

The banks considered a plan to use Zelle for online shopping, but the proposal was axed due to concerns about fraud.

2 months ago·Washington, United States
Read Full Article

Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023

The essential tech news of the moment. Technology's news site of record. Not for dummies.

2 months ago
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

71% of the sources are Center
CNBC
MarketWatch
Seeking Alpha
Bloomberg Law
Barron's
Wall Street Journal
justthenews.com
C 71%
R 29%
See less detail