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.
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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.
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,...
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
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