7 Banks Team Up to Create Digital Wallet, Challenging PayPal and Apple Pay
Retail TouchPoints
JANUARY 24, 2023
JPMorgan Chase , Bank of America , Wells Fargo and the four other banks behind the money transfer network Zelle are developing a digital wallet to challenge the dominance of PayPal and Apple Pay. “EWS is working closely with financial institutions to build a wallet that provides consumers a secure and easy way to pay.
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