JP Morgan Chase
News stories featuring JP Morgan Chase:
March 13th, 2017
US bank JPMorgan Chase is to acquire the payments technology of US retailer-led consortium MCX to “help expand” the Chase Pay mobile payments service. “Chase executives wanted to acquire the technology to use in lieu of building separate parallel technology to serve non-MCX members,” the bank says. “This will help us get to market faster,” adds Chase Pay’s Jennifer Roberts. MCX was a launch partner of Chase Pay and ended its CurrentC mobile wallet pilot in June 2016.
December 9th, 2016
US consumers using the Chase Pay QR code-based mobile payments service can now order ahead, pay for food and access special offers at participating Boston restaurants using the app. JP Morgan Chase is collaborating with LevelUp to offer the service, which will be expanded across the US next year. “Customers can pay when they order ahead or in person at LevelUp or Chase Pay-branded scanners at the counter,” Chase says.
November 8th, 2016
US supermarket giant Walmart is in talks with “several mobile wallet companies” to offer more payment options within its Walmart Pay QR code-based mobile payment service, the retailer tells Reuters. Walmart announced a deal with JPMorgan Chase last week that will allow its shoppers to check out through Walmart Pay using Chase Pay.
November 3rd, 2016
US retail giant Walmart has become the latest to announce its support for Chase Pay, with plans to enable its customers to make payments through the mobile payment service online and in-app as well as…
August 24th, 2016
US bank JPMorgan Chase is to support Android Pay from 7 September 2016, claims a leaked internal document seen by Android Police. “According to an anonymous Chase employee, Chase will begin supporting Google’s NFC-based payment system in just over two weeks,” the publication says. “This includes Chase consumer credit cards that are Visa-branded, both business and consumer debit cards and Chase Liquid cards.” The bank unveiled its own Chase Pay mobile payments service in October 2015.
August 10th, 2016
Mastercard and Visa have joined Early Warning’s peer-to-peer network ClearXChange, allowing US consumers to send money to others using their Mastercard or Visa credit and debit cards. The payment networks join Capital One, Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service, made available to all member financial institutions in June 2015.
July 12th, 2016
Customers of Capital One in the US can now make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. The bank joins Bank of America, US Bank, JP Morgan Chase and Wells Fargo in supporting the service which was made available to all member financial institutions in June 2015.
June 28th, 2016
Customers of Wells Fargo in the US will soon be able to make real-time P2P transactions through Early Warning’s bank-led digital payments network ClearXChange. “Beginning August 1, Wells Fargo’s service will allow its customers to send funds in real-time at no cost to any customer of a bank that participates in the real-time service,” the bank says. ClearXChange was made available to all member financial institutions in June 2015. JPMorgan Chase also signed up to the service earlier this month.
June 22nd, 2016
Microsoft has introduced an NFC payment feature for users of Windows 10 Mobile devices in the US through its Microsoft Wallet app. The company says the move comes “in response to feedback” from its customers and with…
June 16th, 2016
JPMorgan Chase has joined its US rivals in letting its customers transfer money in real time between financial institutions signed up to bank-led digital payments network ClearXChange. “JPMorgan, whose Chase QuickPay product handled US$20bn in P2P transfers last year, began offering the service Sunday after customers requested it,” Bloomberg reports. ClearXChange was made available to all member financial institutions in June 2015.
June 10th, 2016
Motorists will soon be able to pay for purchases from oil and gas company Shell using Chase Pay, the QR code-based mobile payment service unveiled by JPMorgan Chase in October 2015. Shell will accept Chase Pay in all of its stations across the US.
May 17th, 2016
US retailer-led consortium MCX has postponed the nationwide rollout of its CurrentC mobile wallet and has laid off approximately 30 of its employees. The decision was taken in order to “concentrate more heavily” on other…
February 24th, 2016
Users of Chase Pay will soon be able to buy food and drinks at more than 7,500 Starbucks cafés in the US through the coffee chain’s own mobile app or with the Chase Pay app. “[The] Chase Pay mobile app will be accepted at 7,500 Starbucks locations by the end of this year,” JPMorgan Chase’s Gordon Smith revealed at the bank’s 2016 Investor Day. The solution will also be “embedded in the Starbucks mobile app”. Chase Pay, unveiled in October 2015, is a closed-loop barcode based mobile payment system available to holders of 94m credit, debit and prepaid card accounts.
February 1st, 2016
Bank of America and Wells Fargo are working on integrating NFC into their ATMs to let customers complete transactions using their smartphones and services such as Apple Pay, according to TechCrunch. “Engineers at both companies have been placed on multi-month assignments to build the Apple Pay options,” the publication says. Reports that the banks were working on mobile at the ATM first surfaced in December 2015. JPMorgan Chase is also working on adding NFC to its ATMs.
January 28th, 2016
JPMorgan Chase is to roll out ATMs that will let customers withdraw cash using their mobile phone. “The first generation of these ATMs will allow customers to access the machine by inputting a code found on their Chase mobile app,” CNBC reports. “Future upgrades of machines will allow customers to use their cellphone’s near-field wireless communication feature to access their accounts.” Wells Fargo and Bank of America are also working on mobile cash withdrawals at ATMs.
December 10th, 2015
Customers at US supermarket chain Walmart will soon be able to pay for purchases by scanning a QR code at the point of sale using Walmart Pay, the retailer’s own mobile payment service. Walmart Pay will be integrated into the Walmart app and introduced in select stores this month, with a nationwide launch expected in the first half of next year.
November 3rd, 2015
Users of Chase Pay, the new mobile payments service from JP Morgan Chase, will be able to make mobile payments at the pump through a programme launched by mobile commerce provider P97 Networks. “Chase’s strategic partnership with P97 will allow Chase Pay to seamlessly integrate with retail site systems through P97’s PetroZone Mobile Commerce Platform including mobile payment capabilities, digital marketing, loyalty programs and customer reward systems,” P97 says.
October 29th, 2015
US retailer-led mobile wallet consortium MCX, which announced a deal earlier this week to support JP Morgan Chase’s new Chase Pay service, is expanding its Columbus, Ohio pilot to include 200 stores operated by “12 large retailers”. “MCX may expand the test gradually to other states in the first quarter of next year,” CEO Brian Mooney has told Reuters. “Customers who have used the product are using it more than once a week,” Mooney said.
October 27th, 2015
JP Morgan Chase has unveiled Chase Pay, a “closed loop network with access to credit and debit customers” that leverages the bank’s 94m debit, credit and prepaid card accounts, uses QR codes for mobile payments and will be accepted by all members of the MCX retailer-led mobile payments consortium.
February 26th, 2015
More than a million JPMorgan Chase cards have now been activated for use on Apple Pay since the mobile payment service launched last year, the bank has revealed, and 69% of the activated cards are credit cards….
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