JP Morgan Chase and Mastercard Take Pay-by-Bank Live, Solution Provides Billers With The Ability To Allow Their Customers To Pay Bills Directly From Their Bank Account
Portfolio Pulse from Benzinga Newsdesk
JP Morgan Chase and Mastercard have launched a Pay-by-Bank solution, enabling billers to allow their customers to pay bills directly from their bank account.
October 20, 2023 | 10:47 am
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POSITIVE IMPACT
JP Morgan Chase has partnered with Mastercard to launch a Pay-by-Bank solution, which could potentially increase its customer base and transaction volume.
The launch of the Pay-by-Bank solution could attract more customers to JP Morgan Chase, as it simplifies the bill payment process. This could potentially increase the bank's transaction volume, positively impacting its revenues.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Mastercard's partnership with JP Morgan Chase for the Pay-by-Bank solution could increase its transaction volume and strengthen its position in the digital payments market.
Mastercard's partnership with JP Morgan Chase could increase its transaction volume, as more customers use the Pay-by-Bank solution. This could also strengthen Mastercard's position in the digital payments market.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100