JPMorgan Chase to Close Stand-Alone Chase Pay App in Early 2020

Date : 08/21/2019 @ 12:49PM
Source : Dow Jones News
Stock : JP Morgan Chase and Co (JPM)
Quote : 116.51  0.37 (0.32%) @ 6:09PM

JPMorgan Chase to Close Stand-Alone Chase Pay App in Early 2020

JP Morgan Chase (NYSE:JPM)
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By Colin Kellaher

 

JPMorgan Chase & Co. (JPM) on Wednesday said it will close its stand-alone Chase Pay app early next year and focus on expanding the service to more merchant apps and websites.

"We continue to focus on our customers and they are using the Chase Pay button on merchant websites and in merchant apps, and now their tap-to-pay Chase cards more than ever," the New York bank said.

Chase said customers will soon be able to use Chase Pay in many more merchant apps and websites in the coming months, including GrubHub Inc. (GRUB) and the more than 60,000 merchants in the BigCommerce network.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

August 21, 2019 07:34 ET (11:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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