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JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts

PYMNTS

JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg reported on Wednesday (Nov.

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Open Banking Could Become a Mainstream Payment Method in 5 Years Time Surpassing BNPL, emerchantpay Research Finds

Fintech Finance

New research released today by emerchantpay , a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies.

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JPMorgan Develops Wallet To Help Tech Firms Offer Virtual Bank Accounts

PYMNTS

JPMorgan Chase developed an eWallet product for tech companies like Airbnb, Lyft and Amazon designed to help them provide customers with virtual bank accounts, Bloomberg reported on Wednesday (Nov.

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Payment Trends to Watch For in 2021

Payment Savvy

Instead, their preferred payment method can be loaded automatically from eWallets. Additionally, software evolvement has made it easy to embed payments into applications hence supporting frictionless payments further. Furthermore, mobile payments expect to be a major trend in 2021.