Remember CurrentC, the mobile payment service that kept getting in Apple’s way when Apple Pay launched a few years ago? MCX is the merchant consortium that was behind the QR code-based mobile payment service that ultimately never launched, and today JPMorgan Chase announced that it has acquired MCX’s payment technology.
chase Stories March 10
chase Stories October 26, 2015
Yet another bank has announced today that it is launching its own mobile payment solution. At the Money20/20 conference in Las Vegas today, Chase announced that it is launching Chase Pay. Chase Pay is digital wallet solution similar to Apple Pay that allows users to pay with their phones at retail locations and online (via Re/code).
chase Stories February 24, 2015
Chase says it has activated 1 million Apple Pay users since launch
During a conference call with JPMorgan Chase investors today, executives announced that Chase Bank has activated over one million Apple Pay accounts since the service launched last year (via AppleInsider). The bank revealed some statistics about who’s using Apple Pay with their Chase cards, and how they’re using it.
Chase found that the average Apple Pay user is nine years younger and makes 21% more money than its average customers. Apple Pay users also used their credit cards more often, and were more likely to add a credit card than a debit card to their account.
Earlier this month Apple added support for 19 new banks, bringing the total number of financial institutions supporting Apple Pay to over eighty. Just a few weeks before that 15 additional banks were added to the lineup.
chase Stories December 17, 2014
We heard earlier this week that the Orlando Magic would become the first NBA team to offer Apple Pay to fans through a partnership with Chase. Today we get the official announcement from the team confirming an Apple Pay launch at the Amway Center for this Friday, Dec. 19 and some other details regarding special promos: expand full story
chase Stories November 24, 2014
The ad, out of creative agency Saatchi & Saatchi, features members of indie pop band Bleachers roaming Los Angeles in the hours leading up to a performance. The musicians make purchases along the way using their Chase Freedom credits cards — but through Apple Pay on their iPhones, not the physical cards.
Chase said that Apple was heavily involved with the ad … expand full story
chase Stories October 22, 2014
A fix for a bug in Apple Pay that causes credit cards from Chase and others to not display the correct physical card design is being worked on, according to sources close to the situation. expand full story