Technology

Sources: banks including JPMorgan, Bank of America, and Wells Fargo are considering whether to use Zelle as a payment option to compete with Visa and Mastercard (Wall Street Journal)

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Wall Street Journal:

Sources: banks including JPMorgan, Bank of America, and Wells Fargo are considering whether to use Zelle as a payment option to compete with Visa and Mastercard  —  The money-transfer service boomed amid pandemic.  Some banks want to expand it to retail payments.



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