New Digital Wallet Hitting the Market: Banks Compete with Apple and PayPal

Banks are making a move to create their own digital wallet to compete with the popular payment services Apple Pay and PayPal! Wells Fargo, Bank of America, JP Morgan Chase, and other major banks will be participating in this venture, set to launch in the second half of 2023.

Join Ari in this video for more information about the new digital wallet and how banks are trying to keep customer relationships away from big tech companies like Apple. Watch now to learn more!

Like this video? You'll love the article it came from: https://www.fundandgrow.com/blog/banks-create-digital-wallet-compete-apple-pay-paypal

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