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Another bank joins mobile payment team
The mobile payment arena keeps getting more crowded.
Two weeks after U.S. bank Capital One partnered with MasterCard and Visa to offer contactless mobile payment capability in its Capital One Wallet app, another major bank plans to offer a mobile payment app.
J.P. Morgan Chase & Co. is launching Chase Pay, a tokenized mobile payment service for in-store, in-app and online purchases. Interestingly, Chase is partnering with MCX, a retailer-backed mobile payment consortium, as its premier partner.

