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Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report

In the second half of 2023, seven major banks could co-launch a digital wallet service. These banks include Wells Fargo, Truist, Capital One, PNC Bank, and the US Bank along with Bank of America and JP Morgan. The banks involved in this project are looking to prevent losing customers, who are accustomed to using instant online payment services and digital wallets.

Author: . [Source Link (*), Gadgets 360]

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