Overview
In a new research note titled A Deep Dive into Chase Pay, Mercator Advisory Group analyzes the probable structure and workings of the new payments solution and considers its likely prospects among consumers and merchants and its likely impact on the payments industry.
“Clearly Chase has decided that ChaseNet is a success and has doubled down by announcing Chase Pay, which adds a mobile wallet to its alternative payment network that implements a collapsed interchange model and promises to better align with merchant needs. Chase Pay has already partnered with the MCX consortium,” comments,” said Tim Sloane, VP, Payments Innovation, and author of research note.
This research note is 17 pages long and contains 4 exhibits.|
Companies mentioned in this document include: Apple, Google, JPMorgan Chase, PayPal, Samsung, Starbucks, and Visa as well as 18 technology vendors identified by Chase as partners in Chase Pay.
One of the exhibits included in this report:
- Description of the probable components of the solution
- Analysis of benefits to merchants
- Routing and regulatory considerations
- MCX wildcard
- Potential effects on merchants acquirers’
- Profiles of 18 technology vendors designated by Chase as “helping merchants to accept Chase Pay”
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