JP Morgan Chase to Move Much of Debit Card Business to Visa
Robin Sidel reports in the Wall St. Journal that JP Morgan Chase will move much of its fast-growing debit card business to the Visa brand.
The decision solidifies Visa USA Inc.'s existing dominant relationship with J.P. Morgan, which is now the nation's largest issuer of credit cards. It also is significant because much of the card industry's growth is expected to come from debit cards.
Stumble It!
Add your comment... (note that all comments are reviewed before they're published)