JP Morgan Chase Eyes Payment System Like PayPal
Chris Sanders reports for Reuters on comments made by JP Morgan Chase's Heidi Miller regarding future plans for new payment services.
"Yes, we are looking at all our options," Miller said during an interview with Reuters, responding to a question whether the bank would create an Internet pay system like PayPal. She added the bank has a payments steering committee studying the best way for it to take advantage of changes in the way consumers and businesses make and receive payments.
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