JPMorgan to Shutter Chase Pay App

The video discusses the convenience of mobile payments and why JP Morgan is moving away from them in the US. It highlights the challenges faced by JP Morgan, such as consumer preference for credit card rewards and technology issues with merchant adoption. Despite these challenges, JP Morgan remains committed to digital payments, investing heavily in technology and trying to increase merchant acceptance.

How much money has JP Morgan reportedly spent on technology related to digital payments?

What percentage of merchants have accepted the Chase Pay app after four years of effort?