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Banks plan payment wallet to compete with PayPal, Apple Pay

wsj

2 min read . Updated: 23 Jan 2023, 05:12 PM IST AnnaMaria Andriotis, The Wall Street Journal

Wells Fargo is part of a group of big banks that expect to enable 150 million debit and credit cards for use within a digital wallet. (Photo: AFP) — Wells Fargo is part of a group of big banks that expect to enable 150 million debit and credit cards for use within a digital wallet. (Photo: AFP)

Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout

Big banks are teaming up to launch a digital wallet that people can use to shop online.

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