JPMorgan Chase & Co.
With Tap to Pay on iPhone, Sephora's Beauty Advisors can accept contactless credit and debit cards, Apple Pay, and other digital wallets anywhere in the store simply by using their iPhone.
J.P. Morgan Payments will expand Tap to Pay on iPhone to U.S. merchants over the next year, including small-and-medium-sized business merchants.
"As consumer payment needs continue to rapidly evolve, this is a significant demonstration of our ability to innovate at scale to support our merchant clients through this ongoing transformation," said Takis Georgakopoulos, Global Head of Payments, J.P. Morgan.
Price Action: JPM shares are trading lower by 0.36% to $148.94 on the last checked Tuesday.