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Never going to happen. Chase just launched its first person-to-person payment platform. It's terrible. Despite being for Chase customers only, it's not even rea
by thinkcomp 15y ago
Never going to happen. Chase just launched its first person-to-person payment platform. It's terrible. Despite being for Chase customers only, it's not even real-time.
How long did it take them to build it post-PayPal you might ask?
Twelve years.
- pjg 15y agoGoogle "c2it" it was a P2P competitor launched by Citibank circa 2000 to take on Paypal. Never went anywhere. So I generally agree that Chase's attempt (combined with Wells and BoA - which I believe are other two banks in the consortium called ClearXexchange ) is unlikely to succeed unless they have some "out of the box approach"