homeWelcome, sign in or click here to subscribe.login
     


 

 

Money


Subscriber content preview

May 31, 2016

Banks are making it easier for people to split the tab

  • Banks face pressure from payment companies like Venmo and Square Cash that that offer ways to split the bill.
    • By KEN SWEET
    AP Business Writer

    NEW YORK — Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don't all use the same bank.

    JPMorgan Chase, Wells Fargo and other big banks are upgrading their online payment services to let customers make instant transfers of money to others who bank elsewhere, often at no cost.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.