Amazon has been in discussions with banks to create a product aimed at teens and other younger users who don’t have their own credit cards, or an interest in applying for one, according to a new report from Bloomberg. The company reportedly has held early stage talks with banks including JP Morgan Chase and Capital One, with the goal of creating some sort of checking account-type service that would make it easier for Gen Z customers to shop Amazon’s site. This is not the first time Amazon has been said to be talking to banks about establishing some sort of banking product of its own. Earlier this month, The WSJ reported Amazon was talking to big banks, including JPMorgan Chase, about building a checking account product.

Topics:  jp morgan chase   capital one   gen z   earlier   the wsj   jpmorgan chase   amazon cash   u.s there s   we ve   bloomberg   amazon   amazon s   launch   report   bank account   aimed at teens   credit   parents   users   banks   product   younger   company   set   purchases   banking   cards   card   accounts   interested   noted   including   debit   sort   creating   don   shop   talking   products   appeal   site   retailer   checking   market   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News