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The payment firm, which experienced a large but fleeting demand from at-home workers during the pandemic, is moving ahead with products designed for the needs of a transforming economy.
PayTile users can pay anyone near them, but they don't have to disclose their name, email address or phone number to the recipient.
Visa has long been Chase's dominant credit card-issuing partner, but Mastercard is making noteworthy inroads, underscored by Chase's new Mastercard-branded DoorDash credit card.
Buy now/pay later loans took off during the pandemic, but the market has gotten crowded. Now, lenders are seeking to set themselves apart with new audiences or business models.
The fintech is working with MX Technologies and other firms to help clients reduce their reliance on traditional card networks without scrimping on fraud prevention.