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JPMorgan (JPM) gets into the mobile payments business, beginning to equip stores with devices to...
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Wednesday, June 27, 2012, 8:13 AM ETJPMorgan (JPM) gets into the mobile payments business, beginning to equip stores with devices to accept payment from cell phones and credit cards embedded with special chips. The bank is trying to protect its 11.6% share (8.2B transactions/year) of the card processing market for merchants.
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