The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Walmart and JPMorgan team up to enhance payments for online sellers
Walmart has partnered with JPMorgan Chase to expedite payments for merchants on its marketplace platform, which features over 700 million items from 100,000 sellers. This collaboration allows merchants to manage cash flow effectively using JPMorgan's systems, with plans to expand the service beyond the U.S. as marketplace sales surged 40% in the last quarter.
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