J.P. Morgan Chase & Co. (JPM), a commercial and investment banking giant, announced to have launched a digital bill payment product, powered by Paymentus (PAY). Following the news, shares of the company rose 1.4% on Friday. The new solution will equip customers with a single, modern platform for customer engagement, bill presentment and payments. As of December 2020, Paymentus’ omnichannel, unified and highly configurable solution was being availed by 16 million customers and businesses (from local municipalities to Fortune 50 companies).  (See J.P. Morgan stock charts on TipRanks) The Global Head of Payments & Commerce Solutions at J.P.
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Paymentus (NYSE:PAY)
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