Best Buy, Chase Sign Deal To Offer Mobile Payment In Stores, Online

NEW YORK (AP) — Chase signed a multi-year deal with electronics retailer Best Buy to offer the bank’s Chase Pay mobile payment option in its stores and online.

The payment service allows Chase customers to use their phones to pay for products by accessing their Chase accounts. Customers can also shop online using their Chase accounts.

Chase customers have more than 90 million consumer credit and debit card accounts, and nearly 24 million actively use the Chase mobile banking app.

Other merchants accepting Chase Pay include 1-800 Flowers.com and Phillips 66.

(© Copyright 2016 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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