Instacart, DoorDash plans to introduce credit cards: WSJ

© Reuters. A DoorDash deliverer is pictured on the day he holds his IPO

(Reuters) – U.S. grocery delivery app Instacart Inc and grocery shipping company DoorDash Inc are planning to launch their own credit cards, the Wall Street Journal reported Wednesday, citing people familiar with the matter.

JPMorgan Chase & Co (NYSE 🙂 will issue the card from Instacart and is also partnering with Doordash, which has received offers from more than 10 major banks, according to the report https://on.wsj.com/3s4K40E.

Instacart and DoorDash did not immediately respond to requests for comments.

Delivery companies saw booming demand as more and more people stay in the house and order during the COVID-19 pandemic.

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.

Fusion Media or any person involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

Comments are closed.