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.
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