Shares of JPMorgan Chase & Co. (NYSE:JPM) ended Thursday session in green amid volatile trading. The shares closed up +0.09 points or 0.13% at $67.25 with 12.25 million shares getting traded. Post opening the session at $67.22, the shares hit an intraday low of $67.00 and an intraday high of $67.68 and the price vacillated in this range throughout the day. The company has a market cap of $241.90 billion and the numbers of outstanding shares have been calculated to be 3.61 billion shares.
On September 7, 2016 Chase Visa® consumer credit and debit cardholders can now use Android Pay™ to make simple and secure payments in stores and in mobile apps.
Chase customers with Android Pay-enabled devices can make purchases with their phone at millions of store locations nationwide that accept contactless payments, and within many Android apps. Chase cardholders maintain all of the rewards, benefits and services they have come to expect when using their Chase Visa credit and debit cards.
Android Pay processes payments securely by using a unique masked account number, otherwise known as a token, to represent account information so card details stay safe. As soon as a purchase is made, a payment confirmation will be available that provides purchase and merchant details, helping customers conveniently manage and track their purchases.
Chase customers can begin using Android Pay with their Chase Visa cards through a simple, 3-step setup:
- Open the Android Pay app on any NFC-enabled Android device with an OS of KitKat 4.4 or higher or download for free from Google Play.
- Add an eligible Chase Visa credit or debit card by snapping a picture of the card, selecting it as the default account, and following the steps for verifying your account.
- Make a purchase by unlocking the phone and holding it at the point of sale terminal at any store that accepts contactless payments or by selecting the Android Pay payment option within select apps.
For more information on Chase and Android Pay, including which Chase Visa cards can be used, visit www.chase.com/androidpay.
Shares of Charles Schwab Corp (NYSE:SCHW) ended Thursday session in green amid volatile trading. The shares closed up +0.15 points or 0.49% at $30.92 with 6.00 million shares getting traded. Post opening the session at $30.82, the shares hit an intraday low of $30.75 and an intraday high of $31.13 and the price vacillated in this range throughout the day. The company has a market cap of $40.96 billion and the numbers of outstanding shares have been calculated to be 1.32 billion shares.
On August 10, 2016 A new survey from Schwab Retirement Plan Services, Inc. finds that saving enough money for a comfortable retirement is the most common financial stress inducer for people of all ages. The survey also reveals that most people view the 401(k) as a “must-have” workplace benefit and believe they would benefit from professional saving, investment and financial guidance.
The nationwide survey of 1,000 401(k) plan participants finds that building adequate retirement savings was cited most often (40%) as a significant source of financial stress in respondents’ lives – even more than job security (24%), paying off credit card debt (21%) or keeping up with monthly expenses (20%).
Despite having more time to accumulate retirement savings, Millennials still named saving for retirement (38%) a significant source of financial stress – above all others. This included monthly expenses (29%), credit card debt (26%) and even student loans (24%).
About half (49%) of survey respondents feel it is impossible to save enough in their 401(k) for a comfortable retirement. Only 43 percent know how much money they may need for a comfortable retirement, which is significantly lower than awareness of other important targets in their lives, including ideal credit score (91%), weight (90%) or blood pressure (77%).
“With so many competing obligations and priorities, it’s natural for people to worry about whether they’re saving enough for retirement,” said Steve Anderson, president, Schwab Retirement Plan Services, Inc. “Roughly nine out of ten respondents told us they are relying mostly on themselves to finance retirement. It’s encouraging to see people of all ages taking responsibility for their own future and making this a top priority.”