by Allen Williams
Big Banks team up to launch digital wallet that can compete with PayPal and Apple Pay… are you ready for your digital wallet social credit score enforcement?
The Banksters aren’t making enough money these days so they are going to EXTORT it from you with Digital wallet.(Not to worry their utopian dream of ABSOLUTE control through digital currency is almost here !
(Natural News) Seven of the United States’ largest banks, including Wells Fargo, Bank of America and JP Morgan Chase, are teaming up to create a new digital wallet service that they hope can challenge the dominance of PayPal and Apple Pay.
These seven banks (also owners of the Federal Reserve System) claim that this new product will allow shoppers to pay at merchants’ online checkout with a wallet that will be linked to their debit and credit cards. This digital wallet will be managed by Early Warning Services, LLC, a bank-owned company and the parent company of money transfer service Zelle. (Related: Bank of America experiences disruption in online transactions, customers report funds missing from accounts.)
Customer funds missing? Yep, that’s what the digital world offers remote theft opportunities, no longer encumbered by website ‘promotional’ offers or convincing you are getting something you ordered, only to discover THAT you have been victimizwd by fraud like what happened to me while purchasing through EBAY but I posted this experience on Sitejabber.
Digital wallet eliminates the necessity of devising elaborate or deceptive bullshit to steal from you; now it can be direct and fast. Remember this just brings everyone a step closer to the Rev 13 scenario.