This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Chase Freedom cardholders will be able to earn additional rewards by paying with Apple Pay, Android Pay, Chase Pay, and Samsung Pay in Q1 2018. Each quarter, Chase announces rotating categories in which customers can earn up to 5% cashback — the card’s standard is 1% — on up to $1,500 in purchases. Customers can enroll in the benefit through mid-March, though it will apply retroactively to purchases made from January 1. At its surface, the move is a somewhat confusing one for Chase, which is attempting to promote its own struggling mobile wallet. US mobile wallet adoption is paltry across products, stagnating around 25% at best. But Chase Pay, Chase’s proprietary, QR-code based wallet that launched last fall, is doing particularly poorly. Despite a nearly $100 million investment in the wallet, just 6% of shoppers had used the platform in the past year, and the retailer’s network of merchants still remains limited, which is stifling adoption. It seems like it would make sense for Chase to promote Chase Pay at the forefront, which is why the inclusion of other services seems counterintuitive at first glance. But any uptick in wallet usage would likely benefit Chase in the long run. Jaime Toplin, research analyst for BI Intelligence, Business Insider's premium research service, has written a detailed report on mobile payments that: Interested in getting the full report? Here are two ways to access it:
From Q1 next year , users of Jaime Toplin 's Chase Freedom wallet will be able to earn rewards when using Apple Pay, Android Pay and Samsung Pay, in a move aimed at increasing adoption of its mobile wallet. The US mobile wallet market underperformed in 2017 , and Chase Freedom struggled in particular, with just 6% of shoppers adopting it, despite a nearly $100 million investment. However, by taking a leaf out of Apple 's book, whose specific rewards programme led to a huge increase in engagement, JPMorgan hopes to encourage use of the wallet.