KROGER WILL OFFER MOBILE PAYMENT THROUGH CHASE

The mobile-payment wars are making their way to a grocery store near you.

Kroger Co., the largest U.S. supermarket chain and parent company of King Soopers, will begin offering JPMorgan Chase & Co.’s Chase Pay mobile wallet in certain markets beginning next year, the two companies said Tuesday in a statement. The partnership will be Kroger’s first venture into mobile payments as the retailer seeks to bring its shopping experience into the digital age.

“With groceries, it’s a really key category for us, not only because of the volumes of transactions there, but because of the frequency,” said Tom O’Brien, JPMorgan’s managing director of Chase Pay.