Paymentech, a leading global merchant acquirer, payment processor
and subsidiary of JPMorgan Chase & Co., today announced the launch of “Chase
Checkout” – solutions to help merchants seamlessly accept payments
however they do business: in store, online or on the go. Merchants can
now securely and efficiently accept card payments from their smartphones
with the new Chase Mobile Checkout app and encrypted card reader.
Chase Checkout helps merchants accept debit and credit card payments
effectively and securely, whether a card is swiped on a merchant’s Apple®
or AndroidTM-enabled smartphone, entered online or provided
at a retail location.
“We are always looking for ways to help merchants grow their businesses
and Chase Checkout does just this by enabling clients to accept payments
however they operate,” said Dan Charron, president of Chase Paymentech.
“Chase Checkout is a ‘one-stop shop’ for small-business owners: one
agreement, one system, one statement and one trusted merchant services’
relationship to manage.”
The Power of a Single, End-to-End Payment Partner
Chase Checkout gives merchants the convenience of working with one
trusted provider – with integrated reporting, 24/7 live U.S.-based
customer support and a commitment to security– when they accept payments
Mobile Checkout: When merchants accept mobile payments with
Chase Paymentech, they can process credit and signature debit card
payments and gift card transactions in any location within the United
States. Merchants have transaction level access to monitor and process
voids and returns from their smartphones. Merchants can view sales and
transaction summaries from the Mobile Checkout app after the payments
have been processed. Additionally, they can create a catalog of item
descriptions and images and email or text digital receipts. The use of
signature capture and the location of the point of sale on the digital
receipt helps minimize fraud and chargebacks. Finally, merchants’
customer data is protected in transit with point-to-point encryption.
Retail Checkout: In retail settings, Chase Paymentech’s Future
Proof Terminal helps merchants accept both traditional and emerging
forms of payment such as EMV (Europay, Mastercard and Visa)
chip-enabled cards, NFC-enabled (near field communications) mobile
wallets and other contactless payments. Also, through iTerminal®,
businesses and professional service firms such as accounting, law and
medical, can use their existing computers to accept payments, helping
them save on traditional start-up equipment costs.
Online Checkout: Chase Paymentech offers e-commerce merchants,
and merchants who accept telephone orders, a suite of PCI-compliant
and easy-to-use web-based payment processing options accessible with a
merchant’s existing computer. These options require no additional
hardware and integrate seamlessly with merchants’ shopping cart
functionality, catalog creation and inventory management.
Chase Mobile Checkout: Built with Specific Customer Needs in Mind
Chase Mobile Checkout is ideal for merchants who are interested in
growing their business by taking payments wherever their business takes
them. This includes businesses that wish to use mobile payment
acceptance to enhance their customers’ experience with services like
line-busting or those that wish to accept payments in the field, such as
landscaping, maintenance or transportation professionals. In addition,
Chase Mobile Checkout is ideal for small businesses that want to accept
debit and credit cards but have found it too difficult or too costly to
do so in the past.
“The ability to serve my customers from anywhere helps deepen my
relationship with them,” said Irina Zhuravsky, owner of Irina’s
Alterations in Dallas, TX. “It’s comforting to know that I’m receiving
the support and security I need from Chase to conduct transactions while
on the road.”
Chase Mobile Checkout’s compact card reader is battle-tested for
real-world use. The device, which fits securely in the audio port of
Apple and Android-enabled smartphones, features the recognizable Chase
octagon and includes a rechargeable lithium ion battery so it does not
drain the smartphone’s power supply. Having an integrated battery also
increases the likelihood of positive card reads on the first swipe, and
since hardware encryption is performed in the device, personal
information is not stored within the smartphone.
“Chase Mobile Checkout is not just smaller than carrying around a cash
register, it’s built for jobs like mine,” said Jamie Rourke, co-owner of
RO Style Salon in Tampa, FL. “When I am not in the salon, I travel all
over the nation as a freelance artist. It is so convenient and important
for my business to take a payment anywhere, 24/7, and it makes being a
business owner that much easier.”
The setup for Chase Mobile Checkout is simple. After merchants activate
their account, Chase Paymentech ships the card reader along with
instructions on getting started that include how to download the Chase
Mobile Checkout app onto a smartphone.
For more information about Chase Checkout, visit a local Chase retail
branch or go to www.chasecheckout.com.
Chase is the U.S. consumer and commercial banking business of JPMorgan
Chase & Co. (NYSE: JPM), a leading global financial services firm with
assets of $2.4 trillion and operations in more than 60 countries. Chase
serves more than 50 million consumers and small businesses through more
than 5,500 bank branches, 17,500 ATMs, credit cards, mortgage offices,
and online and mobile banking as well as through relationships with auto
dealerships. More information about Chase is available at www.chase.com.
About Chase Paymentech:
Chase Paymentech, the global payment
processing and merchant acquiring business of JPMorgan Chase & Co.
(NYSE: JPM), is a leading provider of merchant services. The company’s
proprietary platforms enable integrated solutions for all payment types,
including credit, debit, prepaid stored value and electronic check
processing; as well as alternative and mobile
payment options. Chase Paymentech has uniquely combined proven
payment technology with a long legacy of merchant advocacy that creates
quantifiable value for companies large and small. In 2012, Chase
Paymentech processed 29.5 billion transactions with a value of $655.2
billion, including an estimated half of all global Internet
transactions. In addition to the ability to authorize transactions in
more than 130 currencies, the company provides business analytics and
information services, fraud detection and data security solutions. More
information can be found at www.chasepaymentech.com.