Chevron announced yesterday (April 20) that is had signed a multi-year agreement with banking giant JPMorgan Chase to handle its payment processing via ChaseNet, which is part of Chase Commerce Solutions. Through this deal, Chase Commerce Solutions — which is the payment processing and merchant acquiring...
Givex has agreed to acquire Chase Paymentech’s gift card business. The acquisition of Paymentech’s gift card client base will necessitate Givex, a global provider of cloud-based data processing services, to open an office in Dallas later this year for support purposes. Existing Chase Paymentech gift card...
In a clever twist on an age-old corporate purchasing dilemma, a merged channel company has worked with Chase Paymentech to allow employees who need to make last-minute supply purchases to do so using a corporate code. The problem: Due to a major last-minute client presentation,...
When managing fraud, processors, acquirers and merchants should look at the entire ecosystem of the transaction activity, not just the point-of-sale solution. And once that’s figured out, the key important next step is to have to have a program and appropriate staff in place...
May 11, 2015
Chase Paymentech and the Canadian Federation of Independent Business (CFIB) have struck a new deal that allows CFIB small business members to receive preferred pricing from Chase’s payments services. This decision came after the CFIB spent years lobbying for Visa and MasterCard to reduce the average effective interchange rates on consumer cards. The deal between Chase […]
