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Chase Paymentech is an American payment service provider and merchant acquiring business that is part of JPMorgan Chase. Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security.
In January 2007, Versapay partnered with the Canadian affiliate of Chase Paymentech, a United States-based payment processing company.This strategic partnership allowed Versapay to begin processing commonly used electronic payment methods such as Visa, MasterCard, American Express, Discover, JCB, Interac Direct Debit and Interac Online.
Payment service provider. A payment service provider ( PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [ 1]
Additionally, Dan Charron was named president of Chase Paymentech, the global payment processing and merchant acquiring business of JPMorgan Chase, and will report to Passilla.
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Chase Paymentech Survey Finds Majority of E-commerce Companies Expect Holiday Shopping Season to Improve This Year The Inaugural eHoliday Shopping Monitor Finds Online Companies Expect to Increase ...
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As of 2023, Square reports 4 million merchant clients and an annual payment value of US$210 billion. [ 3 ] [ 4 ] Square includes features to manage operations such as e-Commerce , [ 5 ] customer bookings, [ 6 ] inventory, [ 7 ] payroll, shifts, [ 8 ] banking, loan financing etc. [ 9 ] It services the markets in the United States, Canada ...