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About Chase Paymentech
Chase Paymentech Solutions, LLC is a leading global payments firm and the world's largest merchant acquirer. Chase Paymentech powers payment services for point-of-sale systems accepting electronic forms of payment, including credit/debit cards, gift cards, electronic checks, card-not-present systems and alternative payments.
How many payment transactions did Chase Paymentech handle last year?
In 2007, Chase Paymentech processed approximately 19.7 billion payment transactions, with more than $719 billion in annual bankcard and debit volume.
How many merchants does Chase Paymentech service?
Chase Paymentech's customer base reflects the most respected brands in the world, including 70 percent of the leading ecommerce businesses and almost 600,000 merchants in over 1 million locations worldwide.
How many currencies does Chase Paymentech process?
Chase Paymentech is capable of transacting payments in 140 currencies worldwide. In addition, the company has extensive operations in Europe and Canada.
What is Chase Paymentech's ownership structure?
Chase Paymentech is privately-owned company. It is a joint venture between JPMorgan Chase & Co. (51 percent ownership) and First Data Corp. (49 percent).
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