The payments processing arm of JPMorgan Chase & Co has signed a multi-year agreement with Chevron to handle payment acceptance and processing at the energy company’s retail locations across the US.
Chase Commerce Solutions, the merchant acquiring business of JPMorgan Chase, will start processing the company’s payments later this year.
Chase’s proprietary payments platform will help to increase security and reliability, and expand functionality for future flexibility, according to a release.
“We continue to enable commerce through a simple, secure payment experience for consumers and for our business clients,” said Tom Nipper, executive director of Global Enterprise Solutions for Chase Commerce Solutions. “We are pleased to support Chevron as they accept credit card and stored value card payments easily and securely throughout its U.S. retail petroleum stores.”
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