
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.”
Whitepapers
Related reading
Travel industry must keep up with consumers’ payments demands
Payments providers must keep up with the fast-paced change of consumer demands in the travel sector, according to Kevin White, Mastercard’s director ... read more
Nissan joins in-car payments race
Payments services providers and fintechs have unleashed a flurry of collaborative innovations over the course of the past decade in order to ... read more
Ripple courting banks, paytech and big fintech to beat Swift to emerging markets
Midway into 2019, Ripple is broadening its clientbase in order to boost growth and capture emerging market volumes, according to Marcus Treacher, ... read more
UK SMEs need to embrace technology revolution
Modulr CEO Myles Stevenson and Seamus Smith, executive vice president of worldwide payments and banking for Sage, on why now is the time to embrace digitisation