Chase Paymentech, a subsidiary of JPMorgan Chase, announced on Tuesday the launch of Chase Checkout, which will allow merchants to accept payments securely from their smartphones with the new Chase Mobile Checkout app and encrypted card reader.
“We are always looking for ways to help merchants grow their businesses and Chase Checkout does just this by enabling clients to accept payments however they operate,” Chase Paymentech President Dan Charron said. “Chase Checkout is a ‘one-stop shop’ for small-business owners: one agreement, one system, one statement and one trusted merchant services’ relationship to manage.”
Chase Checkout features integrated reporting and 24/7 live U.S.-based customer service. Merchants can process credit and signature debit card payments and gift card payments anywhere in the U.S., and the Future Proof Terminal helps merchants accept emerging forms of payment like EMV chip-enabled cards and NFC-enabled mobile wallets.
Additionally, e-commerce merchants and merchants who accept phone orders have access to a suite of PCI-complaint and web-based payment processing options, which require no additional hardware and integrate with merchants’ existing shopping cart and inventory management.
The app’s card reader fits in the audio port of both Apple and Android-enabled phones and features a rechargeable lithium ion battery, reducing the impact on the phone’s power supply. An integrated battery also increases the efficiency of the card readers.
Once merchants activate an account, Chase Paymentech ships the card reader with instructions on getting started, including how to download the Chase Mobile Checkout app onto their phone.