TORONTO--(BUSINESS WIRE)--Feb. 16, 2017--
Demonstrating continued support of Canadian small businesses, Chase
Paymentech announced today it is extending its partnership with the
Canadian Federation of Independent Business (CFIB) through April 2022.
“Chase Paymentech has been a terrific partner for Canadian small and
medium-sized businesses and the CFIB is happy to renew our partnership
with Chase, as they serve our members well and offer the lowest payments
processing costs available to smaller firms,” said Dan Kelly, CEO of the
The extension means CFIB members continue to receive preferred pricing
for merchant services from Chase Paymentech, part of JPMorgan Chase &
Co., named the #1 wholly-owned merchant acquirer in the world by The
Nilson Report as of April 2016.
“Helping small businesses around the world is a priority for us, and we
look for partners like the CFIB who share that focus,” said Sam Jawad,
president of Chase Paymentech Canada. “The scope of the CFIB allows us
to deliver safe and secure payment processing with extra value.”
Chase Merchant Services is the global payment acceptance and merchant
acquiring business of JPMorgan Chase & Co. and processes all major
credit and debit card payments as well as mobile payments for clients,
while making it a seamless transaction for their customers. In 2016, the
firm topped more than $1 trillion in global payments processing. The
company employs nearly 400 people in Canada.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services
firm with assets of $2.5 trillion and operations worldwide. The Firm is
a leader in investment banking, financial services for consumers and
small businesses, commercial banking, financial transaction processing,
and asset management. A component of the Dow Jones Industrial Average,
JPMorgan Chase & Co. serves millions of consumers in the United States
and many of the world's most prominent corporate, institutional and
government clients under its J.P. Morgan and Chase brands. Information
about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
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Source: JPMorgan Chase & Co.
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