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Chase Paymentech

Is This Your Business?
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Author: Kaitlyn Short

LAST UPDATED: December 18th, 2020

Chase Bank's Merchant Account, Chase Paymentech is quite possibly the world's leader. Since the end of 2013, their customer base boasted an impressive 280,277 merchants, within 552,191 locations. Many top brands are included in their merchant list. Chase Bank has been around since 1985, and has set itself apart from other banks.

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The Good

  • Free mobile reader
  • Search options

Free Mobile Reader

Chase Bank offers a free mobile reader that accepts credit card payments directly from your smartphone. Accepts all major credit cards and signature debit cards, along with gift cards. Next day funding is a possibility.

Search Options

A free mobile reader, a smartphone and a Chase Mobile Checkout App is all you need to receive payment from your customers. Receipts to your customers can be sent via email or text message. Their integrated search option allows a search for specific transactions, processing of refunds and/or voids as well as viewing updates of your account, all from your smartphone.
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The Bad

  • Customer service

Customer Service

While most everything with Chase Bank and its website appears to be user friendly, customer service can use a bit of work. The hours should be expanded from work week hours, to 24 hours a day, seven days a week.
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The Bottom Line

For the past 30 years, Chase Bank has been a leader in the banking field. Today, their numbers are still just as strong. 280,000 merchants in over 550,000 locations are benefitting from Chase's Paymentech mobile merchant services. No hidden fees, a flat rate per transaction and a free card reader are three reasons that set Chase apart from the crowd.

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