Toronto, ON, November 17, 2011 - Retail Council of Canada (RCC) has renewed its exclusive agreement with Chase Paymentech™, a leading merchant acquirer and payment processor, to be the preferred provider of payment processing solutions to RCC's membership of more than 45,000 store fronts across Canada. RCC members can access new preferred credit and debit card processing rates, emerging products and industry expertise from Chase Paymentech.
"Chase Paymentech has worked with RCC for close to a decade and understands the specific requirements of retailers, from major companies to independent storefronts," said Sam Jawad, president, Chase Paymentech Canada. "We are happy to continue working with RCC to deliver relevant payment options that can help drive new retail business and reduce overall payment processing costs."
"We're very pleased to be working with Chase Paymentech as this agreement enhances our ability to provide our members with a full range of cost effective services and programs," said Diane Brisebois, president and CEO, Retail Council of Canada. "Retail Council of Canada has made it a mission to provide services that increase opportunities for retail success and introduce a multitude of invaluable benefits to our members. This is why Chase Paymentech and RCC are working together to provide affordable, reliable and retail-specific payment processing products and solutions."
Some of the advantages for RCC members processing with Chase Paymentech include:
About Retail Council of Canada
Retail Council of Canada (RCC) has been the Voice of Retail in Canada since 1963. We speak for an industry that touches the daily lives of Canadians in every corner of the country - by providing jobs, career opportunities, and by investing in the communities we serve. RCC is a not-for-profit, industry-funded association representing more than 45,000 store fronts of all retail formats across Canada, including department, specialty, discount, and independent stores, and online merchants. RCC is a strong advocate for retailing in Canada and works with all levels of government and other stakeholders to support employment growth and career opportunities in retail, to promote and sustain retail investments in communities from coast-to-coast, and to enhance consumer choice and industry competitiveness. RCC also provides its members with a full range of services and programs including education and training, benchmarking and best practices, networking, advocacy, and industry information.
About Chase Paymentech
Chase Paymentech, a subsidiary of JPMorgan Chase (JPMC), is a leading provider of payment processing and merchant acquiring. The company's proprietary platforms enable integrated solutions for all payment types, including credit, debit, prepaid stored value and electronic check processing; as well as digital, alternative and mobile payment options. Chase Paymentech has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for companies large and small. In 2010, Chase Paymentech processed more than 20.5 billion transactions with a value exceeding $469.3 billion, including an estimated half of all global Internet transactions. In addition to the ability to authorize transactions in more than 130 currencies, the company provides business analytics and information services, fraud detection and data security solutions. In Canada, Chase Paymentech Solutions is headquartered in Toronto, Ontario. For additional information, visit www.chasepaymentech.ca