payment tech.

What payment tech. does

Chase Payment Solutions is the merchant services and payment processing division of JPMorgan Chase Bank, N.A. (NYSE: JPM), delivering card acceptance and point-of-sale capabilities to small and mid-sized businesses across the United States, Canada, and the United Kingdom. The unit operates two product families: Chase QuickAccept, an entry-level suite (Chase POS App, Chase Card Reader, POS Terminal, Tap to Pay on Phone, invoicing) embedded inside Chase Business Complete Banking; and a more sophisticated stack of standalone wireless terminals plus integrations with third-party POS and gateway platforms including TouchBistro, Silver Essentials by NCR Voyix, and Authorize.net for multi-location merchants with complex billing needs. The platform accepts all major card and digital wallet brands (Visa, Mastercard, American Express, Discover, JCB, Apple Pay, Google Pay) across in-store, online, and on-the-go channels, with same-day deposits available to qualifying U.S. banking customers at no additional cost.

The business model is transaction-fee based, with publicly disclosed pricing of 2.6% + $0.10 for in-store card-present transactions, 3.5% + $0.15 for manually keyed or payment-link transactions, and 2.9% + $0.25 for online orders. Revenue is supplemented by cross-sell economics into the parent bank's deposit franchise, including a Monthly Service Fee waiver on Chase Business Complete Banking when payment processing exceeds $2,000 per month. Go-to-market combines field sales through dedicated Payments Advisors (1-877-843-5690) with self-serve digital onboarding through Chase Mobile and Chase Business Online. Target verticals are retail, restaurants, professional services, e-commerce, and healthcare, served through a combination of Payments Advisors, content marketing (Knowledge Center, podcast, Coaching for Impact), and direct integration partnerships with vertical-specific POS software providers.

Operationally, Chase Payment Solutions claims to service 7M+ small businesses and process $2T+ in payments in 2025 (Nilson Report, Issue 1282, March 2025), with the parent JPMorgan Chase & Co. ranked #1 in primary bank market share among U.S. small businesses by Barlow Research Associates (1Q2024-4Q2025) and #1 in overall small business banking satisfaction by Coalition Greenwich (2025). The merchant services offering is delivered through Paymentech, LLC, a wholly-owned operating subsidiary of JPMorgan Chase Bank, N.A.

Name

payment tech.

Legal name

JPMorgan Chase Bank, N.A.

Website

https://chasepaymentech.com

Company type

Public

Founded year

1799

Operating status

Operating

Headcount range

11–50 employees

Short description

Chase Payment Solutions is the merchant services and payment processing division of JPMorgan Chase Bank, N.A., providing card acceptance, POS hardware, and integrated banking to 7M+ U.S. small businesses across retail, restaurants, e-commerce, professional services, and healthcare.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Merchant & Commercial Acquiring (POS/eCommerce acquiring for corporates) (FSABAIAH), Merchant Acquiring & Processing Platforms (BPAMAFAB), Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

Keywords

• Merchant payment processing
• Point-of-sale systems
• Card acceptance services
• E-commerce payment gateway
• Small business payments

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Payment Processing Transaction Fees: Chase earns revenue through transaction fees charged as a percentage plus a fixed per-transaction fee for processing credit card, debit card, and digital wallet payments across in-store, online, and mobile channels.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Chase Payment Solutions provides merchant acquiring, payment processing, and point-of-sale solutions that enable businesses to accept credit, debit, and digital wallet payments in-store, on-the-go, and online. The platform integrates payment acceptance with Chase Business Complete Banking, offering same-day deposits at no extra cost, fraud protection services, and unified management of payments, banking, and analytics through a single login. Solutions are delivered both as an integrated QuickAccept suite for simpler merchants and as standalone terminals plus third-party POS integrations for multi-location and complex merchants.

Product overview

Chase Payment Solutions® is a unified merchant services and payment processing platform offered by JPMorgan Chase, encompassing two distinct product families to serve merchants at different complexity levels. For merchants with simpler needs, QuickAccept provides an integrated point-of-sale solution built directly into Chase Business Complete Banking, combining the Chase POS app, Chase Card Reader, POS Terminal, and QuickAccept invoicing into a single banking account with same-day deposits. For merchants with more complex payment needs and multiple locations, the platform offers standalone terminals and integrations with third-party partners including TouchBistro®, Silver Essentials by NCR Voyix®, and Authorize.net® (for virtual terminal and recurring billing). The product portfolio also includes a payment gateway for e-commerce, Tap to Pay on Phone (iOS and Android), Payment Links for sending invoices by text or email, and Fraud Protection Services for security. The platform supports all major payment brands including Visa®, Mastercard®, American Express®, Discover®, JCB®, Apple Pay®, and Google Pay®.

Differentiator

Problem solved

Functional benefit

Brands

• Chase POS Terminal: Point-of-sale terminal for in-store payments, receipt printing, and inventory management
• Chase Card Reader
• Chase QuickAccept
• Tap to Pay on Phone
• Chase Payment Gateway

Products and services

• Chase QuickAccept A suite of point-of-sale solutions built into the Chase Business Complete Banking account, enabling small and mid-sized merchants to accept card payments and manage banking in a single account with same-day deposits at no extra cost. Includes the Chase POS app, card reader, POS terminal, and integrated invoicing.
• Chase POS Terminal A full-featured point-of-sale hardware terminal for in-store payments that prints and sends receipts, manages products and inventory, and processes tips for small and mid-sized merchants.
• Chase Card Reader A hardware card reader enabling merchants to accept card payments on-the-go at pop-up markets, house calls, and mobile locations via the Chase POS app.
• Chase Wireless Terminal A standalone wireless payment terminal for merchants who need independent payment processing hardware as they scale their business.
• Chase Payment Gateway An e-commerce payment gateway for adding Chase payment processing to business websites, with integrations to leading e-commerce platforms for online transactions.
• Chase Business Complete Banking A business banking account that integrates payment processing with banking services, offering same-day deposits, waived monthly fees for qualifying payment volume, and unified access to payments, banking, analytics, and payroll.

Quantifiable outcome

• Same-day deposits available for payments processed by 5 p.m. PT / 8 p.m. ET, 6 days a week

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• TouchBistrocoreTechnology or IntegrationThird-party integration partner for merchants with complex payment needs and multiple locations, enabling integration into existing restaurant software for sophisticated POS solutions.
• Silver Essentials by NCR VoyixcoreTechnology or IntegrationIntegration partner for merchants requiring standalone products and integrations into existing software, providing sophisticated payment solutions for multiple locations.
• Authorize.netcoreTechnology or IntegrationVirtual terminal and payment gateway partner for setting up recurring billing and online payment acceptance.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Toast: Toast is a vertically focused POS and payments platform for restaurants, directly overlapping with Chase's restaurant segment and TouchBistro-integrated offering. Both monetize card-present SMB volume through take rates plus SaaS, and Chase explicitly competes for the same merchant relationships.
• Block (Square): Block's Square is the closest direct peer to Chase Payment Solutions, offering SMB-focused card acceptance, POS hardware, software, and integrated commerce tools. Both compete head-to-head for U.S. small business payment volume and rely on transaction-fee plus subscription revenue models.
• Global Payments: Global Payments is a major merchant acquirer and integrated payments technology provider, with significant U.S. SMB and enterprise share. It competes with Chase Payment Solutions on merchant acquiring, software-led acquiring (via Genius and Vertical Solutions), and multi-channel acceptance.
• Stripe: Stripe is a leading integrated payment processor for online and omnichannel merchants, directly comparable to Chase Payment Solutions' e-commerce Payment Gateway and online rate card. Both target SMB and mid-market merchants with API-first acquiring and platform integrations.
• SumUp: SumUp is an SMB-focused mobile POS and card reader provider with strong presence in Europe and growing U.S. footprint, competing directly on pricing and simplicity for micro and small merchants. Comparable to Chase Card Reader and Tap to Pay on Phone offerings.
• Worldpay (FIS): Worldpay, owned by FIS, is a top global merchant acquirer offering in-store, online, and integrated commerce solutions. It overlaps with Chase Payment Solutions on SMB acquiring in the U.S. and offers competing payment gateway and POS partnerships.
• Clover (Fiserv subsidiary): Clover is an SMB-focused POS hardware and software platform owned by Fiserv, directly comparable to Chase POS Terminal, Chase Card Reader, and Chase QuickAccept. Both Chase and Clover compete for the same retail and restaurant merchants on integrated hardware, software, and processing.

Emerging players

• Lightspeed Commerce: Lightspeed provides cloud-based POS and payments for retail and restaurant SMBs, competing with Chase Payment Solutions on integrated software-plus-processing bundles. While smaller in payment volume, Lightspeed targets the same verticals and merchant profiles.
• Adyen: Adyen is a global unified commerce payments platform serving omnichannel merchants; while focused more on mid-market and enterprise, it increasingly competes with Chase Payment Solutions for large SMB and multi-location merchants that need a single processor across online and in-store.

Broad incumbents

• Fiserv: Fiserv is one of the largest U.S. merchant acquirers through Clover and its core processing platform, serving SMB and enterprise merchants across in-store and online channels. It competes directly with Chase Payment Solutions on SMB acquiring, hardware (Clover), and integrated commerce software.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/Chase
• YouTubeyoutube.com/chase
• Facebookfacebook.com/chase
• LinkedInlinkedin.com/company/chase-paymentech
• Instagraminstagram.com/chase
• Pinterestpinterest.com/chase

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about payment tech.