Chase Paymentech ‘Future Proofs’ Merchants with New Terminal
June 28, 2012
CNP payments processor and merchant acquirer Chase Paymentech yesterday unveiled a new POS payment terminal it bills as “future proof.” In addition to traditional mag-stripe payment cards, the new terminal also accepts EMV chip cards, NFC-based mobile wallets and other forms of contactless payment.
“As emerging payment options gain adoption in the U.S., merchants are looking to make the customer checkout process as easy and safe as possible,” says Mike Duffy, president of Chase Paymentech. “The Future Proof terminal is a one-stop solution for merchants to keep accepting today’s forms of payment and prepare for new consumer payment preferences on the horizon.”
The company says the Future Proof terminal is available through parent company Chase’s 5,300 local bank branches and online at Chase Paymentech’s Website.