What are the methods of payment Chase Paymentech can support?

In addition to credit cards, Chase Paymentech may be able to support these payments for your business:

• T&E Card - Cards that are developed for and used primarily in travel-related services.
• Debit Card - A bankcard used to purchase goods and services and to obtain cash, which debits the cardholder's personal checking account. During online debit transactions, the cardholder must enter a PIN.
• Stored Value Card - A stored value card is used by a merchant to issue spending credit to their customers. The merchant's customers are given a magnetic stripe card in exchange for money received, merchandise returned or other considerations. The card represents a dollar value that the merchant's customer can either use or give to another individual. There is no security associated with the card itself. The actual record of the balance on the card is maintained on a stored value card database. Learn more...
• Private Label Card - A card issued by a merchant that can only be used in the issuing merchant's business. An example would be a department store credit card.
• Electronic Checks - Electronic Check Acceptance (ECA) - A process that converts a paper check into an electronic check at the point of sale. The check is electronically processed through the ACH network.
• Electronic Benefits Transfer (EBT) Cards - Plastic cards used in the automation of government benefits through electronic authorization, data capture and settlement processes. The cards are used to eliminate paper benefits and coupon distribution.
• Bill Me Later - Bill Me Later is a straight-forward, credit-based payment option offered in conjunction with I4Commerce. It is an innovative new payment solution designed specifically to meet the needs of card-not-present merchants. Learn More...
• PayPal - PayPal has partnered with Chase Paymentech to offer an integrated payment solution for qualified* online retailers. This integrated solution is the first comprehensive package created to combine all of the functionality of Chase Paymentech's robust payment services with the market opportunity of the PayPal customer base. Learn more...

Learn more about the extensive list of payment types Chase Paymentech supports.

What are stored value cards and why should I want them for my business?

Stored value cards are a unique way to gain new customers, generate new income and retain more revenue. Here's how most of them work. Value is electronically added to a magnetic striped card. The customer can redeem the card's full value in your store or redeem the unused portion in cash. Unlike ordinary cards, however, all the value on Chase Paymentech's stored value cards must be spent at your business. That gives your customers additional spending incentives, and your business more potential revenues.

Learn more about Chase Paymentech's stored value cards.