Transaction Trends

Written by industry experts, get insights on payments like nowhere else.

Kroger to Add Chase Pay Through Deal with JPMorgan

12-13-2017

Kroger to Add Chase Pay Through Deal with JPMorgan

Kroger Co., the largest supermarket chain in the United States, will offer Chase Pay as a payment option in select retail markets and e-commerce programs in 2018 through a partnership with ETA member JPMorgan Chase & Company, the companies announced in a press release Wednesday morning.

“Technology is transforming our customers’ experiences and greatly influencing how we are reimagining the store of the future,” said Chris Hjelm, Kroger’s Chief Information Officer, according to the release. “Mobile wallets enable a more seamless shopping experience for our customers and at the same time, can help us drive cost out of our business.”

Chase Pay works through a barcode-like system similar to one that the supermarket chain already employs, American Banker reported, meaning that the grocery retailer will be able to retain its existing infrastructure. According to American Banker, the partnership will be Kroger’s first venture into mobile payments.

“This is a significant win for our customers who now will be able to save time and money using Chase Pay at one of the top retailers in the country,” said Jennifer Roberts, Head of Digital Products at Chase, according to the release. “Kroger is one of the places our customers shop the most, and it’s great to deliver more value to both a key partner and our customers.”

About ETA

The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $6 trillion in purchases in the US and deploying payments innovations to merchants and consumers. Learn more: www.electran.org.

News

Is the Relationship Between Financial Institutions (FIs) And Fintechs Complicated? Not Anymore.

By Sumit Arora, Senior Vice President, Enterprise Payments Strategy, Wells Fargo Building a Balance Between Competition and Collaboration There is a long history between banking and technology, dating back to around 1866 when the telegraph . . .

6-16-2022

learn more
What business wants from the 2024 federal budget

News

‘Finclusion’ Gains Global Momentum

6-1-2022

learn more
INFOGRAPHIC: Tracking the Evolution of Loyalty Solutions

News

INFOGRAPHIC: Tracking the Evolution of Loyalty Solutions

Loyalty programs cultivate lifelong customers. And they’ve come a long way since the days of punch cards. Modern loyalty solutions integrated mobile payments, rewards and ecommerce technology to get customers to keep coming back. For . . .

5-20-2021

learn more