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JPMorgan Chase introduces ‘Future Proof Terminal’

June 29, 2012

In an effort to assist both retailers and shoppers alike, JPMorgan Chase recently introduced a brand new credit card processing terminal that will enable users to pay with both smartphones and high-tech chip cards.

In an effort to assist both retailers and shoppers alike, JPMorgan Chase recently introduced a brand new credit card processing terminal that will enable users to pay with both smartphones and high-tech chip cards.

In a statement, the financial institution rolled out its Future Proof Terminal that is versatile enough to accept a number of different payment methods. The company said that the product would be both convenient and secure for those who chose to engage in the system.

The leadership of Chase Paymentech, the JP Morgan Chase subsidiary that developed the system, said the program would make transactions easier for many using the technology.

“As emerging payment options gain adoption in the U.S., merchants are looking to make the customer check-out process as easy and safe as possible,” said 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.”

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