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Credit card processing from Chase Paymentech is another great option. Chase Paymentech can have you quickly processing transactions, and it combines competitive pricing, a high approval rate and 24/7/365 customer service. With this versatile credit card processing service you can accept a wide variety of payment types, whether you run a retail or internet (e-commerce) based business. Chase Paymentech can process electronic checks, all standard credit cards, gift cards, Bill Me Later options, fleet cards, PayPal and debit cards.

Chase Paymentech services also work with a wide variety of POS (point of sale) options for retail establishments. And in terms of internet based business it offers a powerful Orbital Virtual Terminal. It also provides completely secure transfers and fraud protection.

We find this service to be extremely competitive and capable in terms of processing payments and pricing. It also provide excellent customer service. The company also offers a full line of POS hardware (dial, IP-enabled and wireless) from VeriFone, Exadigm, Ingenico and Hypercom.

Chase Paymentech Standout Features:

  • Provides numerous payment options, including all cards, Bill Me Later, EFT, EBT, debit cards and much more
  • Can provide customized services to fit all industry types
  • Free address verification
  • Provides every client with an account representative
  • Provides extensive reporting options online 24/7/365
  • Next-day funding if you have a Chase Bank DDA (checking account)
Average Approval Rating:
9.8/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
10
9.8
9.8
9.8
9.4
9.4
8.8
8.8
8.1

Chase Paymentech credit card processing has an average approval rating of 98 percent, so if you apply with them, you will, by good odds be approved.

Cost Per Month*:
9/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
10
10
9.3
9
8.8
7.5
7.5
7.5
8.1

Chase Paymentech offers a variety of pricing arrangements. Contact this vendor for a quote if you are interested. Prices are competitive. For example, the gateway fee is $10. the statement fee is $7.50. the transaction fee is 24 cents. There is no address verification fee. Chase Paymentech is flexible and willing to work with you to find the right solution.

Startup Cost:
9.4/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
10
9.8
9.4
9.4
7.5
8.8
8.8
7.5
5

Start up cost is determined on an individual client basis, so call for a quote. Chase Paymentech fees are definitely competitive.

Account Setup Time:
10/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
9.8
10
9.4
10
7.5
7.5
7.5
7.5
8.1

Once your credit card processing account is approved, you can expect to have your new credit card service up and running within about one day (even in a matter of hours if you already bank there). Chase Paymentech will walk you through the account setup over the phone.

Customer Service:
7.5/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
10
9.8
9.4
7.5
9.4
7.5
8.8
7.5
8.1

You can contact Chase Paymentech by telephone and email for customer support. Unlike many services, Chase Paymentech provides an account representative to handle customer care. Online you can access a complete user manual as well as a brief version that covers the basics. FAQs, demos, a glossary and other useful information are online.

Internet Based Features:
7.5/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
8.8
7.5
9.4
7.5
9.4
9.4
7.5
8.8
8.1

Chase Paymentech’s credit card processing service can handle your online business. It works with your existing website or shopping cart. To create or purchase a website or shopping cart this vendor will connect you with a third-party recommended provider.

P.O.S./Swiper Based:
9.4/10
Compare
Flagship Merchant Services
Merchant Warehouse
National Bankcard
Leaders Merchant Services
Chase Paymentech
Merchant One
E-Commerce Exchange
The Transaction Group
goEmerchant Merchant Accounts
Gotmerchant
10
10
9.8
6.3
9.4
9.4
7.5
7.5
7.5
7.5

Chase Paymentech services are compatible with a variety of card readers, including several Hypercom, Ingencio and VeriFone card readers and PIN pads, and it sells them directly.

Summary:

Chase Paymentech offers a capable, powerful and fast credit card service at a competitive price. It also provide a variety of flexible pricing arrangements depending on your needs. We like that they assign you with an account representative to handle your account. Chase Paymentech has been around a while (over 20 years) and has volumes of professional experience.

 
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Chase Paymentech

Pros
Individual representatives are assigned to each business for personalized service.

Cons
Setup is quick but Chase banking customers get the best treatment.

The Verdict
: 8.95/10

A well-established, reliable credit card processing firm that's a good option for many.