What is Chase Paymentech's role in processing transactions

Chase Paymentech is a payment processor.

  • We enable your business to authorize and transmit transactions by virtually all types of credit and debit card, as well as gift card.
  • We also settle the funds through the payment brands (e.g., MasterCard® and Visa®) and deposit funds to your checking account.
  • In addition, we handle adjustments, chargeback processing, merchant billing and account activity reporting.