Over the last several decades, J.P. Morgan has processed nearly half a trillion dollars worth of prepaid payments and helped more than 1,500 clients implement and manage successful prepaid payment programs to become the largest prepaid issue in the United States. J.P. Morgan’s prepaid solution for corporates, Chase® Paymentcard, is an easy-to-implement, flexible, secure and reliable prepaid utility supporting virtually any prepaid payment scenario.
Chase Paymentcard is a turnkey solution including card production and distribution, financial transaction processing, 24/7 cardholder support, compliance with state abandoned property laws, and more. Supported by Chase, our retail card business, we offer both single load and reloadable applications. Clients can fund cards via ACH or our card management system, a secure web portal providing comprehensive online reporting. This prepaid solution is available 24x7x365 and cardholder support can be accessed via a cardholder-facing web site, interactive voice response (IVR) system, toll-free number and text alerts.
Whether you want to establish a prepaid program to pay your employees, reward your customers, motivate your channels or disburse pension benefit or insurance claim payments, Chase Paymentcard provides everything you need – and your cardholders want – including ease of implementation and operation, flexibility, immediacy, cost savings, efficiency, ease of use, convenience, security and reliability.
Chase Paymentcard supports a wide range of prepaid payment needs:
Workforce
Safely, quickly and efficiently pay, reimburse and reward employees, temporary workers and agents. Typical applications are for payroll, employee rewards, purchasing, travel/expense reimbursement and termination pay.
Incentive
Encourage consumers of your products or services to make purchases by distributing a prepaid incentive card. The card can be configured as either single-load and reloadable.
Insurance and Benefit Payments
In accordance with regulatory requirements, quickly and easily make insurance and benefits payments to policyholders. A prepaid card can be used to make recurring or one-time payments to insured parties.
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