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December 12, 2016Blog Posts

Chase tops $1 trillion in processing volume for merchant clients in 2016

 

Business Wire:

At 11:06 p.m. eastern time last night, JPMorgan Chase crossed the $1 trillion mark in year-to-date merchant processing volume, a first in the firm’s history. Merchant processing volume at the firm has grown annually from $750 billion in 2013 to nearly $950 billion in 2015. Black Friday 2016 had an increase of 12 percent in total transaction dollar volume, and Cyber Monday was 30 percent higher than last year.

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