J.P. Morgan Named #1 eCommerce Merchant Acquirer in Europe

J.P. Morgan Named #1 eCommerce Merchant Acquirer in Europe

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Chamber Member News Post Date: 06/26/17 Source: J.P. Morgan By: J.P. Morgan
Summary

For the second consecutive year, J.P. Morgan (https://www.jpmorganmerchantservices.co.uk/) ranks as the leader in merchant processing volume for eCommerce transactions in Europe, according to The Nilson Report1 - the global card and mobile payment industry trade journal. The firm’s merchant acquiring and payments processing business grew by 10% in volume, surpassed one trillion dollars processed in 2016 and is also ranked by The Nilson Report as the #1 merchant acquirer worldwide.2

J.P. Morgan supports leading and expanding eCommerce companies across a diverse range of industries including the sharing economy, digital marketplaces, fashion, gaming, food, ticketing, insurance and luxury goods. The firm is capable of authorising transactions in more than 130 currencies worldwide. In Europe, the card processor and acquirer partners with companies like Adobe Systems Software, Facebook and Netflix to provide payment acceptance, fraud mitigation and cash management services.

“We are a key partner for eCommerce merchants expanding within Europe and pan-European companies looking to expand to North America. They trust our European team to help improve their payments processing and optimise their cash management strategies, knowing that our global reputation stands behind every transaction,” said Catherine Moore, European President and Managing Director for J.P. Morgan Merchant Services.

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