Cyber Holiday Pulse Index has been announced and launched. Along with presenting current activity, year-over-year trends are updated every business day throughout the first week of January to provide historical context on the overall metrics and identify emerging online shopping trends.
“Especially in these difficult economic times, merchants need every possible tool to understand the dynamics of the marketplace," said Mike Duffy, president of Chase Paymentech. "The Pulse Index will help the business community track the heartbeat of online shopping trends throughout the season."
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About Chase Paymentech
Chase Paymentech Solutions, LLC (“Chase Paymentech”), a subsidiary of JPMorgan Chase (JPMC), is a global leader in payment processing and merchant acquiring, authorizing transactions in more than 130 currencies. The company's proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2008, Chase Paymentech processed more than 21.4 billion transactions with a value exceeding $713.9 billion, including an estimated half of global Internet transactions. The company also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentech's unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small.
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