January 30, 2007 - Chase Paymentech, the world's largest merchant acquirer and premier provider of payments
processing services, announced today that it will provide credit card payment processing to small businesses via Windows Vista
Business operating system, which went on sale today. Chase Paymentech's integration into Windows Vista Business provides a
significant advantage for small and medium-sized businesses, eliminating the need to buy payment software or credit card terminals
in order to accept payments.
Chase Paymentech's payments processing solution is part of the Payments as a Secure Service (PASS) Consortium's PASS Commerce
Center, which is built into the Windows Vista Business operating system. PASS Commerce Center allows small businesses to instantly
turn their business computer into an integrated point-of-sale tool and to manage business transactions directly from their desktop.
Chase Paymentech can then easily upgrade merchants with value-added services or new payment types as they become available, without
the need to buy additional software or hardware.
Providing unprecedented access to the user-friendly credit card processing interface, Windows Vista Business allows businesses of
any size to process payments via Chase Paymentech's network. The operating system provides a gadget for easy access to PASS
Commerce Center directly from the desktop, putting payment processing solutions right at the business customer's fingertips.
"Chase Paymentech is pleased to be a part of Windows Vista Business launch, simplifying access to an essential business function
for small businesses," said Mike Duffy, President and CEO of Chase Paymentech. "Our participation with the PASS Consortium has
enabled us to join forces with strategic partners whose products complement our service offerings. The result is a powerful
financial management tool that small businesses can use to enhance their cash flow and drive future growth."
More than 50 percent of small businesses fail in the first year, according to the U.S. Small Business Administration. Success for
a small business often depends upon their ability to effectively manage finances and to provide their customers with payment choice.
Chase Paymentech's ongoing commitment to small business includes offering payment solutions that provide long-term success.
About Chase Paymentech Solutions
Chase Paymentech Solutions, LLC, headquartered in Dallas, Texas, is the world's largest merchant acquirer accepting payments at the
point of sale, hospitality, internet, retail, catalogue and recurring billing. The privately-held company is an end-to-end
processor for merchants of all sizes and industries. The company processed approximately 18.2 billion transactions in 2006, with
more than $660.6 billion in annual bankcard and debit volume. Chase Paymentech's customer base reflects the most respected brands
in the world and includes more than 600,000 merchants with nearly 1 million locations globally. Chase Paymentech is a joint venture
between JPMorgan Chase & Co. and First Data Corp.
About PASSTM
PASSTM, or Payments as a Secure ServiceTM, enables business users to perform a wide variety of commerce
activities securely from their Windows VistaTM desktop. The underlying technology for PASS is provided by IP Commerce's
IP Payments FrameworkTM (IPPF). IP Commerce, along with a group of leading financial institutions and payment service
providers, have joined together to form the PASS Consortium. Together they have created PASS Commerce Center which provides
easy-to-access, easy-to-use secure payment and financing services for small businesses running Windows Vista, including the ability
to receive payments, process transactions, pay invoices, obtain access to financial services and better manage cash flow. The PASS
Consortium includes BankServ, Chase Paymentech, CIT Group, Inc., ICC, CashEdge, and PayPal. For more information on PASS, the PASS
Consortium or PASS Commerce Center, please visit www.passpayments.com.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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