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Chase unveils Chicago Bears contactless debit card

Wed. October 29, 2008; Posted: 12:37 PM
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Oct 29, 2008 (Datamonitor via COMTEX) -- JPM | Quote | Chart | News | PowerRating -- Chase, the consumer and commercial banking brand of JPMorgan Chase & Company, has teamed up with MasterCard Worldwide and the Chicago Bears for introducing the new Chicago Bears Debit MasterCard.

All new and existing Chase personal checking customers in Illinois are now eligible for a new Chicago Bears Debit MasterCard. The debit card has no annual fee and comes with special features and offers, said MasterCard.

With the PayPass-enabled Blink feature, the Chase Chicago Bears Debit MasterCard is expected to improve the payment experience for cardmembers by providing a fast and convenient alternative to cash that reduces the transaction time by as much as 40%. To use the blink device, cardmembers hold their card near a point-of-sale terminal instead of swiping their card or handing it to a concessions employee, and the terminal emits a signal to acknowledge payment confirmation.

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For full details on JPMorgan Chase and Co. (JPM) click here. JPMorgan Chase and Co. (JPM) has Short Term PowerRatings of 7. Details on JPMorgan Chase and Co. (JPM) Short Term PowerRatings is available at This Link.

    


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