Under the terms of the deal, Marketron clients will benefit from solutions in credit card and electronic payment acceptance made available by Chase Paymentech. Marketron customers can utilize Chase Paymentechs processing services as a standalone service but also have the ability to integrate those services with Media Connect, a Mediascape service. Media Connect provides stations with a branded web portal that provides advertisers with online access to advertising schedules, creative copy and encourages early or on-time electronic payment of invoices with a points-based loyalty program.
Via its platforms, Chase Paymentech provides access to various payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2010, Chase Paymentech processed 20.5 billion transactions with a value of USD 469.3 billion.
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