Chase Merchant Services, a joint venture of Chase Manhattan Corp. and First Data Corp., has won a contract to process Visa and MasterCard transactions for American Airlines.

American Airlines, with $5 billion in annual bank card volume, has used Electronic Data Systems Corp. as its merchant processor, an airline spokesman said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.