GM Dealers Get Paymentech

JPMorgan Chase & Co.'s Chase Paymentech said it would offer processing services to General Motors Co. dealerships through a pact with Aspen Marketing Services.

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The agreement allows the dealerships to handle payments from debit, fleet and gift cards.

The expanded payment options should improve revenue and customer loyalty for the dealerships, Chase Paymentech and Aspen said in a press release Friday.

The service will launch within the next several weeks the companies said. Aspen is based in West Chicago.


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