CarTrawler Partners with J.P. Morgan for eCommerce Payment Acceptance

News

12 December 2017

DUBLIN, IRELAND -- A new partnership between J.P. Morgan and CarTrawler will provide merchant gateway and acquiring services. Headquartered in Ireland, CarTrawler is an end-to-end transport technology solution, which provides customers with international car rental, private transfer and rail solutions.

Speaking about the new relationship, Tom Hickey, Chief Financial Officer of CarTrawler, said, "Working with J.P. Morgan improves our payments processing and provides safe and seamless transactions to our customers. To facilitate our growth we sought out a merchant acquirer who has the experience and advisory skills to enable us to expand across markets quickly and easily."

Catherine Moore, European President of J.P. Morgan Merchant Services, commented, "CarTrawler is an innovator within the travel industry that has experienced significant growth in recent years. J.P. Morgan's gateway, acquiring services and multi-currency solutions allow CarTrawler to extend their global reach from their operations in Dublin. We are delighted to help one of Ireland's largest indigenous technology companies to bring their payment platform to the world stage.

J.P. Morgan supports eCommerce companies across a diverse range of industries including the sharing economy, digital marketplaces, fashion, gaming, food, ticketing, insurance and luxury goods. J.P. Morgan is a key partner for eCommerce merchants expanding within Europe and pan-European companies looking to expand to North America.

About J.P. Morgan

Merchant Services is the payment acceptance and merchant acquiring business of JPMorgan Chase & Co., a global financial services firm with assets of $2.6 trillion and operations worldwide. It is a leading provider of payment, fraud management and data security solutions, capable of authorizing payment transactions in more than 130 currencies. J.P. Morgan, through its Merchant Services business, has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for eCommerce companies. Its processing platforms provide integrated solutions for all major credit and debit card payments as well as mobile payments and processed more than $1 trillion in payment transaction volume worldwide in 2016. According to The Nilson Report, it is also top merchant acquirer of eCommerce transactions in Europe1.

Source:
1The Nilson Report, #1110, May 2017

About CarTrawler

CarTrawler is the world's leading B2B travel technology platform providing car rental and ground transportation options to over 700 million airline passengers annually, through over 100 airline partnerships. CarTrawler connects travellers in real-time, on any device, to every significant car rental and ground transportation supplier globally. CarTrawler's unique technology is an easy to implement platform, personalised based on customers' trip details. Our technology provides you with higher conversion rates and increased revenue.

Media Contacts

Maribel Ferrer, Executive Director, Communications, J.P. Morgan
Telephone: +1 30 5579 9493
Email: maribel.ferrer@chase.com

Josh Salisbury, Account Manager, Ketchum
Telephone: +44 20 3755 6484
Email: josh.salisbury@ketchum.com