JPMorgan Chase & Co has joined forces with France's leading payments network, Cartes Bancaires (CB), in a pioneering move to revolutionize payment processing. This strategic partnership signifies a significant step forward in offering clients in France a more competitive and efficient payment alternative.

JPMorgan's corporate clients, including major American companies, will soon benefit from streamlined payment processing through CB's network. By the end of 2024, JPMorgan aims to provide its clientele in France with a compelling alternative to traditional payment methods like Visa and Mastercard.

In addition to domestic transactions, the partnership ensures seamless international payment processing through fallback options to Visa or Mastercard networks. This comprehensive approach guarantees uninterrupted service, irrespective of geographical boundaries.

For merchants operating within the French market, utilizing the CB network offers a cost-effective payment solution. With a focus on affordability and reliability, CB's robust infrastructure remains a preferred choice for businesses seeking optimal payment solutions.