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Payment Processing for General Motors Dealerships

2011 Newsroom - Chase Paymentech and Aspen Marketing Services team up to offer Payment Processing to Nearly 4,500 General Motors Dealerships

March 10, 2011, Dallas TX: Aspen Marketing Services is now offering a payment processing program to General Motors' nearly 4,500 dealerships nationwide through an arrangement with Chase Paymentech, a global leader in merchant acquiring. With this exclusive program, GM dealerships will have access to more competitive processing rates, safer, more secure processing, simple, customized online reporting tools and best-in-class customer support.

The payment processing arrangement with Chase Paymentech will offer GM dealerships a broader range of payment options, including debit, fleet and gift cards. Fleet cards, used by major federal and state government entities and private companies that own multiple vehicles, are used to pay for service and parts that their employee drivers may need. By offering both fleet and gift cards, GM dealerships will have more opportunities to drive up revenues and increase customer loyalty.

Chase Paymentech is enthusiastic to take part in providing market leading payment processing services for GM dealers nationwide. The Chase Paymentech team has a proven track record of serving nationwide franchise organizations, and will work closely with Chase Card Services and Aspen Marketing Services to deliver a best in class payments solution to a world class franchise. Chase Paymentech, in cooperation with Aspen, is targeting a launch of the new program within the coming weeks.

About Aspen Marketing Services

Founded in 1986, Aspen Marketing Services, based outside Chicago, is the largest privately held marketing services agency in the United States, with 10 offices throughout North America. Aspen builds long-term relationships with clients, many of which are in the Fortune 100, through impactful programs built to engage, sell and retain. Clients benefit from Aspen’s comprehensive portfolio of in-house marketing capabilities, including digital marketing, direct marketing, advanced analytics, experiential and event marketing, online and offline word-of-mouth and Hispanic marketing. To learn more about Aspen, please visit www.aspenms.com or follow us on Facebook at www.facebook.com/aspenmarketingservices.

Aspen manages the GM Customer Sales & Service Retention (CSSR) program and formerly offered CrediNet (Dealer Merchant Services Program). Aspen creates direct marketing programs for GM which are designed to engage/retain customers and drive them to the GM Dealership for new car sales and service.

About Chase Paymentech

Paymentech, LLC ("Chase Paymentech"), a subsidiary of JPMorgan Chase & Co (JPM), is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2009, Chase Paymentech processed 18.0 billion transactions with a value of $409.7 billion, including an estimated half of all global Internet transactions. The company also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentech’s unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small. More information can be found at www.chasepaymentech.com.

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