Chase announced today that Wakefern Food Corp. will accept Chase Pay as another way for the customers to pay for groceries at ShopRite and The Fresh Grocer stores—being supermarkets that are part of the Wakefern cooperative. Chase Pay is a digital payment solution which allows customers with Chase Visa® consumer credit and debit cards to purchase items comfortably and securely while earning rewards and offers. Chase Pay uses token technology that makes payments secure for customers and helps to minimize risk to commercial businesses.
Jennifer Roberts, president of strategic alliances and loyalty solutions for Chase told that in a hyper competitive industry, Wakefern has done an amazing job growing revenue and market share in the digital space and with brick-and-mortar stores. He added that they are pleased to work with Wakefern and deliver a seamless payment experience through Chase Pay for our mutual customers.
Wakefern, the largest U.S. retailer-owned cooperative comprised of 50 member companies that individually own and operate 330 supermarkets along the East Coast. Wakefern will accept Chase Pay as a form of payment through the Fresh Grocer supermarket and ShopRite websites later this year. Chase Pay will be phased with a Mobile app next year. Chase is the largest credit card issuer in the United States based on loans outstanding. Chase customers have more than 90 million consumer debit and credit card accounts and nearly 24 million people actively use the chase mobile banking app.