Sears wished to consolidate all payments acceptance to take advantage of Chase Paymentech’s payments technologies, providing the combined retailers with improved payment speed and superior business reporting.

Susan Ehrlich, senior vice president for financial services at Sears Holdings, said: Chase Paymentech worked with us to develop a solid and scalable payments strategy for all of Sears Holdings. We’re committed to providing our customers with solutions that earn their trust and help us build lifetime relationships.