JCPENNEY ACCEPTS APPLE PAY AT STORES NATIONWIDE
July 24 2017 - 8:32AM
JCPenney Credit
Card and JCPenney Rewards Loyalty Program Among First to Seamlessly
Integrate with Apple Pay
PLANO, Texas - (July 24, 2017)
- As part of its focus on creating an easy and seamless
customer shopping experience, JCPenney (NYSE:JCP) has rolled out
Apple Pay, which is transforming mobile payments with an easy,
secure and private way to pay, to all stores nationwide. The
Company will also make its credit card available on Apple
Pay, which allows credit card users to earn shopping points through
JCPenney Rewards, the retailer's customer loyalty program.
"With Apple Pay at JCPenney, we're
able to offer a faster, more seamless check out process by allowing
our customers to pay for their purchases by simply holding their
iPhone or Apple Watch near a point-of-sale terminal, rather than
inserting a chip card," said Therace Risch, chief information
officer for JCPenney. "And with the added convenience of our credit
card as a payment option via Apple Pay, we're giving customers
another compelling reason to join our credit card and loyalty
programs."
In store, Apple Pay works
with iPhone 7, iPhone 7 Plus, iPhone 6s, iPhone 6s Plus, iPhone 6,
iPhone 6 Plus, iPhone SE and Apple Watch. JCPenney
point-of-sale registers now process all Apple Pay supported credit
and debit bank cards, including the Company's credit card and
co-branded Mastercard, both issued by Synchrony Bank and available
to use with Apple Pay. Customers simply add their JCPenney
credit card as a payment option to Apple Pay using the Wallet or
Apple Watch app on their iPhone. Plus, coming soon, customers with
the JCPenney app on iPhone and iPad will have the option to
complete their purchases using Apple Pay.
"We're always looking for new ways
to leverage innovative technology solutions to deliver convenient
and secure mobile payments for our retail partners," said Carol
Juel, executive vice president and chief information officer,
Synchrony Financial. "With the JCPenney credit card and the
JCPenney Mastercard now ready to use with Apple Pay, the customer
experience is taken to a whole new level."
"Through our Mastercard Digital
Enablement Service, we remain committed to helping merchants like
JCPenney capitalize on mobile payments, ensuring the best
experience for their customers and driving loyalty," said Linda
Kirkpatrick, executive vice president, U.S. Market Development,
Mastercard. "By enabling private label card offerings to be
supported in a digital environment, we're providing the choice
consumers want while delivering the customer engagement retailers
demand."
When customers add a payment card
to Apple Pay, the actual card numbers are neither stored on the
device, nor on Apple servers. Instead, a unique device account
number is assigned, encrypted and securely stored in the secure
element on the Apple device. Each transaction is authorized with
a one-time unique dynamic security code.
For more information on Apple Pay,
visit: http://www.apple.com/apple-pay/
Media
Relations:
(972) 431-3400 or jcpnews@jcp.com; follow us at @jcpnews
Investor
Relations:
(972) 431-5500 or jcpinvestorrelations@jcpenney.com
About
JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation's largest
apparel and home furnishings retailers, is on a mission to ensure
every customer's shopping experience is worth her time, money and
effort. Whether shopping jcp.com or visiting one of over 1,000
store locations across the United States and Puerto Rico, she will
discover a broad assortment of products from a leading portfolio of
private, exclusive and national brands. Supporting this value
proposition is the warrior spirit of over 100,000 JCPenney
associates worldwide, who are focused on the Company's three
strategic priorities of strengthening private brands, becoming a
world-class omnichannel retailer and increasing revenue per
customer. For additional information, please visit jcp.com.
###
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: J. C. Penney Company, Inc. via Globenewswire
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