Kroger and Chase Pay Announce Mobile Payment Partnership

Redesigning grocery payment experience enables seamless transactions while delivering cost savings for the future

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Dec 12, 2017, 08:00 ET

CINCINNATI, Dec. 12, 2017 /PRNewswire/ -- The Kroger Co. is teaming up with Chase Pay—the digital engagement wallet from JPMorgan Chase & Co.— to offer mobile payments starting with select retail markets and e-commerce programs in 2018.

Kroger's payment solutions are a part of the company's Restock Kroger Plan, the strategy to create shareholder value by redefining how America eats. One of the key strategic drivers is to expand partnerships to create customer value, which includes Kroger forming alliances to accelerate digital and e-commerce platforms.

"Technology is transforming our customers' experiences and greatly influencing how we are reimagining the store of the future," said Chris Hjelm, Kroger's Chief Information Officer. "Mobile wallets enable a more seamless shopping experience for our customers and at the same time, can help us drive cost out of our business."

"This is a significant win for our customers who now will be able to save time and money using Chase Pay at one of the top retailers in the country," said Jennifer Roberts, Head of Digital Products at Chase. "Kroger is one of the places our customers shop the most, and it's great to deliver more value to both a key partner and our customers."

Through the partnership, Chase's 65 million customers will have an opportunity to use Chase Pay at Kroger for online and in-lane purchases.

For more information about The Kroger Co., visit www.TheKrogerCo.com.

For more information about Chase Pay, visit www.ChasePay.com.

About Kroger
At The Kroger Co., we are dedicated to our purpose: to Feed the Human Spirit™. We are 453,000 associates who serve nearly nine million customers every day in 2,793 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Our Family of Companies operates an expanding ClickList offering – a personalized order online service – in addition to 2,258 pharmacies, 783 convenience stores, 307 fine jewelry stores, 222 retail health clinics, 1,472 supermarket fuel centers and 38 food production plants in the United States. Our Company has been recognized as one of America's most generous companies for our support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. As a leader in supplier diversity, we are a proud member of the Billion Dollar Roundtable.

About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Chase serves nearly half of America's households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,300 branches, 16,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.

SOURCE The Kroger Co.