US-based retailer Kroger has partnered with JPMorgan Chase & Co’s consumer and commercial banking business Chase Pay to offer mobile payments at selected retail markets and e-commerce programmes from next year.
The new partnership is part of the company’s Restock Kroger Plan, a strategy that focuses on creating shareholder value by redefining how America eats.
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Kroger chief information officer Chris Hjelm said: “Technology is transforming our customers’ experiences and greatly influencing how we are reimagining the store of the future.
“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.”
The retail firm noted that the new partnership will help them to create customer value and enable Chase’s 65 million customers to use Chase Pay at Kroger for online and in-lane purchases.
Chase digital products head Jennifer Roberts said: “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.
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By GlobalData“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.”
