J.P. Morgan Ranks #1 European Web Transaction Acquirer
J.P. Morgan has secured the top spot in the Nilson Report’s European ranking of merchant acquirers in Europe by web-based transactions for the sixth year running.
According to the report1, the 45 largest acquirers handled over 22 billion web-based transactions with a value of over $1 trillion last year. J.P. Morgan processed more than five billion online transactions on behalf of clients in 2020, with a market share of 23.4%. J.P. Morgan also maintained its position as top U.S. processor of retail and ecommerce transactions.
As consumer behaviour continues to evolve, merchants are turning to J.P. Morgan to help respond and to streamline their business processes. Later this year J.P. Morgan plans to offer card present solutions in a selection of European countries – enabling in store payment for the first time. This is an important step in the firm’s European omnichannel payments journey, and complements the existing suite of products it offers merchants in the region.
“As many of our retail clients on the European high street begin to emerge after managing the challenges of a global pandemic, we will be in a position to support them as they navigate the post-lockdown era,” said Basil Bailey, Head of Product for EMEA Merchant Services. He added: “While e-commerce has clearly accelerated during the last year, we’re also seeing that consumers are keen to return to physical stores. Streamlining merchants’ operations during this readjustment period by offering them an in-store payment option alongside our established e-commerce processing platform will enable them to save time, costs and ultimately focus on growth.”
The new card present solution demonstrates the firm’s commitment to international growth and expansion. Collaborators including ACI Worldwide, Aurus and FreedomPay will support the firm in delivering this enhanced offering and helping retailers adapt to a new landscape.
About J.P. Morgan's Wholesale Payments business
J.P. Morgan’s Wholesale Payments business combines the firm’s treasury services, trade, card and merchant services capabilities to help clients pay anyone, at any time, from anywhere in the world. Operating at the forefront of payments innovation, our solutions help clients succeed in an era of digital transformation and evolving customer expectations. J.P. Morgan processes over $6 trillion payments daily, is the world’s top USD clearer and was the first bank to offer real-time payments across USD, GBP and EUR.
1 The Nilson Report, issue 1197 May 2021
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210520005233/en/
Contact information
Rebecca Hooper
Phone: +44 20 7742 7994
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Siren Secures Investment to Advance AI-Driven Investigations for National Security2.12.2025 11:30:00 EET | Press release
Siren, the all-in-one investigation company, today announced a strategic investment from Elastic (NYSE: ESTC), the company behind Elasticsearch. The investment deepens a decade-long partnership between the two companies and accelerates development of Siren’s AI-driven platform, including Siren’s newly launched K9 AI Companion, used by national security, law enforcement, and financial crime agencies worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202354147/en/ Siren, the all-in-one investigation company, today announced a strategic investment from Elastic (NYSE: ESTC), the company behind Elasticsearch. The partnership combines the Elasticsearch Platform, which delivers real-time search, retrieval and anomaly detection across structured, unstructured, and streaming data, with Siren’s patented investigative intelligence technology, which fuses data from multiple sources into explainable, auditable insights. Through
P.I. Works Drives Stronger Network Results for Beeline Uzbekistan2.12.2025 11:00:00 EET | Press release
P.I. Works celebrates the success of its long-time client Beeline Uzbekistan, recognized by independent global analytics firms Opensignal and Ookla for excellence in mobile network performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202914682/en/ P.I. Works Drives Stronger Network Results for Beeline Uzbekistan Opensignal named Beeline Uzbekistan the country’s Fastest Mobile Internet provider and Most Consistent Mobile Network for the first half of 2025, while Ookla recognized the operator with the Best Mobile Video Experience award. These honors reflect the measurable impact of P.I. Works’ AI-driven automation, analytics, and optimization capabilities, combined with Beeline Uzbekistan’s strong commitments to investment and innovation. Partnership Powering Network Excellence A joint strategy to bring intelligence and efficiency into operations fuels this success. With automation, self-organizing capabilities, and
GMA with MOVIVA ® : setting new standards in endoscopic bariatric treatment2.12.2025 10:59:00 EET | Press release
Just a few months after the world’s first Gastric Mucosal Ablation (GMA) case using MOVIVA® at the Policlinico Universitario Agostino Gemelli in Rome, clinical experience is rapidly expanding across Europe. With around 80 procedures performed within a short timeframe in eight countries, MOVIVA® is helping to establish a new era of endoscopic bariatric treatment – offering a less invasive option as obesity rates continue to rise worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251202355726/en/ GMA with MOVIVA® A promising alternative for bariatric patients: GMA with MOVIVA® GMA is an incisionless, minimally invasive endoscopic procedure. It targets the gastric fundus, the main site of ghrelin production – the so-called hunger hormone. By reducing ghrelin levels, patients experience less hunger. At the same time, the ablated tissue shrinks the fundus, which reduces stomach capacity. Together, these effects can support
Hanshow Achieves SOC 2 Type II and SOC 3 Certifications, Elevating Data Security Standards for Global Retailers2.12.2025 10:53:00 EET | Press release
Hanshow, a global leader in digital retail solutions, announced that its All-Star digital solution has earned SOC 2 Type II and SOC 3 certifications following an independent audit by Deloitte. These internationally recognized certifications underscore Hanshow’s commitment to robust data security, privacy protection, and operational reliability for retailers worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251201803690/en/ All-Star of Hanshow has earned SOC 2 Type II certification. The SOC 2 and SOC 3 certifications, established by the American Institute of Certified Public Accountants (AICPA), are trusted global standards for evaluating information security, processing integrity, confidentiality, and privacy across technology service organizations. SOC 2 Type II certification assesses the operational effectiveness of security controls over an extended period, while SOC 3, as its public summary, offers customers clea
Klarna Launches Tap to Pay for In-Store Purchases Across 14 Markets2.12.2025 10:00:00 EET | Press release
Klarna, the global digital bank and flexible payments provider, today launches the brand new feature Tap to Pay across 14 European markets, bringing flexible payments into physical retail at scale and transforming the Klarna app into an everyday contactless wallet. With more than 80% of European shopping still happening in physical stores, Tap to Pay brings consumers the ease of online shopping into the bricks and mortar stores. Instead of hunting for cards or juggling apps, everything sits in one place — the Klarna app — making every purchase smoother from start to finish. Utilising NFC technology, Tap to Pay turns the Klarna app into a contactless wallet, letting consumers set up a flexible payment plan and pay with a tap, all in one place – without adding their card to another wallet or switching apps at checkout. Tap to Pay builds on the rapid global uptake of the new debit-first Klarna Card, now used by more than 4 million consumers. The card is debit by default, with the option t
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom