Merchant Services is
the global payment acceptance and merchant acquiring business of JPMorgan Chase & Co. and a leading provider of payment, fraud management and data security solutions, capable of authorizing transactions in more than 130 currencies.
2Checkout focuses on
global payment acceptance, providing you with a secure and compliant gateway to do business in nearly every country around the world.
Not exact matches
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in
global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or
payments, or default on
payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer
acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
2Checkout has developed the world's leading
global payment platform that allows instant
acceptance of foreign
payments on any device.
Anticipating
global acceptance of Bitcoin, should you want to denominate and / or settle
payments in Bitcoin, we treat Bitcoin as a foreign currency.
These include a much better customer experience (especially on mobile, which is a key driver for e-commerce in emerging markets), better privacy (particularly relevant for cross-border
payments), the ability to do smaller transaction sizes, a
global and fast - growing merchant
acceptance network, and of course, for many people in emerging markets, the ability to transact online whereas otherwise they would not be able to, either because they don't have a credit card in the first place, or their credit card is rejected because of fraud risk associated with a particular country.
Global demand for Bitcoins is influenced by such factors as the growth of retail merchants» and commercial businesses»
acceptance of Bitcoins as
payment, the security of online Bitcoin Exchanges and digital wallets that hold Bitcoins, the perception that the use of Bitcoins is safe and secure, and the lack of regulatory restrictions on their use.
We compared the merchant
acceptance of the four major
global card
payment networks — American Express, Discover, MasterCard, and Visa — and found that Visa and MasterCard have the highest number of merchants on their networks.
Enjoy enhanced security and
global acceptance when you use your credit card at merchants that use chip - enabled terminals to accept your
payment.
«Bitcoin's popularity is growing rapidly and has established itself as the most secure, most widely accepted digital currency» said Sonny Singh, chief operating officer, BitPay Inc. «This relationship with Optimal
Payments will help us to drive merchant
acceptance on a
global scale.»