J.P. Morgan Chase & Co. (NYSE:JPM) has teamed up with Hyatt to launch first U.S. Co-Branded hotel card with EMV Chip technology.

J.P. Morgan Chase & Co. Makes Hotel Partnership

J.P. Morgan Chase & Co. (NYSE:JPM)’s division, Chase Card Services and HyCard Inc., an affiliate of Hyatt Hotels Corporation, have unveiled first U.S. Co-Branded hotel card with EMV Chip technology.

Cardmembers traveling internationally are now offered seamless and secure payment solution with the Hyatt Credit Card with chip technology.

Robin Schettini, general manager, J.P. Morgan Chase & Co. (NYSE:JPM) ,said that, “Offering EMV chip technology on the Hyatt Credit Card is an extension of our commitment to provide cardmembers best-in-class service and products. This new feature offers cardmembers convenience and peace of mind that cannot be matched by any other U.S. cobranded hotel card. J.P. Morgan Chase & Co. (NYSE:JPM)’s Hyatt cardmembers will benefit from the card’s premier travel benefits and the ability to safely and easily conduct transactions when travelling internationally”.

JP Morgan Chase & Co. (NYSE:JPM) shares were at 39.24 at the end of the last day’s trading. There’s been a 37.3% movement in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.4
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.3
Zack’s Rank: 5 out of 15 in the industry