ISO MERCHANT SERVICES, a registered independent sales organization of Chase Paymentech Solutions, LLC has an extensive background and experience in providing merchant services to financial institutions. We are a leader in merchant credit card processing and cutting edge technology. We can and will guarantee greater profitability, no risk to your company, and unparalleled customers service. We're confident that you'll find ISO's discount rate attractive and our individual merchant rating formula easy to understand.

Chase Merchant Services was a joint venture between Chase Merchant ventures, Inc., a subsidiary of JPMorgan Chase Bank, N.A., and First Data Merchant Services, Corp., a subsidiary of First Data Corp. (NYSE: FDC). Chase Merchant Services was 50 percent owned by JPMorgan Chase Bank and 50 percent by First Data Merchant Services.

Paymentech was a joint venture of JPMorgan Chase & Co. (with approximately 52 percent ownership) and First Data Corp., (with approximately 48 percent ownership). Prior to the merger of JPMorgan Chase & Co and Bank One Corp., Bank One Corp. was the majority owner of Paymentech.

Processing Volume

Chase Paymentech Solutions will process approximately 13.1 billion transactions annually with more than $500 billion in annual bankcard volume in both the United States and Canada.

• Direct Commerce (Internet & Mail Order/Telephone Order)
• Retail
• Travel & Entertainment
• Small Business

This infrastructure allows Chase Merchant Services' professionals to develop and maintain a high level of expertise in a particular segment, translating into a more effective and efficient relationship with each of our clients. One of Chase Merchant Services' greatest strengths is its access to vast resources and investments in technology from both JPMorgan Chase and First Data Corporation, which enables us to provide cutting-edge payment solutions to accommodate our clients' ever changing business needs.

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $741 billion and operations in more than 50 countries. With relationships with over 99% of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services. A company of the Down Jones Industrial Average, JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the internet at www.jpmorganchase.com.

First Data Corp. (NYSE:FDC), with global headquarters in Denver helps powers the global economy. As the leader in electronic commerce and payment services, First Data serves approximately 2.8 million merchant locations, 1,400 card issuers and millions of consumers, making it easy, fast and secure for people and businesses to buy goods and services using virtually any form of payment. With 28,000 employees worldwide, the company provides credit, debit, smart card and stored-value card issuing and merchant transaction processing services; Internet commerce solutions; Western Union® money transfer services and money orders; and check processing and verification services throughout the United States. First Data also offers a variety of payment services in the United Kingdom, Australia, Canada, Japan, Mexico, Spain, the Netherlands, the Middle East and Germany. Western Union and Orlandi Valuta money transfer agent networks include a total of approximately 135,000 agent locations in more than 190 countries and territories. For more information, please visit the company's Web site at www.firstdata.com.