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22/11/2011 / loyaltymarketingnews

Chase and British Airways unveil first airline co-brand card with EMV chip-with-signature technology

To enhance the customer experience when traveling internationally, Chase Card Services, a division of JPMorgan Chase & Co., and British Airways have announced that EMV chip-with-signature technology is now available on the British Airways Visa Card.

“The addition of EMV chip-with-signature to the British Airways Visa Card offers cardmembers a higher level of convenience,” said Naney Pandit, general manager, Chase Card Services. “Since most of our cardmembers frequently travel abroad, we want to provide them with benefits that make them feel right at home, no matter where they are. Cardmembers can now use the British Airways Card at any chip-enabled, point-of-sale device, such as train ticket kiosk, restaurant or gas station.”

The British Airways Visa Card has EMV chip-with-signature technology that features a microchip as well as a traditional magnetic strip to accommodate merchants in the United States. The embedded microchip makes the card extremely difficult to copy, because the encrypted chip enables safer processing and storage of data. Chip technology is the gold standard in Europe, Canada, and regions of Africa and Asia, among other geographies.

In addition to the added convenience, the British Airways Visa Card does not charge foreign transaction fees, delivering up to three percent savings on international purchases. Cardmembers earn 2.5 Avios, the new British Airways Executive Club currency, for every $1 spent on British Airways purchases. All other purchases earn 1.25 Avios for every $1 spent. Cardmembers also have the option to redeem Avios for future travel on British Airways or any one of its 11 oneworld alliance partners: American Airlines, Cathay Pacific, Finnair, Iberia, Japan Airlines, Lan Airlines, Malev, Mexicana, Qantas, Royal Jordanian and S7 Airlines. Cardmembers may also use their miles to upgrade their seat to a higher class of service.

The British Airways chip-with-signature credit card can be used everywhere traditional magnetic strip cards are accepted in the U.S. and in more than 130 countries abroad where chip technology is implemented.

 

(via Colloquy)

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