DALLAS--(BUSINESS WIRE)--Windstream Communications has selected Chase Paymentech, a global leader in merchant acquiring, as their exclusive payment processing provider. The arrangement will enable Windstream, a telecommunication company, to offer its merchants credit and debit card acceptance at exclusively negotiated rates.

Operating as Windstream Merchant Services, the company will provide best in class, cost effective solutions for small and mid-sized businesses who need to accept credit and debit cards at the point of sale, via telephone or online.

"We are enthusiastic to offer our business customers Windstream Credit Card Acceptance from Chase Paymentech," said Don Perkins, Windstream Vice President of Business Marketing. "We understand the needs of small businesses and are pleased to offer our customers competitive pricing on a product that makes doing business easy. Our goal is to continue to establish Windstream as a valued business partner to our customers by providing them services that allow them to run their business more efficiently and more profitably."

“Chase Paymentech is pleased to have been selected as the service provider for Windstream Communications to deliver merchant services to their small and medium-sized business customers. Anytime we can add value to a company and enable merchants to benefit from a cost-effective, seamless credit card processing solution – we all win,” said Peter Gasparro, Group Executive of Partnership Programs, Chase Paymentech.

Windstream Corp. (Nasdaq: WIN) is an S&P 500 company with about $3.7 billion in annual revenues. Windstream provides phone, high-speed Internet and high-definition digital TV services to customers in 21 states. The company also offers a wide range of IP-based voice and data services and advanced phone systems and equipment to businesses and government agencies. For more information about Windstream, visit www.windstream.com.

Chase Paymentech, a subsidiary of JPMorgan Chase (JPMC), is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2009, Chase Paymentech processed more than 18.0 billion transactions with a value exceeding $409.7 billion, including an estimated half of all global Internet transactions. The company also provides a full set of solutions aimed at accelerating cash flow and managing transaction data. On the Internet or at the point of sale, Chase Paymentech’s unique combination of outstanding service, innovative solutions and financial strength offers solid benefits to companies both large and small. More information can be found at www.chasepaymentech.com.