By MyBankTracker  Fri Dec 21, 2012

Chase to Expand Merchant Offers for Customers

Chase has acquired Bloomspot, a company that provides merchant-funded offers based on a consumer’s spending habits.

“Merchant partners are continually looking for ways to engage the right customers, and consumers have shown a clear interest in receiving offers from their favorite merchants,” said Jeff Kinder, president of Chase Offers, in a prepared statement.

The acquisition is expected to close in early 2013.

Chase customers may soon be receiving these types of offers from local merchants.

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