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JCPenney Acclaim Agenda and JCPenney Rewards Adherence Affairs Among First to Seamlessly Integrate with Angel Pay

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PLANO, Texas – (July 24, 2017) – As allotment of its focus on creating an accessible and seamless chump arcade experience, JCPenney (NYSE:JCP) has formed out Angel Pay, which is transforming adaptable payments with an easy, defended and clandestine way to pay, to all food nationwide. The Company will additionally accomplish its credit agenda accessible on Angel Pay, which allows acclaim agenda users to acquire arcade credibility through JCPenney Rewards, the retailer’s chump adherence program.

“With Angel Pay at JCPenney, we’re able to action a faster, added seamless analysis out action by acceptance our barter to pay for their purchases by artlessly captivation their iPhone or Angel Watch a a point-of-sale terminal, rather than inserting a dent card,” said Therace Risch, arch advice administrator for JCPenney. “And with the added accessibility of our acclaim agenda as a acquittal advantage via Angel Pay, we’re giving barter addition acute acumen to accompany our acclaim agenda and adherence programs.”

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In store, Apple Pay works with iPhone 7, iPhone 7 Plus, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPhone SE and Angel Watch. JCPenney point-of-sale registers now action all Angel Pay accurate acclaim and debit coffer cards, including the Company’s acclaim agenda and co-branded Mastercard, both issued by Synchrony Coffer and accessible to use with Angel Pay. Customers artlessly add their JCPenney acclaim agenda as a acquittal advantage to Angel Pay application the Wallet or Angel Watch app on their iPhone. Plus, advancing soon, barter with the JCPenney app on iPhone and iPad will accept the advantage to complete their purchases application Angel Pay.

“We’re consistently attractive for new means to advantage avant-garde technology solutions to bear acceptable and defended adaptable payments for our retail partners,” said Carol Juel, controlling carnality admiral and arch advice officer, Synchrony Financial. “With the JCPenney acclaim agenda and the JCPenney Mastercard now accessible to use with Angel Pay, the chump acquaintance is taken to a accomplished new level.”

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“Through our Mastercard Agenda Enablement Service, we abide committed to allowance merchants like JCPenney capitalize on adaptable payments, ensuring the best acquaintance for their barter and active loyalty,” said Linda Kirkpatrick, controlling carnality president, U.S. Market Development, Mastercard.  “By enabling clandestine characterization agenda offerings to be accurate in a agenda environment, we’re accouterment the best consumers appetite while carrying the chump assurance retailers demand.”

When barter add a acquittal agenda to Angel Pay, the absolute agenda numbers are neither stored on the device, nor on Apple servers. Instead, a different accessory annual cardinal is assigned, encrypted and deeply stored in the defended aspect on the Angel device. Each transaction is accustomed with a one-time different activating aegis code.

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For added advice on Angel Pay, visit: http://www.apple.com/apple-pay/

Media Relations:(972) 431-3400 or jcpnews@jcp.com; chase us at @jcpnews

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Investor Relations:(972) 431-5500 or jcpinvestorrelations@jcpenney.com

About JCPenney:J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s better accoutrement and home accoutrement retailers, is on a mission to ensure every customer’s arcade acquaintance is account her time, money and effort. Whether arcade jcp.com or visiting one of over 1,000 abundance locations beyond the United States and Puerto Rico, she will ascertain a ample array of articles from a arch portfolio of private, absolute and civic brands.  Supporting this amount hypothesis is the warrior spirit of over 100,000 JCPenney assembly worldwide, who are focused on the Company’s three cardinal priorities of deepening clandestine brands, acceptable a world-class omnichannel banker and accretion acquirement per customer. For added information, amuse appointment jcp.com.

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