Originally Posted by
crimsona
The press release only mentions Mastercard and private label card, and says nothing about Visas.
From the
official press release (bolding mine):
The credit card portfolio includes approximately $1.7 Billion in receivables and 2 million well-performing active customer accounts. The agreement also includes the acquisition of JPMorgan Chase's credit card operations in Canada. These operations include a highly-skilled bilingual call centre in Ottawa with fraud, collections, recovery and customer service expertise.