JCB partners with Nuvei to enable JCB payment acceptance across global markets

LONDON, Nov 1, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today announced their partnership with Nuvei. Nuvei now offers JCB acceptance to its global merchant ecosystem, enabling JCB's more than 140 million-strong cardmember community to pay at Nuvei's network of 50,000 merchants across global markets. These merchant sectors include social media, luxury retail, travel and entertainment. This will allow JCB to provide a compelling offering for the global spenders amongst its cardmember community.Nuvei's unique platform provides merchants with choice and flexibility to capture every payment opportunity, increase acceptance rates and reduce operating costs. The partnership with JCB will open greater opportunities for Nuvei's merchant community to provide comprehensive payment acceptance and greater sales opportunities on a global scale.Nuvei will also be offering J/Secure(TM) 2.0, JCB's cardmember authentication programme conforming to the EMV(R) 3-D Secure Protocol and Core Functions Specification to prevent fraud. J/Secure(TM) 2.0 is expanding globally and supported by major global suppliers of 3DS Server and ACS. It provides more opportunities to JCB acquirers and issuers for secure e-commerce transactions and enhances the customer experience to reduce cart abandonment by introducing Frictionless Flow (the customer will not be prompted for additional information such as a password) through risk-based authentication that supports richer data exchanges and additional data sharing during online transactions.This partnership is the latest stage in JCB's growing global acceptance, bringing secure payments to the fast-growing sector of online sales ecommerce. With the global ecommerce market forecast to total $6.169 trillion by 2023 and set to take more than 22 % of total retail sales[1], JCB's partnership with Nuvei provides an exciting platform for further growth.Ray Shinzawa, Managing Director for JCB International (Europe) Ltd., said: "This is an exciting moment for JCB in expanding global acceptance for our cardmembers. We are delighted to be partnering with such an innovative brand in the payments space and look forward to bringing the mutual benefits of seamless and secure online payments to both Nuvei's merchant ecosystem and our loyal cardmembers."Yuval Ziv, President at Nuvei, commented: "We're excited to extend our partnership with JCB and continue to support them along their global acceptance journey. Our business is focused on accelerating merchant's businesses through innovative payment solutions which promise a frictionless, secure payment experience for their customers. The evolution of our partnership with JCB is testament to this and we're optimistic about the future of this partnership."About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB issues cards across various countries and regions internationally with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About NuveiNuvei (Nasdaq: NVEI) (TSX: NVEI) is tomorrow's payment platform. Designed to accelerate customers' business, Nuvei's modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 45+ markets, 150 currencies and more than 570 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration. For more information, visit www.nuvei.com.About EMV(R)EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.[1] Global Ecommerce: Stats and Trends to Watch to Succeed Internationally (2022) (shopify.com)COMPANY CONTACTS:JCB International (Europe) Ltd. Contact:Diana Lee: dlee@jcbeurope.euJCB (Head Office in Japan)Ayaka Nakajima: jcb-pr@jcb.co.jpNuvei Investor Relations:ir@nuvei.comNuvei Public Relations: Alexandra Bucur: alexandra.bucur@nuvei.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

Enablement of JCB Contactless payment acceptance at all OMNY contactless subway and bus validator screens in New York

LOS ANGELES, CA, Nov 15, 2021 - (JCN Newswire via SEAPRWire.com) - JCB International Credit Card Co., Ltd. (JCBUSA), the US subsidiary of JCB Co., Ltd., Japan's only international payment brand, and the New York Metropolitan Transportation Authority (NY MTA), the largest public transit authority in North America, are pleased to announce the enablement of JCB Contactless payment acceptance at all OMNY (One Metro New York) contactless subway and bus validator screens.NY MTA is one of the largest transportation systems in the world and a vital infrastructure not only for locals, but also for travelers. JCB has been one of NY MTA's long-time fare payment options and now enabling contactless payments gives JCB cardmembers the convenience of tapping their cards wherever OMNY, NY MTA's contactless fare payment system, is available.Sarah Meyer, Chief Customer Officer of NY MTA, commented, "We look forward to working closely with JCB. Huge numbers of visitors from Asia will be able to experience the seamlessness of OMNY when they are visiting New York City. We are excited about being a conduit to contactless users from around the world."Ray Shinzawa, President & COO at JCBUSA, said, "We are pleased that our JCB cardmembers can now enjoy the added convenience of tapping their cards or smartphones on NY MTA subway and bus validator screens. We respect and appreciate NY MTA's NFC adoption of JCB, a prominent payment brand from Asia. JCB has been leading the NFC interface since 2000's with Felica in Japan. JCB's NFC acceptance is growing rapidly, and JCB is committed to broaden the NFC network to enhance convenience and security in transportation around the world."About MTAThe Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City through Long Island, southeastern New York State, and Connecticut.The MTA network comprises the nation's largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. The MTA's operating agencies are MTA New York City Transit, MTA Bus, Long Island Rail Road, Metro-North Railroad, MTA Bridges and Tunnels, and MTA Construction & Development.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 36 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactsJCB (Head Office in Japan)Ayaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpJCBUSAMikaho HaraMarketing ManagerTel: +1-213-896-3788Email: mikaho.hara@jcbusa.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

JCB expands partnership with Nets Group to grow JCB Contactless acceptance in the Nordics

TOKYO & COPENHAGEN, Jun 28, 2021 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. and Nets Group, the Nordic-based payment service provider, announce the latest expansion of their partnership to bolster JCB Contactless acceptance in the Nordic region.JCB cardmembers can now use JCB Contactless on 244,000 merchant POS systems across Denmark, Sweden, Norway, and Finland. This growing partnership with Nets marks a significant increase in JCB acceptance in the region, built upon the previous rollout to 18,000 Nets merchants in Finland in January 2020[1] and introduction of mobile payments in Denmark in 2016[2].JCB cardmembers can simply tap their card or other JCB Contactless-embedded devices close to the merchant terminal reader for quicker payment without inserting the card. International NFC payment protocols make it possible to enable JCB Contactless acceptance around the world, while EMV(R)[3] technology ensures highly secure payment transactions. By enabling this function across more merchants in the Nordics, JCB cardmembers will have increased access to secure and fast payment options when travelling in future.JCB proprietary data shows that JCB Contactless saw an over 30% increase year-on-year in July 2020[4], and as the world emerges from the global pandemic, mobile payments are likely to continue their rapid growth trajectory - supported by Europe and Asia Pacific. JCB issues across various countries and regions internationally including Japan, Russia, China, South Korea, Taiwan, and Thailand, and in the past 4 years JCB's cardmember network has grown by 48%[5], while the JCB merchant network now expands to about 36 million businesses worldwide.Robert Hoffmann, CEO of Concardis and Nets Merchant Services says: "We are happy to support contactless acceptance of JCB across the Nordics benefitting JCB cardmembers once they again can travel abroad. Contactless payments are already well-established at the point-of-sale in the Nordics. As a leading provider of digital payment services in Europe, it is paramount for us that we support the most preferred means of payment in the most seamless and convenient way as we know this helps to drive conversion and business for our merchant customers".Yoshiki Kaneko, President and Chief Operating Officer, JCB International Co., Ltd. expresses, "We grant a wide customer base to our partners, with more than 141 million cardmembers worldwide. Our cardmembers are looking forward to spending and travelling again in the future, and we are confident their spend will help contribute to recovery of the Nordic region - and help our valued partners and their merchants. By providing comprehensive JCB Contactless acceptance to our cardmembers in the Nordics, we have now made card payments even more simple, secure, and fast. This latest enablement of Nets merchants in Denmark, Sweden, Norway, and Finland greatly contributes to the overall significant expansion of JCB Contactless acceptance in Europe."[1] 'JCB expands its merchant network with Nets Group in Finland', 21.01.2020, JCB expands its merchant network with Nets Group in Finland | JCB Global Website, (Accessed January 2021). https://www.global.jcb/en/press/00000000162954.html[2] 'Nets and JCB partner to drive mobile payments in Denmark', 19.04.2016, Nets and JCB partner to drive mobile payments in Denmark | JCB Global Website, (Accessed January 2021). https://www.global.jcb/en/press/20160419060000.html[3] EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.[4] JCB Proprietary Data (July 2020)[5] JCB Proprietary Data (September 2020)About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 36 million merchants around the world. JCB issues cards across various countries and regions internationally with more than 141 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/About Nets GroupAt Nets, we see easier products and solutions as the foundation for growth and progress - both in commerce and society. With the headquarters in Copenhagen, Denmark, and 4,000 employees located across Europe, we help financial institutions, businesses and merchants across Europe make tomorrow a little easier for their customers while delivering unrivalled security and stability. Powering payment solutions for an easier tomorrow.ContactsJCB International/EuropeIndia StonePhone: +44 020 7087 4754Email: istone@jcbeurope.euJCB (Head Office in Japan)Kumiko Kida, Ayaka NakajimaPhone: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)