JCB Reaches One Million Rupay JCB Card Issuance Mark in India

TOKYO, Feb 13, 2023 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced issuance of one million Rupay JCB Cards in India. These credit and debit cards, issued by 12 public and private sector banks and co-badged as RuPay JCB Cards, offer their cardmembers a seamless payment experience within and outside India.Along with the 3-fold growth in card issuance, a significant growth in Rupay JCB Card usage was also seen with international spending growing 8-fold between April 2022 to December 2022. This is expected to further grow rapidly given the extremely lucrative international campaign currently available for RuPay JCB cardmembers. All RuPay JCB cardmembers are eligible for a whopping 40% cashback on face-to-face transactions in Singapore, Thailand and Bahrain. The maximum cashback amount per transaction is 3,000 INR and maximum cashback amount per one card is 15,000 INR within the campaign period. The current campaign started on December 29, 2022 and will conclude on March 31, 2023.This is the second such campaign as RuPay JCB just concluded a similar 40% cashback campaign in UAE, Qatar and Australia. The offer was on face-to-face transactions from October 1 to December 31, 2022. This campaign has also successfully increased the number of transactions and was well appreciated by bank issuers and cardmembers.In addition to this, there are multiple on-going offers across countries in different categories such as retail store, restaurant, hotel and transport.Mr. Yoshiki Kaneko, President & COO, JCB International Co., Ltd. said, "We are very proud of our strategic partnership with NPCI. This first million Rupay JCB issuance milestone is a testament to the strength of our partnership which will continue to grow in the coming years. India is a key market for JCB with huge potential given the aspirational young and vibrant base of consumers who especially enjoy international travel and new experiences. We are confident the feature-rich RuPay JCB Card, which offers many international benefits to its cardmembers including international airport and JCB PLAZA Lounge access, besides many special offers, discounts, and cashbacks that saves our cardmembers' money, will be well enjoyed outside India. We will continue to focus on and invest in growing the India business through our esteemed partner, NPCI, to ensure that our issuing partners always have access to the best-in-class technology to create path-breaking products."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 41 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 150 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/ ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

JCB and Vietnam Prosperity Joint Stock Commercial Bank launch VPBank JCB Credit Card with a focus on Generation Z in Viet Nam

TOKYO & HO CHI MINH, Feb 6, 2023 - (JCN Newswire via SEAPRWire.com) - JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Vietnam Prosperity Joint Stock Commercial Bank (VPBank), a major commercial bank in Vietnam, announced the launch of VPBank JCB Credit Card in Vietnam.The new VPBank JCB Credit Card is the first credit card which is focused on Generation Z in the Vietnam market. Holders of VPBank JCB Credit Card can access JCB's acceptance network with about 41 million merchants around the world.From the launch date, VPBank is also starting to offer many promotion programs and benefits that meet with the needs of this special target segment of cardholders.The VPBank JCB Credit Card brings special offers to customers, including 10% cashback on everyday spending in F&B, entertainment, fitness, food delivery & transportation; welcome gifts for new cardholders; a 0% installment program that is applicable for transactions at any stores as well as many other special promotions. For more information about promotions and benefit, please visit here[1]. https://www.vpbank.com.vn/ca-nhan/the-tin-dung/the-tin-dung-zAbout 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 41 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 150 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 VPBankVPBank is one of the leading banks in the Vietnam market: Global top 300 most valuable banking brands (according to Brand Finance), leading the market in terms of capital, mobilization and credit growth. By 2022, VPBank had become the largest charter capital bank in the system and maintained its position as the largest commercial bank in Vietnam by market capitalization. Particularly in the credit card business, VPBank remains one of the leading banks both in terms of cards issued and spending volume.ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp[1] Vietnamese only Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

JCB identifies India as a key growth market for European merchants and acquirers to further propel digital payments and online spending

TOKYO & LONDON, Nov 29, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has identified a significant opportunity for European merchants and acquirers to tap into the rapidly growing Indian payments market, with JCB's data showing a 70% growth in Cardmembers between Q4 of 2021 and Q2 of 2022.[2]Projected to have the third-largest number of high-income households by 2030, the region is set to contribute $1.8 trillion to global consumption growth.[3]Traditionally a "cash-first" society, there has been a significant shift towards digital and card payments as part of a "less-cash" movement in recent years. This has been accelerated by government initiatives such as Digital India introduced with the specific aim to "transform India into a digitally empowered society and knowledge economy".[4]The National Payment Corporation of India (NPCI), set up by the Reserve Bank of India and Indian Banks' Association, has been a major factor in enabling widespread digital payments in the region. Reinvesting profits into growing India's payment ecosystem, the umbrella organisation operates retail and settlement payment systems throughout India and has a comprehensive services portfolio that makes them a central figure in the market.In terms of spending, research shows most Indians are optimistic in the wake of the Covid-19 pandemic, with consumer and retail spending including fresh produce, health and wellness goods, new vehicle purchases, and travel. As restrictions ease and travel is possible once more, the appetite to do so has only intensified, with outbound tourism set to surpass $42 billion by 2024 and Indian firms expected to facilitate easier travel through better connected flights.[5] Already one of the world's fastest growing aviation markets in 2019, there is an expectation that the number of daily fliers will exceed pre-pandemic numbers by the early 2023[6] with the likes of London, Paris, Dubai, Toronto, and Amsterdam being the most popular international destinations.This spending increasingly takes place online, too, with Indians willing to spend abroad from their home - especially with recognised brands and in frictionless and secure ecommerce environments. Access to reliable internet and low-cost data[7] makes it easier to go online at a time when traditional shopping methods have been more difficult amidst pandemic restrictions. The ecommerce sector alone is expected to grow by 96% between 2021-2025[8] and worth $200 billion by 2026.[9] 43% of international transactions from JCB Cards came from ecommerce spending.[10]These figures have been released alongside the launch of JCB's latest whitepaper, 'Prosperity Awaits - Tapping into the Indian Market', which includes exclusive insights for European merchants and acquirers on Indian spending patterns, and the importance of building customer relationships early to capitalise on the opportunities.Ray Shinzawa, Managing Director, JCB International (Europe) Ltd., commented: "The Indian market is growing at a rapid rate and boasts one of the world's fastest-growing economies.[11] This is providing opportunities for merchants and acquirers outside of South Asia to grow their presence in the region and unlock the potential it, and its population of over 1.4 billion people, has to offer.[12] JCB's place in the payment ecosystem means we are well-positioned to help our European merchants and acquirers navigate and make their mark in this vast region" he continued.Satoru Mori, Managing Director, JCB Card International (SouthAsia) Private Ltd., said: "There is a real opportunity for European merchants and acquirers to have success in the Indian market. The region is putting significant time and resources into embracing a digital outlook and this benefits modern payment methods. Meanwhile, the population itself is willing to spend as we emerge out of the pandemic. It is all about providing a painless and secure process that will allow individuals to trust you with their disposable income."Download and read the full whitepaper here.https://www.thepaymentshub.net/content/files/2022/11/Prosperity-Awaits---Tapping-into-the-Indian-Market.pdfAbout 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/MEDIA CONTACTS:JCB International (Europe) Ltd. Victoria Perea-Usher: Marketing@jcbeurope.euJCB (Head Office in Japan)Ayaka Nakajima: jcb-pr@jcb.co.jp[1] JCB Proprietary Data 2022, per JCB Card International (SouthAsia) Private Ltd.[2] JCB Proprietary Data 2022, per JCB Card International (SouthAsia) Private Ltd.[3] India consumption growth: India to have third-largest number of high income households by 2030: McKinsey Report - The Economic Times https://economictimes.indiatimes.com/news/economy/indicators/india-to-have-third-largest-number-of-high-income-households-by-2030-mckinsey-report/articleshow/86089869.cms?from=mdr[4] Digitalindia | Digital India Programme | Ministry of Electronics & Information Technology(MeitY) Government of India https://www.digitalindia.gov.in/[5] India's outbound tourism to surpass $42bn by 2024: Report - Times of Indiahttps://timesofindia.indiatimes.com/business/india-business/indias-outbound-tourism-to-surpass-42-bn-by-2024-report/articleshow/93407481.cms[6] As international travel opens up, Indians spend lavishly | Business and Economy News | Al Jazeera https://www.aljazeera.com/economy/2022/3/28/as-international-travel-opens-up-indians-spend-lavishly[7] Mobile Data In India Is Among The Cheapest Across World: See Comparison in Photos https://www.news18.com/photogallery/tech/mobile-data-in-india-is-among-the-cheapest-across-world-see-comparison-in-photos-5011783.html[8] India's e-commerce market set to increase 96 percent to $120 billion by 2025, new FIS study finds | Business Standard Newshttps://www.business-standard.com/content/press-releases-ani/india-s-e-commerce-market-set-to-increase-96-percent-to-120-billion-by-2025-new-fis-study-finds-122030200987_1.html[9] Top 10 Ecommerce Sites in India - Ecommerce Guide https://ecommerceguide.com/top/top-10-ecommerce-sites-in-india/[10] JCB Proprietary Data 2022, per JCB Card International (SouthAsia) Private Ltd.[11] India, fastest-growing major economy, projected to grow 6.4% in 2022: UN | Business Standard News https://www.business-standard.com/article/current-affairs/india-retains-top-spot-as-fastest-growing-major-economy-un-report-122051900021_1.html[12] World Population Prospects 2022: Summary of Results https://www.un.org/development/desa/pd/sites/www.un.org.development.desa.pd/files/wpp2022_summary_of_results.pdf Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCB and East West Banking Corporation announce the launch of EastWest JCB Credit Card

TOKYO & MANILA, Nov 10, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.EastWest JCB Gold Credit Card and EastWest JCB Platinum Credit Card offer several rewards such as accumulate reward points that can redeem them for airline miles, cash rebates, or annual membership fee waiver. Also, it offers year-round special promotions and discounts from partner merchants in-store and online, from shopping, and dining to travel and leisure and even more on your international purchases with a low foreign conversion fee.The signing of the memorandum of agreement (MOA) to seal this partnership was recently held at the Hotel Okura Manila. JCB was headed by President and COO of JCB International Yoshiki Kaneko and Yusuke Matsui, JCB Manila's Country Manager. EastWest on the other hand was headed by Vice Chairman and CEO Antonio C. Moncupa, Jr. and President Jacqueline S. Fernandez.In his opening remarks, Antonio C. Moncupa, Jr., EastWest's Vice Chairman and CEO, pointed out that EastWest's partnership with JCB is part of the Bank's efforts to meet their customers' growing needs for financial products that will allow them to have more options and better experiences in their everyday life."With the EastWest JCB Credit Card, we are bringing more Filipinos closer to the Japan experience in general and, in particular, to see the famed 'Customer-Centered Focus,' the core of JCB's 'Service from the Heart' service standards. We in EastWest hope to learn from JCB as we pursue our efforts to be a world-class bank anchored on service excellence," Moncupa said.He added that the credit cards will be a new way to better experience the modern lifestyle that Japan has to offer."As JCB says, it is 'uniquely yours'. We thank JCB for the partnership as we share the wonders of the well-known 'Japanese way' with our customers," Moncupa said.Yoshiki Kaneko the President and COO of JCB International pointed out in his remarks that he considered the MOA signing a historic one since EastWest Bank is the first issuing partner of JCB in the Philippines for the past 25 years."As the only international payment brand from Japan, JCB stays true to its Japanese pillars of reliability, preciseness, and hospitality. EastWest reflects the same flexibility and drives to deliver the best customer experience that we champion. Your adherence to the values that we stand for has made both our companies a perfect match," Kaneko said.He added that through the partnership, both EastWest and JCB would be able to deliver a world-class level of care and satisfaction to customers in the Philippines and bring them closer to Japan."We look forward to growing this partnership and sharing more of Japan with you all," Kaneko said.For her part, FVP and Credit Cards Business Head Mia P. Tamayo, reaffirmed the excitement in EastWest to officially bring the limitless potential of the partnership to fruition and realization."For many Filipinos, experiencing the wonders of Japan is a dream that we want to fulfill. This partnership with JCB will definitely bring our customers to the many reasons that we are in awe and enamored with Japan," she said.Tamayo also thanked this momentous partnership between EastWest and JCB. She added that the Japanese wonders of customized service, meticulous visual experience, convenience, relevance, grace and elegance are only one swipe away.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 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/ About East West Banking CorporationEast West Banking Corporation (EastWest) is a universal bank catering to the financial needs of mid-sized businesses, consumers, and the mass affluent. Since 2012, EastWest has been trading under the symbol "EW" on the Philippine Stock Exchange. EastWest is a subsidiary of Filinvest Development Corporation (FDC), one of the country's leading conglomerates with a diverse range of interests including real estate, banking, hospitality & tourism, power generation, and sugar. For more information, go to eastwestbanker.com.ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

JCB Launches Kiwami Experience Exclusive Program

TOKYO & JAKARTA, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - PT. JCB International Indonesia, the subsidiary of JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, launched the Kiwami Experience program for JCB Ultimate card holders. The program takes card holders to explore and experience the aspects of Japanese lifestyle, which is represented by the word "KIWAMI" in Japanese that means ultimate or the topmost.The launch event of the Kiwami Experience Program by JCB was also attended by JCB Bank Partners, Kiwami Restaurant & Hotel Partners, JTB Indonesia and Nana Mirdad at The Legian Seminyak, Bali.JCB Ultimate card holders can enjoy exclusive services & special benefits such as complimentary dishes at various fine dining Japanese restaurants in Jakarta and Bali, as well as numerous perks during their stay in 5-star hotels in Bali, for example, complimentary lunch or dinner, afternoon tea and discounts for spa facilities. The finest services including airport pickups to hotels, airport assistant and concierge services can also be enjoyed through the JCB Kiwami Experience program.Takumi Takahashi, President Director of PT. JCB International Indonesia, said that "JCB holds an omotenashi principle which encourages hospitality by serving customers earnestly. Through this program, we aim to give unparalleled and memorable experiences to JCB Ultimate card holders to delight in authentic Japanese lifestyle. We are also optimistic about seeing more and more customers benefit from the services that we provide, which means that JCB contributes to the economic recovery, particularly in Indonesia."Japan has various interesting aspects to talk about, for traditions that have stemmed in the society's lifestyle add uniqueness and lasting impression to whatever is done there. For example, for Japanese cuisine, there are always traditions, philosophies, and aesthetics within the preparation process of any dish. The Kiwami Ultimate program offers customers assorted authentic Japanese food that they can experience first-hand, such as trying out omakase-style restaurants of which dishes are personally chosen by the chef, seeing first-hand Teppanyaki cooking techniques that are full of attractions. Restaurants that take part in this program in Jakarta include Sumire, Ritz Jurin, Sushi Ippachi, Shabusen, and Honzen Jakarta. Meanwhile, there are also participating restaurants such as Tenkai, Izakaya by Oku, Honzen Bali, Shiro, Nagisa Izakaya and Hamabe in Bali. For more information, visit here; https://hotel.kura2bus.com/page/kiwami.Other than the finest Japanese traditions and cuisines, we also offer inclusive promotions at relaxation facilities in 5-star hotels in Bali, such as The Apurva Kempinski Bali, The Legian Seminyak, Four Seasons Resort Bali at Jimbaran, Four Seasons Resort Bali at Sayan, The Villas at Ayana Resort, Six Senses Uluwatu, Andaz Bali, Amankila, The Mulia Resort, Como Uma Canggu, The Trans Resort Bali, and Hoshinoya Bali. For more information, visit here; https://hotel.kura2bus.com/page/kiwami."The launching of the Kiwami Experience Program by JCB Indonesia is expected to provide unforgettable experiences for JCB Ultimate card holders and fulfil their longing for Japan under travel restrictions during the pandemic. The Kiwami Ultimate program was launched first in Indonesia, and it will be expanded to Japan, Singapore, and other ASEAN countries," Takumi Takahashi stated.About JCB and JCB IndonesiaJCB is a prime global payment brand, and the leading issuer and acquirer of credit cards in Japan. In 1961, JCB launched the card business in Japan and expanded its business worldwide in 1981. JCB's holder network covers approximately 39 million merchants in the world. The JCB Card was launched in Asian countries and regions with more than 140 million cardmembers. As a part of its international growth strategy, JCB has established alliances with hundreds of leading banks and financial institutions globally to accelerate the expansion of its merchant coverage and member card base.In Indonesia, JCB Indonesia has partnered with seven largest banks: BCA, BNI, BRI, CIMB NIAGA, DANAMON, MANDIRI, and MAYBANK, which offers multiple perks and cross-country services. As a provider of comprehensive payment solutions, JCB is committed to giving the best, relevant, and high-quality services and products to all customers around the world. For further information, please visit: www.id.jcb/id/ContactsJCB IndonesiaNada SalmaHead of Brand Marketing & Communication DivisionPT. JCB International IndonesiaTel: +62 811 28 6543Email: nada.salma@jcb-intl.co.idJCB (Head Office in Japan)Ayaka NakajimaTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

BoB Financial and Snapdeal Launch Co-Branded JCB RuPay Contactless Credit Card

MUMBAI, INDIA, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - BOB Financial Solutions Limited (BFSL), the wholly-owned subsidiary of Bank of Baroda (BoB) and Snapdeal in partnership with National Payments Corporation of India (NPCI) and JCB International Co. Ltd. have announced the launch of the Snapdeal BoB JCB RuPay Credit Card. The card is designed keeping in mind the purchase behaviour of shopping enthusiasts and will offer a host of attractive benefits and rewards. The card will also be usable at international merchants and ATMs through the extensive JCB global network.Users of the co-branded credit card will receive up to 5% unlimited cashback (accrued as 20 reward points on every INR 100 spent) on the Snapdeal app and website. Activation of the co-branded credit card within 30 days of issuance will entitle the cardholder to shopping benefits on Snapdeal worth up to INR 500.The card also offers 10 reward points per INR 100 spent on online, grocery and departmental store spends. For purchases in all other categories, customers will get 4 reward points for every INR 100 spent. The cardholders will also enjoy free Add-On cards for family members, waiver of 1% fuel surcharge, easy EMI options (pre and post purchase), and periodic offers across merchants.Commenting on the partnership, Shailendra Singh, MD & CEO, BOB Financial said, "We are happy to launch our co-branded credit card with Snapdeal, in partnership with NPCI, at a time when both new customer acquisition as well as usage from smaller cities and towns continue to grow at an impressive pace. The challenges brought about by the pandemic have resulted in a rapid adoption of digital payments even in interior locations of the country. Our co-branded credit card will offer additional value to this large segment of customers that constitute Bharat!".Himanshu Chakrawarti, President, Snapdeal Limited said, "Snapdeal's target audience is the value-savvy, mid-income, price-conscious buyers who predominantly live in the smaller cities of India. The partnership between BOB Financial, NPCI and Snapdeal brings together parties with a deep understanding of this mega-segment of consumers and how they are evolving in terms of their use of technology and digital payments. Our co-branded card is another important step in offering additional value to our users."Ms. Praveena Rai, COO, NPCI said, "We are happy to associate with BOB Financial and Snapdeal for the launch of the distinctive co-branded JCB RuPay Contactless Credit Card. We believe that this proposition will appeal strongly to millions of Snapdeal and BOB Financial's customers at large by offering them a unique and rewarding experience. At NPCI, we are strategically focussing on creating a wide array of offerings in the credit segment for the customers to experience delightful and memorable retail as well as e-commerce shopping."Mr. Yoshiki Kaneko, President and COO, JCB International Co. Ltd. said, "We are extremely excited to partner with BFSL and Snapdeal through our esteemed network partner RuPay. This product, besides offering great value and benefits within India, comes with unique benefits and privileges internationally. This includes access to exclusive JCB in-city lounges at many key international travel destinations and special discounts exclusively for JCB cardmembers at many international merchants. We are sure the cardmembers will enjoy the benefits of carrying this card with them wherever they go."About BOB Financial Solutions LimitedBOB Financial Solutions Limited was established in the year 1994. It is a Non-Banking Financial Company, wholly owned by Bank of Baroda. The Company's primary business is in credit cards with its key differentiator being simple, easy-to-understand products that are fairly priced and efficiently serviced. A pioneer in the space of credit cards, BOB Financial offers an array of products catering to all segments of customers. It is leveraging state-of-the-art technology to provide unique payment solutions to its customers. For more information, visit www.bobfinancial.comMedia contact for BFSL:Ashutosh Kumar9811174731ashutosh.kumar@bobfinancial.comAbout SnapdealSnapdeal is one of India's best known e-commerce companies and has an exclusive focus on the value segment with more than 90% of the products on its platform priced under Rs. 1,000. Snapdeal as a brand is synonymous with value e-commerce: good quality, trendy and affordably priced products that fulfill the aspirational needs of value-conscious buyers. Over the last several years, the company has enhanced its expertise in catering to the value segment of the Indian e- commerce market, comprising mid-income users who have a budget-led approach to spending and access the Internet primarily through their mobile phones. Snapdeal receives more than 86% of its orders from outside metro cities, with more than 72% of its orders coming from buyers living in Tier 2+ cities & towns. It covers 96.65% of India's pin codes and has served buyers from more than 2,500 cities. Founded in 2007 as a coupon booklet business, it transformed itself into an e-commerce deals platform in 2010. Subsequently, it launched the Snapdeal e-commerce marketplace in 2012.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. JCB issues cards across various countries and regions internationally with more than 140 million cardmembers. JCB Cards are accepted at tens of millions of merchants globally through its vast acceptance network. 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/enMedia contact for JCBAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpAbout NPCINational Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag) and Bharat BillPay. NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India's aspiration to be a fully digital society. For more information, visit: https://www.npci.org.in/Media contact: Shruti Singh9654497747shruti.singh@npci.org.inPriyanka Chavda9619378489priyanka.chavda@npci.org.inAdfactors PRBanali Banerjee/Pragya Sahay9769610385/7982347652banali.banerjee@adfactorspr.com / pragya.sahay@adfactorspr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

AEON Credit (00900) 1Q2022 Revenue up by 9.7% to HK$279.1 million

HONG KONG, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its unaudited results for the three months ended 31 May 2022 ("1Q2022", or the "reporting period"). For 1Q2022, the Group's revenue increased 9.7% year-on-year to HK$279.1 million and operating profit before impairment losses and impairment allowances was up by 16.4% to HK$126.9 million. The Group recorded profit of HK$82.7 million (1Q2021: HK$97.0 million) and earnings per share of 19.74 HK cents for the reporting period.Overall sales for 1Q2022 increased by 12.3% against 1Q2021, with gross advances and receivables balance up by 4.0% relative to the amount at end of February 2022. With an increase in sales for the Group, both as a credit card issuer and acquirer and an insurance intermediary, the Group recorded a year-on-year increase of HK$7.4 million in fees and commissions, reaching a total of HK$28.9 million. Interest income, meanwhile, increased by HK$15.8 million to HK$233.9 million, driven by the continued rise in receivable balances. These, combined with the increase in handling and late charges due to the rising demand in cash advance, led to the robust growth in the Group's revenue and operating profit. However, the expectation of slow economic recovery in the reporting period in stark contrast with the expected rebound in key economic indicators in 1Q2021, resulted in a relatively significant increase in impairment losses and impairment allowances in 1Q2022, which led to the decline in profit during the reporting period, despite the solid top-line growth.As part of its strategy to cater for the shift in customer spending towards the Internet under the new normal and expand its customer base, the Group launched its first ever cashback credit card, AEON Card Wakuwaku (the "Wakuwaku card"), in May 2022, which allows cardholders to enjoy special spending rebates for online and overseas spending in Japan. Supported by celebrity endorsement to attract a younger generation of customers, it has received a favourable response with more than 5,000 Wakuwaku cards issued in the first month of its debut.Following its successful marketing and brand building efforts for the Wakuwaku card, the Group will place yet more emphasis on using both digital and traditional marketing channels to promote its credit card and personal loan products and to roll out different marketing programmes to enrich customers' user experience. Regarding its technology development endeavours, AEON Credit's card and loan system replacement project is targeted to be completed towards the end of the current financial year, after which the Group will be able to launch new payment solutions, enjoy flexibility in offering product benefits and have access to even better data analysis tools. With a strong capital position, the Group will continue to dedicate resources to the expansion of its branch network, providing higher quality customer experiences, accelerating digitalisation and exploring new investment opportunities to expand and diversify its businesses.Mr. Tomoharu Fukayama, Managing Director of AEON Credit said, "The Group is glad to have achieved positive revenue and operating profit growth in 1Q2022 despite the challenging operating environment amid the fifth wave of the Pandemic. The implementation of our strategy to address the shift in customer spending behaviour and appeal to the younger generation has made good progress with the successful launch of our Wakuwaku card. To embrace changing customer needs and capture the arising market opportunities, we will also continue to ramp up our marketing and promotions using a variety of channels and increase our technology upgrade and digitalisation efforts."About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company's website at www.aeon.com.hk. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

CIMB Niaga and JCB launch JCB Digital Credit Card in Indonesia

TOKYO & JAKARTA, Jun 22, 2022 - (ACN Newswire via SEAPRWire.com) - PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as a subsidiary of JCB International Co. Ltd., launched the CIMB Niaga JCB OCTO Card Digital Credit Card in Jakarta, on 22nd June 2022. This credit card with digital or virtual technology was developed in line with the rapid growth of demand for online transactions and credit card technology. The Digital Credit Card provides a number of improvements. It enables the user to apply for CIMB Niaga JCB OCTO Card Digital Credit Card anytime and anywhere, and it also provides a safer and easier payment method for online transactions by using a one-time password (OTP).Director of Consumer Banking CIMB Niaga Noviady Wahyudi said, "CIMB Niaga continues to innovate to develop digital customer experience by integrating various products and services into the OCTO Mobile Super App, making it easier for people to meet their financial needs. Recently, we innovated to present the CIMB Niaga JCB OCTO Card Digital Credit Card, which provides a comprehensive digital transaction experience for users," said Noviady.Meanwhile, President Director of PT JCB International Indonesia, Takumi Takahashi, said, "The launching of this new Digital Credit Card shows our successful collaboration with CIMB Niaga and our commitment to cater to the demand for digital transactions in Indonesia. We believe with this new Digital Credit Card, customers can experience the uniqueness of JCB."The issuance of the CIMB Niaga JCB OCTO Card Digital Credit Card is an initiative of CIMB Niaga and JCB to provide an easier, faster and safer online transaction experience. All transactions will be verified by entering a random two (2) digit OCTO Mobile PIN, and online transactions at most online merchants that have implemented 3D secure security are protected by a one time password (OTP) sent to a mobile phone number registered with the Bank. These features minimize the risk of online fraud and losses due to card theft. Customers also have the option to immediately block their CIMB Niaga JCB OCTO Card Digital Credit Card via the CIMB Niaga OCTO Mobile.With the fast online application process for the Digital Credit Card, customers will have easier and instant access to their credit cards at the time of payment, without the hassle of carrying a physical credit card. Overall, this new Digital Credit Card is a convenient and hassle-free way to do transactions instantly.The main features and benefits of this Digital Credit Card include 10% cash back for online transactions through the CIMB Niaga OCTO Mobile, a free installment fee with a 3 month tenor for minimum retail transactions of Rp 500,000, and a free annual fee. For detailed information, please visit: https://www.cimbniaga.co.id/id/personal/kartu-kredit/octo-card.CIMB Niaga JCB OCTO Card Digital Credit Card customers can use the Card with the above features and benefits at more than 100 thousand offline and online merchants in Indonesia.About CIMB Niaga CIMB Niaga was established under the name of Bank Niaga in 1955. Approximately 92.5% of CIMB Niaga's shares (including those owned by PT Commerce Kapital of 1.02%) are owned by the CIMB Group. CIMB Niaga offers complete banking products and services, both conventional and Sharia, through a 428 office network as of 30 June 2021, consisting of 358 branch offices, 37 Digital Lounges and 33 Mobile Branches. CIMB Niaga has 12,389 employees (consolidated) as of June 30, 2021.CIMB Group is the second largest financial services provider in Malaysia and one of the leading universal banking groups in ASEAN. The products and services it offers include consumer banking products and services, investment banking, Islamic banking, asset management and insurance. CIMB Group is headquartered in Kuala Lumpur, and operates in all ASEAN member countries (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam, Myanmar, Laos, and the Philippines). In addition to the ASEAN region, CIMB Group has also established offices in China, Hong Kong, India, Sri Lanka, the United States, the United Kingdom, and Korea. CIMB Group's shares are listed on Bursa Malaysia through CIMB Group Holdings Berhad. As of 30 June 2021, the group has a market capitalization value of USD 11.1 billion.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 Cards are now 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/ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SCAM WARNING: Dual Miners Project May Cause Financial Loss and Credit Card Fraud

Dual Miners, DualMini, DualPro, DualPro Max, DualPremium SCAM projects and SUSPICIOUS press releases warning notice Singapore – Scam warning notice about suspicious project Dual Miners (website: https://dualminers.co/ ) . The project may cause financial loss to users and make users a victim of credit card fraud. Dual Miners once paid newswires via PayPal for a press release about their cryptocurrency mining computer. The company’s domain name is: https://dualminers.co/  (in use) http://www.dualminers.com/  (old domain name, the website has expired) After the press release was successfully distributed, PayPal initiated a refund application. The owner of the credit card linked to Dual Miners’ PayPal account told PayPal that he had no idea of the payment. This means: Dual Miners may have stolen the user’s credit card, opened a PayPal account, and then used PayPal to make fraudulent payments. From other online information, Dual Miners’ cryptocurrency are selling mining computers and requiring users to provide credit card information. From the above information, the Dual Miners project is very suspicious, and the purchaser’s private information and credit card information may be misused. In order to avoid further losses for users, we remind all PR Agencies and Newswires that have business contact with Dual Miners to stop sending out any suspicious press releases from Dual Miners. We also remind all users to stay away from Dual Miners to avoid financial loss and credit card fraud. ——————THE FOLLOWING IS THE SUSPICIOUS PRESS RELEASE—————– SCAM Warning: DUAL MINERS IS RESTRUCTURING THE FINANCIAL SYSTEM SCAM Warning — New York, NY – Since we have achieved an incredible milestone in the cryptocuurrency industry, we have been a victim of several cyber-attacks, the recent of which was from Russian hackers. Therefore, dualminers.com is no longer available, but dualminers.co. Nothing else has changed. SCAM Warning — We have proffered a solution to the current problem of cryptocurrency mining, and so with our machines, you can be assured of a larger ROI, even on the first month. Dual Miners Ltd has developed three solutions that are pre-configured for ease of use and promise a return on investment in as little as one month due to advancements in ASIC chip technology. SCAM Warning — The company’s current offerings, according to a corporate statement, include DualMini, DualPro, DualPro Max, and the most recent DualPremium, all of which are designed to support profitable operations on the blockchain of choice. See www.dualminers.co/products  SCAM Warning — In addition to providing crypto wallet development services, the company sells graphics processing units to consumers. The company has offices on three continents. Dual Miners has a solid reputation in the Blockchain industry as a result of its extensive market experience. SCAM Warning — The above picture is Dual Pro, one of the fast selling machines and very effective we have SCAM Warning — Shipping costs SCAM Warning — As a consequence of this, Dual Miners will pay for both shipping and import tariffs, enabling customers to acquire everything they require to get started with no further costs beyond the cost of the device itself. SCAM Warning — About Dual Miners SCAM Warning — Established in 2015 with the goal of developing and marketing the world’s first leading dual cryptocurrency miners, which can use either SHA-256 or Scrypt technology depending on the miner’s preference. The company asserts that it was the very first dual mining enterprise in the world. “We wanted to revolutionise the industry with the DualPro by providing more power at a more affordable price than was previously thought to be possible”-Michael Scott. SCAM Warning — The company maintains offices in a number of other cities around the world, including in the United States. Additional information regarding the company and the goods it sells can be found on the website of the business, which is located at http://www.dualminers.co. SCAM Warning — You can obtain additional details by visiting www.dualminers.co   SCAM Warning — PR MANAGER SCAM Warning — michael@dualminers.co SCAM Warning —  (+358) 41 4001034

AEON 信贷财务推出信用卡AEON CARD WAKUWAKU 走在最前 满足消费新常态

HONG KONG, May 3, 2022 - (亚太商讯 via SEAPRWire.com) - AEON信贷财务(亚洲)有限公司(「AEON信贷」或「集团」;股份代号:00900)于2022年5月1日推出全新首张针对网上购物爱好者的现金回赠(CashBack)信用卡AEON CARD WAKUWAKU,以扩大其客户群并捕捉数码交易及网上购物增长趋势所带来的机遇。集团亦与知名的香港歌手陈凯咏签约,委任她为新信用卡的代言人。AEON信贷财务推出全新首张现金回赠(CashBack)信用卡AEON CARD WAKUWAKUAEON CARD WAKUWAKU是集团今年的星级产品,针对网购爱好者及年轻一代,为他们提供一系列吸引的奖赏及优惠。全新的AEON CARD WAKUWAKU信用卡具备简单的CashBack功能、色彩缤纷的外观和活泼的原创角色吉祥物「密密鹿」,旨在迎合年轻客户的需求,以配合集团将扩大市场范围到新目标群体的计划。集团亦邀请陈凯咏成为AEON CARD WAKUWAKU的代言人,因其年轻活力的形象还有她对网上购物的喜爱,与这张信用卡的定位完全符合,相信必定能引起年青人对这张信用卡的兴趣。为刺激消费及优化顾客体验,AEON CARD WAKUWAKU提供全年本地与海外网上消费及外卖现金回赠。为鼓励客户使用集团的电子系统,凡透过「AEON HK」手机应用程式成功申请AEON CARD WAKUWAKU,可额外获得现金回赠。有关应用程式已完成升级,使信用卡申请功能更快捷方便。另外,AEON信贷财务亦将于2022年5月4日至8月10日推出「Everywhere签账赏」,并与屯门市广场合作于2022年5月5日至7月5日推出「夏日签账日日赏」计划,以捕捉香港推出第二轮消费券计划提振的消费气氛。集团亦致力于令推广的途径和优惠更多元化,以保持竞争力以及在经济复苏期间取得更大优势。除了网上商店和线上支付系统激增外,疫情更进一步推动网上购物和无现金交易的增长趋势,这点在年轻一代当中尤为明显。随着全新信用卡AEON CARD WAKUWAKU的推出,加上陈凯咏签约成为代言人,预计集团将能够把握因消费者行为变化而带来的市场机遇以及在年轻人之间扩大其品牌影响力。展望未来,集团将继续完善其业务模式,以适应和满足在新常态下不断转变的客户需求。关于AEON信贷财务(亚洲)有限公司(股份代号:00900)AEON信贷财务(亚洲)有限公司为AEON Financial Service Co., Ltd.之附属公司(东京证券交易所编号:8570)及AEON集团旗下公司,成立于1987年,并于1995年在香港联合交易所有限公司主板上市。集团主要从事消费融资业务,包括于香港签发信用卡及提供私人贷款融资、信用卡付款处理服务、保险代理及顾问业务,以及于中国内地从事小额融资业务。详情请浏览公司网址:www.aeon.com.hk。新闻垂询纵横财经公关顾问有限公司李惠儿 / 李溢晴 / 朱卓轩电话:(852) 2864 4834 / 2114 4313 / 2114 4955电邮:sprg_acsa@sprg.com.hk Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)

AEON Credit Service Launches AEON CARD WAKUWAKU at the Forefront in Addressing Consumer Spending Habits Amid New Normal

HONG KONG, May 3, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Limited ("AEON Credit Service" or the "Group"; stock code: 00900) launched its brand-new AEON CARD WAKUWAKU on 1 May 2022, marking the introduction of the Group's first CashBack credit card geared towards fans of online shopping, as part of its efforts to expand its customer base and capitalise on the growing trend of digital transactions and online shopping. The Group has also signed popular Hong Kong singer Jace Chan to act as an endorser of the newly launched credit card.AEON Credit Service launches brand-new and first CashBack credit card AEON CARD WAKU WAKUThe AEON CARD WAKUWAKU, debuted as the Group's hero product this year, targets online shopping fans and the younger generation with an array of attractive rewards and offers. Boasting simple CashBack functionality, a colourful physical appearance complemented by a fun and original character mascot "MUK MUK LUK", the brand-new credit card has been designed to gear towards younger customers in alignment with the Group's plans to broaden its market reach to new target groups. The Group has also engaged Jace Chan as an endorser of the AEON CARD WAKUWAKU for her youthful and vibrant image and her love of online shopping, which closely echoes with the credit card's function design and is expected to raise awareness of the product within the younger population. In order to stimulate spending and optimise the customer experience, AEON CARD WAKUWAKU offers a simple cash rebate system for online spending and food delivery both locally and overseas all year round. To encourage customers to get familiar with its digital systems, those who successfully apply for the AEON CARD WAKUWAKU through the "AEON HK" mobile app, which has been upgraded with greater convenience and efficiency in its credit card application function, can enjoy extra cash rebates. In addition, AEON Credit Service will also roll out the "Everywhere Spending Rewards Promotion" offer from 4 May to 10 August 2022, and the "Happy Summer Rewards" programme in collaboration with Tuen Mun Town Plaza from 5 May to 5 July 2022 to further capture the positive consumer sentiment boosted by the second round of the Consumption Voucher Scheme in Hong Kong. The Group has been making greater efforts on diversifying marketing channels and programmes so as to stay competitive and capitalise on the rebound of economic activities.Alongside the surge in e-commerce stores and online payment systems, the pandemic has provided a further boost to the growing trends of online shopping and cashless transactions, in particular within the younger generation. With the launch of the new AEON CARD WAKUWAKU, together with the signing of Jace Chan as an endorser, the Group is expected to be well positioned to capture the market opportunities arising from the changes in consumer behaviour and expand its brand presence among the younger population. Going forward, the Group will continue to refine its business model to adapt and meet evolving customer needs amid the new normal.About AEON Credit Service (Asia) Company Limited (HKEX: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company's website at www.aeon.com.hk.Media InquiriesStrategic Financial Relations LimitedVicky LEE / Brigid LEE / Albert CHUTel: (852) 2864 4834 / 2114 4313 / 2114 4955E-mail: sprg_acsa@sprg.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

SBI Card launches RuPay JCB Credit Cards through partnership with Yatra

TOKYO & MUMBAI, Mar 22, 2022 - (ACN Newswire via SEAPRWire.com) - JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded "RuPay JCB Yatra SBI Card Contactless Credit Card". This holiday-cum-shopping credit card is set to delight travellers and holiday lovers with exclusive travel benefits on booking flights and hotels which would be applicable 6 times a year. As a welcome onboarding gift, users of this card are entitled to Yatra.com vouchers worth INR 8250. They can use this voucher to book flight tickets, hotel reservations and the likes from Yatra.com. The card would provide unmatched travel, holiday and shopping options for Indian travellers. By using the new card, travellers will get 6 reward points per INR 100 spent on departmental stores, grocery, dining, movies, entertainment and international travel.With a complimentary air accident cover of INR 50 lakh, the card also offers 1% fuel surcharge waiver to the customers. There is also an additional feature of an annual fee waiver if the customer spends over INR 1 lakh in a year using this card.Mr. Yoshiki Kaneko, President and COO, JCB International Co., Ltd. said, "We are delighted to be associated with SBI Card, one of the largest credit card issuers in India, and Yatra.com, as they come together to create a path breaking offering in the travel-featured co-brand credit card segment. Together with our esteemed partner, NPCI, I am confident that the card holders will find great value when they use this card during their travel both domestically and internationally, where this card will open the doors for many privileges and offers across our vast international merchant network. Our unique international service, JCB Plaza Lounge, that is a in-city exclusive lounge service in key destination countries is a perfect match with this travel-featured card. We look forward to continuing to work closely with NPCI to make available the best-in-class payment technology allowing our partners to create industry-defining innovative products for their customers."About JCB JCB 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. JCB issues cards across various countries and regions internationally with more than 140 million cardmembers. JCB Cards are accepted at tens of millions of merchants globally through its vast acceptance network. 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/enContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand

TOKYO & BANGKOK, Mar 11, 2022 - (ACN Newswire via SEAPRWire.com) - Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand.Ultimate is the highest status card to accommodate higher income customer and KTC JCB ULTIMATE Credit Card will be the first issued JCB Ultimate card in Thailand. KTC JCB ULTIMATE cardholders will be able to enjoy the JCB Ultimate service additionally to the JCB Platinum service which offers special benefits at restaurants and online merchants. In addition, KTC will provide 2x KTC FOREVER points when spend in foreign currency (other than THB) and card members can enjoy 2 times complimentary access to Royal Silk Lounge when flying international flights or domestic flights within Thailand with Thai Airways or Thai Smile Airways.Mr Rathian Srimongkol, President & Chief Executive Officer "KTC" or Krungthai Card Public Company Limited, said, "KTC was honored by JCB to be the first credit card in Thailand to issue a credit card of the highest status, that is, the 'KTC JCB ULTIMATE Credit Card' to expand the membership base to those who earn 50,000 baht or more, love to travel with a taste of fine dining, and often shop online. KTC truly hopes that the special privileges of the card will be the go-to option for those that love everything Japanese and have fun with living like the "Live life that is 'Ultimately Yours'" slogan.Mr Ryo Morita, Managing Director of JCB International (Thailand) Company Limited said, "We are delighted to announce the first JCB Ultimate card in Thailand with KTC. Our Ultimate service focuses mainly on online merchants to accommodate to the new normal. JCB has analyzed the payment transaction to match the need and we strongly believe that the new issued card will fit to the lifestyles of our customer. We are also preparing for exclusive offers for overseas traveling especially in Japan after the boarder is open."About KTCKTC is a Thailand's leading credit card company founded in 1996, and operates issuing business, acquiring, payment service provider, and personal loan. KTC's strategy focuses on building membership base to sustain company's profits in which credit card and personal loan are core businesses. Besides, the company has offered other related businesses to satisfy its members. As of December 30, 2021, KTC had over 2.5 million credit card accounts. For more information, please visit: https://www.ktc.co.th/enAbout 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 37 million merchants around the world. JCB Cards are now 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/ContactsKTCKandtharat ChermchitphongParadee ThesratanavongPublic Relations Tel: +63-2-828-5049Email: ktc_pr@ktc.co.thJCBAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCB launches the IRCTC BoB RuPay JCB Credit Card

TOKYO & MUMBAI, Mar 3, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd. along with National Payments Corporation of India (NPCI) in association with BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda (BoB) and Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) have joined hands to launch the IRCTC BoB RuPay JCB Credit Card. The new co-branded credit card which was unveiled on 21st February 2022 focuses on offering many special features and benefits to travellers of the Indian railways, the largest rail network in Asia and the world's second largest under one management. Besides offering significant benefits on railway ticket bookings, users of this card will also get multiple benefits for shopping across other categories ranging from groceries to fuel. This card will also be usable across merchants and ATMs globally through the JCB network.Mr. Yoshiki Kaneko, President and COO, JCB International Co., Ltd. said, "We are delighted to partner with BFSL and Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) through our esteemed network partner National Payments Corporation of India (NPCI) to launch this unique credit card product. Not only with the domestic benefits, but this card has many unique international privileges, including the access to the exclusive JCB in-city lounges across many key travel destinations globally. We are confident the cardmembers will have an excellent and rewarding experience of using this card."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. JCB issues cards across various countries and regions internationally with more than 140 million cardmembers. JCB Cards are accepted at tens of millions of merchants globally through its vast acceptance network. 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/enContactsAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

Pakistan’s Silkbank Taps Silverlake Axis to Grow Credit Card Footprint

SINGAPORE, Jan 28, 2022 - (ACN Newswire via SEAPRWire.com) - Singapore mainboard listed Silverlake Axis Ltd. (SGX:5CP) ("SAL" or "the Group"), the ASEAN market leader in core banking software, today, announced an expansion to the partnership with Silkbank Limited ("Silkbank"), a leading commercial and Islamic bank in Pakistan. Through the latest agreement, Silkbank will upgrade its card management suite to use Silverlake Axis's latest platform, Silverlake Symmetri OmniCard V6.OmniCard is an internationally certified card management system that allows banks to run flexible and secure operations including issuing and acquiring of all types of credit, debit and prepaid cards, ATM management, 3D secure e-commerce transaction processing, management of fraud, disputes, and cardholder's loyalty. This latest move further strengthens Silverlake Axis's leadership position within Pakistan's credit card market, where it currently commands over 80 percent market share. It also allows Pakistan's and the region's banks to tap into Silverlake's award winning technologies to grow their card footprint, and in the process, better cater to their customers.Gyorgy Ladics, CEO Silverlake Symmetri, commented: "We are immensely proud of the deep and long-standing partnership we have forged with Silkbank. Moreover, Pakistan continues to establish itself as a fast-growing market with huge potential for building its credit card market and we are very optimistic about its growth. To that extent, the trust Silkbank has placed in us is a true honor, and as we continue this exciting journey together, we are confident that this trust will see strong returns."Nabeel Malik, Executive Director - Strategy Implementation & Ops/Admin/IT/CSQ at Silkbank, commented: "Silverlake has been a trusted partner to Silkbank for 9 years. The in-depth experience, system understanding, and professionalism of Silverlake team has been invaluable to us. As we continue to transform and advance the banking landscape in Pakistan, their partnership and vast expertise will be a key factor in us growing with confidence."With over 30 years of experience and a breadth of expertise across industries, Silverlake Axis creates technologies to empower businesses in the digital economy, transforming industries like banking, insurance, retail, and logistics. Silverlake Symmetri OmniCard is a universal card and payment management system, designed to help both acquiring and issuing institutions to run efficient, secure and profitable operations. With Silverlake Symmetri OmniCard, banks can reduce time to market for new card products while at the same time offer excellent service to drive loyalty across the customer base. The solution also enables them to cross-sell and up-sell, while reducing fraud and risk, and ensuring regulatory compliance."With Silverlake Axis already issuing 80% of cards in the market, Silkbank's partnership to deploy our credit card solutions only solidifies our leadership position in Pakistan. However, it's only one step in our growth plan. We are seeing strong opportunities across the MENA, South and Southeast Asia regions with our Islamic and retail banking partners as well," added Ladics.About Silverlake AxisSilverlake Axis Ltd. ("SAL") is a leading enterprise technology, software and services company focused on financial services and serves 40% of the top 20 largest banks in South East Asia. Founded in 1989, SAL has an impeccable track record of successful delivery of innovative and transformative solutions to its enterprise customers and their ecosystems. The Group has more than 380 enterprise customers in over 80 countries across Asia, Europe, Middle East, Africa and the Americas.Under Axis Systems Holdings Limited, SAL was listed on the SGX-SESDAQ on 12 March 2003. It was renamed Silverlake Axis Ltd in 2006 and the listing was transferred to the Mainboard of the Singapore Exchange on 22 June 2011. For more information about SAL, please visit www.silverlakeaxis.com. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

AEON信贷财务推出多项信用卡优惠 与客户携手抗疫 迎接新春消费旺季

HONG KONG, Jan 18, 2022 - (亚太商讯 via SEAPRWire.com) - AEON信贷财务(亚洲)有限公司(「AEON信贷财务」或「集团」;股份代号:00900)宣布推出多项信用卡优惠,与客户共同应对新一波疫情,同时迎接新春的传统消费旺季。AEON信贷财务向来以客为先,致力为客户提供最合适的优惠,以创造优质的用户体验。有见近日第五波疫情来袭,加上农历新年这个传统消费旺季临近,集团决定推出AEON信用卡本地食肆(堂食及外卖)及网上购物签账优惠,让客户享受高达10倍的积分奖赏*,相当于4%现金回赠。在社交距离措施收紧下,即使安在家中亦能尽情购物及享受美食。另外,AEON信用卡客户于各大AEON Stores签帐,可享有额外积分奖赏。各项优惠详情如下: 本地食肆及网上购物签账高达10倍积分优惠AEON信用卡于2022年1月11日至7月10日期间,推出本地食肆(堂食及外卖)、日本网购及日本海外购物签账优惠,客户透过AEON信用卡消费可享5倍积分,相当于2%现金回赠;每月总签账金额达HK$5,000或以上,更可享10倍积分,相当于4%现金回赠。持有AEON Card Premium的客户则可直接享10倍积分奖赏。AEON Stores购物签账高达3倍积分优惠客户透过AEON信用卡于各大AEON Stores签帐,可享2倍积分优惠;AEON Card Premium客户,更可享3倍积分优惠。于推广期内每月10号,更享额外10倍积分优惠。由1月14日至2月20日,用AEON 信用卡购买一系列贺岁用品及家居电器自选组合,更可获得高达HK$300购物礼券。集团本次推出的信用卡优惠适时配合客户抗疫期间的生活所需,并让他们可在新春佳节尽享购物及餐饮乐趣,有效刺激消费。 AEON信贷财务将继续贯彻灵活的推广策略,快速应对市场变化,配合客户生活及消费模式的转变,同时不断优化用户体验,以捕捉市场机遇,推动更强劲的业务增长。*10倍的积分奖赏适用于每张合资格信用卡之每期月结单首HK$5,000指定类别消费交易优惠均受相关条款及细则约束,详情请浏览公司网址:www.aeon.com.hk。关于AEON信贷财务(亚洲)有限公司(股份代号:00900)AEON信贷财务(亚洲)有限公司为AEON Financial Service Co., Ltd.之附属公司(东京证券交易所编号:8570)及AEON集团旗下公司,成立于1987年,并于1995年在香港联合交易所有限公司主板上市。集团主要从事消费融资业务,包括于香港签发信用卡及提供私人贷款融资、付款处理服务、保险代理及经纪业务,以及于中国内地从事小额融资业务。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)

AEON Credit Service Launches Various Credit Card Offers Joins Hands with Customers to Fight Pandemic and Welcome Chinese New Year Peak Shopping Season

HONG KONG, Jan 18, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Limited ("AEON Credit Service" or the "Group"; stock code: 00900) has launched a number of credit card offers to help customers cope with the new wave of the pandemic as well as welcome the traditional Chinese New Year shopping season.AEON Credit Service has always put customers first and is committed to providing the most suitable offers to ensure a superior user experience. In light of the outbreak of the fifth wave of the pandemic and the approach of the Chinese New Year shopping season, the Group has decided to launch special offers for local food & beverage and overseas purchases in Japan both online and offline made with AEON credit cards, allowing customers to enjoy up to 10X bonus points*, equivalent to 4% cash rebate, for shopping and eating comfortably at home with peace of mind amid the tightening of social distancing measures. In addition, AEON credit card customers can earn extra bonus points when making purchases at AEON Stores. Details of these offers are listed below:Up to 10X Bonus Points for Local Dining and Online ShoppingFrom 11 January to 10 July 2022, AEON credit card customers can earn 5X bonus points, equivalent to 2% cash rebate for local food & beverage (applicable to both dine-ins and takeaways), and overseas purchases in Japan both online and offline Upon reaching the total monthly spending of HK$5,000, the above-designated categories' transactions can earn 10X bonus points, equivalent to 4% cash rebate; while AEON Card Premium customers can enjoy 10X bonus points on the above-designated categories.Up to 3X Bonus Points for AEON Store PurchasesCustomers can enjoy 2X bonus points when making purchases at AEON Stores with AEON Credit Card and 3X bonus points with AEON Card Premium. On the 10th day of each month during the promotional period, additional 10X bonus points can be earned. From 14 January to 20 February 2022, up to HK$300 cash coupon will be rewarded upon purchase of any combination set from a designated series of household items and electrical appliances. The Group has launched these credit card offers to meet the daily needs of customers while fighting the pandemic, allowing them to enjoy shopping and dining during the Chinese New Year and effectively stimulating consumption. AEON Credit Service will continue to implement flexible promotional strategies to respond quickly to market changes and adapt to changes in customers' lifestyles and consumption patterns. It will also continue to optimise user experience to capture market opportunities and drive stronger business growth.*AEON Credit Card 10X Bonus Points Rewards offer is applicable to the first HK$5,000 of each monthly statement of each eligible credit card for designated categories of purchase transactions. Terms and conditions apply. For details, visit the company website: www.aeon.com.hk.About AEON Credit Service (Asia) Company Limited (HKEX: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company's website at www.aeon.com.hk. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

AEON Credit Announces Net Profit For the First Nine Months of FY2021/22 Up by 5.6% to HK$243.3 Million Through Successful Promotion Programs and Healthy Credit Portfolio

HONG KONG, Dec 23, 2021 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; HKEX: 00900) announced today its unaudited results for the nine months ended 30 November 2021 ("nine months of FY2021/22"). Despite the unprecedented headwinds from the pandemic, the launch of various promotion programs to capture recovering credit card spending, resulted in sales for the nine months of FY2021/22 increasing by 21.0% year-on-year. However, this surge in credit card sales had yet to start pushing revolving credit card balances and personal loan receivables back up to pre-pandemic level. As a result, revenue was down 8.3% year-on-year to HK$770.3 million. Nonetheless, due to continuous efforts to refine its credit assessment process, the Group has built a healthy credit portfolio. With the economic situation and the unemployment rate continuing to improve, along with the Group's debt management efforts to reduce overdue advances and receivables proving effective, impairment losses and impairment allowances significantly dropped 63.4% year-on-year to HK$65.0 million. Consequently, the Group's profit after tax rose to HK$243.3 million, representing an increase of 5.6%. Earnings per share increased from 55.01 HK cents to 58.09 HK cents.In confronting the continuous challenges of the pandemic and to remain competitive amid rapidly shifting consumer spending behavior, the Group launched various promotion programs to capture opportunities arising from the recovery in credit card spending. Following the overwhelming success of the Ocean Park promotion, the Group launched another promotion offering 10-times bonus points for local dining and online spending over the three months ending 30 November 2021 (the "third quarter"). Moreover, a tailored tax loan rebate program was launched with the aim of expanding the personal loan customer base.In the third quarter, the Group launched the acquiring service for AEON Stores (Hong Kong) Company Limited ("AEON Stores"), which involves processing non-AEON credit card purchases inside AEON Stores. The Group also enhanced the functions of the AEON HK Mobile App, which now includes direct debit authorization and permits changing of personal identification numbers. The Group will continue to develop additional new functions for the App to enhance the customer experience, as well as develop new cards and a new loan system.Looking ahead, the unemployment rate in Hong Kong is expected to remain stable, providing potential opportunities for the Group to continue to expand its business in the fourth quarter.In order to further diversify its customer segments, the Group will continue to invest in the launch of new products and the opening of new branches during the fourth quarter. The Group will also continue to create new promotion programs, such as Winter Spending Rewards, in the fourth quarter to capture the improving consumer credit demand in a bid to increase its receivable balances.In regard to the Mainland China business, the Group will focus on developing new products and services for its microfinance subsidiary in Shenzhen and transforming its structure so as to capture future business opportunities within the Greater Bay Area.Mr. Tomoharu Fukayama, Managing Director of AEON Credit, said, "We are encouraged by the well-received promotion programs, which have allowed us to gain a better understanding of customer needs and behaviour. With clearer insight, a healthy credit portfolio and solid business plans, we are poised to seize the recovering consumer credit demand and deliver long-term value to our shareholders."About AEON Credit Service (Asia) Company Limited (HKEX: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company's website at www.aeon.com.hk. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

AEON Credit Service Launches Series of Targeted Credit Card Offers to Extend Consumption Voucher Impact, Adding to Excitement of Traditional Consumption Peak Season

HONG KONG, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit Service" or the "Group"; stock code: 00900) has announced the launch of a series of AEON credit card offers aimed to extend the impact of the government consumption voucher, for greater enjoyment of the traditional consumption peak season between Christmas and Chinese New Year.Always putting customers first, AEON Credit Service constantly provides customers with the most suitable offers so as to create the best experience for them. The recent well-received AEON x Ocean Park General Admission Promotion has allowed the Group to better understand customer needs and behaviour. In view of the positive consumer sentiment boosted by the Consumption Voucher Scheme in Hong Kong and the approaching traditional consumer spending peak season during Christmas and Chinese New Year, the Group has seized the strong momentum embarking on the following targeted credit card promotion offers to capture business opportunities:1) Online Spending and Local Dining 10X Rewards PromotionAs demand for online shopping and catering services increases, AEON credit card hopes to stimulate greater related consumption. Customers can earn 10X points, equivalent to a 4% spending rebate, for credit card online shopping transactions and restaurant dining in Hong Kong on Fridays, Saturdays and Sundays during the period between 1 and 30 November 2021. Cardholders of AEON CARD JAL can enjoy HK$2=1 JAL Miles redemption through these two spending offers, and earn JAL Miles expressly in preparation for the opening of international travel in the future.2) AEON Credit Card "Earn Multiple Rewards for More Spending Each Month"As the peak shopping season from Christmas to Chinese New Year is just around the corner, AEON Credit Service is going to launch a special rebate. AEON customers can now get a cash rebate of up to HK$1,200 for spending with their AEON Credit Cards during the promotional period.Spending Stage / Cumulative Monthly Spending / Cash RebateStage 1: 15/11/2021 - 14/12/2021 / HK$5,000 or more / HK$150Stage 2: 15/12/2021 - 14/1/2022 / HK$5,000 or more / HK$150Stage 3: 15/1/2022 - 14/2/2022 / HK$5,000 or more / HK$150Additional Rewards:Customers who meet the above monthly spending requirements for the three consecutive stages and with accumulated spending of HK$45,000 are entitled to an extra HK$750 cash rebate.Note: The above credit card offers are subject to relevant terms and conditions. For details, please visit the company website: www.aeon.com.hk About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company's website at www.aeon.com.hk.Media EnquiriesStrategic Financial Relations LimitedFanny YUEN / Brigid LEE Tel: (852) 2864 4853 / 2114 4313 E-mail: sprg_acsa@sprg.com.hk Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)