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)
TOKYO & HONG KONG, Nov 2, 2021 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., an international operations subsidiary of JCB Co., Ltd., has launched JCB Contactless payment service in the e-payment system of Long Win Bus Co. Ltd. ("LWB"), in partnership with Bank of China (Hong Kong) Limited ("BOCHK"). The new service is applicable to the whole LWB fleet. The Contactless payment service is now ready on about 1,300 buses and 100 bus routes in total, including the e-payment systems installed earlier in September 2021 on the buses of The Kowloon Motor Bus Co. (1933) Ltd. ("KMB").JCB logo is shown on the contactless payment reader to emphasize JCB Contactless payment in service.The service adopts NFC technology and EMV(R) (*1) chip technology, ensuring payment security. JCB Contactless Card users can now pay on 100 designated KMB and LWB bus routes which involve around 1,000 KMB buses and 300 LWB buses, by using a physical card, e-wallet (*2) on mobile devices or smartwatches."We value customer payment experience," said Tomoya Ichino, Managing Director of JCB International (Asia) Limited, who is responsible for business in Hong Kong & Macao. "Following the launch of JCB Contactless payment on KMB and LWB buses, our cardmembers can just put their JCB Card or an e-wallet device to pay bus fares in no time. We thank BOCHK for their competence and ongoing partnership.""KMB and LWB's diversified e-payment systems accept contactless credit cards, mobile payment devices and QR code scanning to bring more choices to passengers. We welcome JCB to join our cashless community to expand bus fare e-payment methods further," said Emily Cheung, Assistant Commercial Director (Acting) of KMB.Colet Ng, Deputy General Manager of BOC Credit Card (International) Limited, said, "Since 2020, BOCHK has been providing e-payment collection support for the whole LWB fleet and designated KMB routes via the BoC Bill Integrated Billing Service. We are pleased to further cooperate with JCB to add JCB Contactless payment service to LWB's e-payment system, supporting passengers with an additional payment option. The total number of transactions recorded via BoC Bill on designated KMB routes increased by nearly 50% in the second quarter compared to the first quarter this year, representing passengers' growing demand for e-payment service. Looking ahead, BOCHK will continue to promote digital transformation and bolster fintech adoption to promote low-carbon living in the city."JCB Contactless payment provides an enhanced and more convenient purchasing experience for both inbound travelers and for residents of Hong Kong and at the same time is simple for merchants to accept.For details, please refer to the information (with Appendix) from KMB / LWB via links below.https://www.kmb.hk/en/news/press/archives/news202108063887.htmlhttp://www.lwb.hk/en/epayment.html (*1) 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.(*2) e-wallet service is available at selected participating banks and card issuers.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. 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/About KMBThe Kowloon Motor Bus Co. (1933) Ltd. is the largest franchised bus service operator in Hong Kong. A workforce of more than 12,700 employees, including some 9,000 bus captains, ensures that customers enjoy safe, reliable, innovative, eco-friendly and value-for-money services on a fleet of around 4,000 buses operating on over 400 routes.About LWBLong Win Bus Company Limited operates franchised public bus services to and from the New Territories, Hong Kong International Airport and North Lantau in Hong Kong. Over 85% of buses of its green fleet are Euro V or above buses, minimising the greenhouse gas emissions. LWB has introduced the e-payment systems on its full fleet, bringing a brand new travelling experience to passengers.About Bank of China (Hong Kong) LimitedBank of China (Hong Kong) Limited ("BOCHK") is a leading commercial banking group in Hong Kong with strong market positions in all major businesses. We have the most extensive local branch network and diverse service platforms in Hong Kong, including more than 190 branches, 280 automated banking centres, over 1,100 self-service machines, as well as efficient e-channels such as Internet and Mobile Banking services. We offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers. We are actively pushing forward our regional development and expanding our business in the Southeast Asian region. With our branches and subsidiaries in Thailand, Malaysia, Vietnam, the Philippines, Indonesia, Cambodia, Laos, Brunei and Myanmar, we support customers in the region with professional and high-quality financial services. BOCHK is one of the three note-issuing banks and the sole clearing bank for Renminbi ("RMB") business in Hong Kong. Our strong RMB franchise has made us the first choice for customers in RMB business. Through close cooperation with our parent bank Bank of China, we provide a full range of high-quality cross-border services to multinationals, cross-border customers, mainland enterprises going global, central banks and super-sovereign organisations. BOC Hong Kong (Holdings) Limited, BOCHK's holding company, is one of the largest listed companies on the Main Board of the Stock Exchange of Hong Kong, with stock code "2388" and ADR OTC Symbol "BHKLY".ContactsJCB Co., Ltd.Corporate CommunicationsAyaka NakajimaTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpThe Kowloon Motor Bus Co. (1933) Ltd./ Long Win Bus Co. Ltd.ContactTel: +852-5596-1969Email: ccd@kmb.hkBank of China (Hong Kong) Limited Corporate CommunicationsAngie ChoiTel: +852-2903-6689Email: corp_comm@bochk.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
JAKARTA & TOKYO, Sep 3, 2021 - (JCN Newswire via SEAPRWire.com) - PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as subsidiaries of JCB International Co Ltd., launched the CIMB Niaga JCB Contactless Credit Card in Jakarta, Friday, 3 September 2021. This credit card with contactless technology was developed in line with the rapid growth of credit card technology and the COVID-19 pandemic situation. The Contactless Credit Card can make it easier for customers to transact as well as become an alternative faster payment solution. Supported by dual liaison capabilities, this credit card can still be used for transactions using the dipping method.CIMB Niaga Consumer Banking Director, Lani Darmawan, said, "CIMB Niaga continues to develop innovative products and services by adopting the latest technology. One of them is through the CIMB Niaga JCB Contactless Credit Card. With this card, customers can transact at various merchants without touching other objects. We hope that this initiative can improve customer experience in the midst of the current situation."Meanwhile, President Director of PT JCB International Indonesia, Takumi Takahashi, said, "We are delighted that CIMB Niaga is the first bank in Indonesia to implement JCB Contactless through the launch of the CIMB Niaga JCB Contactless Credit Card. This contactless payment is safe and convenient for customers. We believe this new product will contribute to accelerating digitization in the payment industry in Indonesia."The issuance of the CIMB Niaga JCB Contactless Credit Card is an initiative of CIMB Niaga and JCB to provide an easier, faster and simpler transaction experience. With the contactless method, according to Bank Indonesia regulations, customers do not need to enter a PIN for nominal transactions under Rp. 1 million, while transactions above Rp. 1 million require a PIN. As for the transaction process, customers just need to tap-and-go. This is faster than inserting a card into an Electronic Data Capture (EDC) machine or paying with cash.In addition, Contactless Credit cards also have the same level of security as dipping cards. Every contactless transaction on the card reader or EDC machine will be processed by the Bank and JCB card processing network through an authorization that is as secure as transactions through the dipping method.CIMB Niaga JCB Contactless Credit Card customers can use the JCB Contactless feature at more than 100 thousand merchants in Indonesia. In addition, over the past three years, the number of JCB Contactless partners globally has also continued to grow.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 36 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/ContactsJCBAyaka NakajimaCorporate CommunicationsJCB Co., Ltd.Tel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpCIMB NiagaDeddy T. HasibuanMedia Relations and Reputation Group Head PT Bank CIMB Niaga TbkTel: +6221 2700555 Website: www.cimbniaga.com Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
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)
TOKYO, Mar 12, 2021 - (ACN Newswire via SEAPRWire.com) - JCB Co., Ltd., a leading global payment scheme, announced that it has signed a strategic agreement with the White Label Alliance (WLA) to provide JCB Contactless Kernel Specifications to WLA members wishing to migrate to the contactless solution.WLA was founded by IDEMIA, G+D and NXP(R) Semiconductors in response to increasing global demand for the next-generation independent payment solution for domestic and private-label payment schemes. By providing WLA members with an open and comprehensive payment standard covering contact and contactless payment cards, mobile and payment terminal devices, WLA facilitates their migration to new technology.JCB, agreeing on participating in this initiative with its proven technology, signed an agreement with WLA, allowing WLA members to use JCB Contactless Kernel Specifications and kernels.JCB Contactless, JCB brand's contactless payment solution that is expanding globally, is fully compliant with EMV(R) standards and supported by most acceptance devices including those of major global terminal suppliers. The arrangement between JCB and WLA thus enables WLA members to further accelerate their contactless migration and shorten time-to-market, by using the existing ready-to-deploy JCB Contactless terminal devices."As momentum toward contactless payments is gathering on a global scale, it is becoming critical that the interoperable contactless capability is more accessible so that a wider audience can benefit from the enhanced convenience and security," said Masaki Yokawa, Executive Vice President, Brand Business at JCB Co., Ltd. "By offering our technology to WLA, we are delighted to work with banks, local networks and vendors to enable contactless implementation with less efforts and shorter time-to-market.""I would like to warmly welcome JCB to WLA on behalf of our founding members, G+D, IDEMIA and NXP." WLA President, Jacques Doucerain said, "We all work together to create a truly independent solution, based on tried and tested technology, with rapid time to market for domestic payment networks, transport operators, private schemes and retailers. Our agreement with JCB will boost our appeal and this unprecedented payment industry initiative. It furthers our original goal to bring about a global independent standard."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.About WLAHeadquartered in Munich, the White Label Alliance (WLA) is a member-driven organization committed to extensive adoption of independent payment solutions for smart card and digital firms based on WLA payment standards that enable ready-to-deploy and interoperable payment solutions. Find out more at wla-payment.org.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 35 million merchants around the world. JCB Cards are now issued in over 20 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/ContactKumiko Kida, Ayaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
PARIS & TOKYO, Feb 9, 2021 - (ACN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Worldline, a European leader in the payments and transactional services industry, announce the expansion of their partnership. This established relationship has pivoted to support both the exchange of global ecommerce and the growth of JCB Contactless enablement across Europe.Previously, the two brands coordinated to support digital shopping outside of Europe and worked to enable JCB Contactless in regions such as Switzerland, Austria, Belgium, Luxembourg, Slovenia, Belgium, and Poland. Now, their collaboration will make room for more of Worldline's merchants to accept face-to-face contactless payments in other European markets from Q2 2021, especially in Nordic regions. Additionally, Worldline merchants around the globe can now welcome online JCB cardmember transactions. JCB's security payment authentication programmes - J/Secure(TM) 1.0 and J/Secure(TM) 2.0 - will be implemented for online commerce.Worldline and JCB's partnership cements the promise of both companies to provide a simple, enhanced payment experience. Based on the commitment of Worldline, merchants will gain the advantage of 24/7 authorisation of ecommerce, manual and contactless transactions, centralised billing for debit and credit cards and a quick, safeguarded billing process. The JCB Contactless payment solution is compliant with NFC and EMV(R) Contactless Communication Protocols. The number of merchants accepting JCB Contactless is steadily expanding internationally.Roger Niederer, Chief Market Officer Merchant Services of Worldline commented, "Worldline's ambition is to be the partner of choice for merchants. We stand by our customers' side and support their business growth with consumer-friendly and efficient services for their specific needs. Contactless payments and ecommerce are a manifest consumer trend, and I am happy that Worldline is now expanding its global partnership with JCB to apply our advanced payments technology in both face-to-face and ecommerce transactions."Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd. said, "We are delighted that our positive relationship with Worldline has afforded us the opportunity to expand in not only one but two areas where our cardmembers are showing a spend preference - in contactless payment for face-to-face sales and through secure, easy-to-use ecommerce platforms. This is an exciting step for our 140+ million cardmembers and Worldline's extensive merchant community. It is our sincere hope that this collaboration will support recovery and growth across every region, especially in light of the challenges the pandemic presented."*In some countries, SIX Payment Services and Bambora, who both became part of Worldline at the end of 2018/2020 respectively, are operating under those brands.*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.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 35 million merchants in the world. JCB cards are now issued in more than 20 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 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: www.global.jcb/en/About WorldlineWorldline [Euronext: WLN] is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2019 Worldline generated a proforma revenue of 5.3 billion euros. worldline.com. SIX Payment Services has been part of Worldline since the end of 2018. Bambora has been part of Worldline since the end of 2020.JCB Press Office:JCB International/EuropeContact: India StoneEmail: istone@jcbeurope.euPhone: +44 020 7087 4754JCB (Head Office in Japan)Contact: Kumiko Kida, Ayaka NakajimaEmail: jcb-pr@jcb.co.jp Phone: +81 3 5778 8353Worldline Press Office:Contact: Susanne Stoeger, Head of Communications Merchant Services, WorldlineEmail: susanne.stoeger@worldline.com Phone: +43 171701 6524 Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
Mumbai & Tokyo, Dec 1, 2020 - (ACN Newswire) - State Bank of India (SBI), National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCB) have announced the launch of 'SBI RuPay JCB Platinum Contactless Debit Card'. This Card has been launched on the RuPay network by SBI in association with JCB. The SBI RuPay JCB Platinum Contactless Debit Card comes with a unique dual interface feature which will enable customers to perform both Contact & Contactless transactions in the domestic market and seamless contact transactions overseas. With this card, consumers would be able to transact on ATMs & POS terminals across the globe under JCB network. They can also shop online from JCB partnered international e-Commerce merchants using this card.The 'SBI RuPay JCB Platinum Contactless Debit Card' supports RuPay offline wallet based transactions, enabling an additional payment mode within the Card. Consumers will be able to load the offline wallet and utilize it in transit in India (bus and metro) and retail (merchant) payments. This innovative proposition will offer customers uninterrupted shopping experience with an extra layer of convenience. Customers can also enjoy attractive discounts and offers while shopping at top brands, both within India as well as in international markets by using this Card. Additionally, customers will have access to JCB PLAZA Lounge (in-city exclusive lounges for JCB cardmembers) in prominent travel destinations such as Bangkok (Thailand), Orchard Road (Singapore) and Paris (France) which is a one-of-a-kind feature provided by JCB.Ms. Praveena Rai, COO, National Payments Corporation of India (NPCI) said, "We believe our collaboration with SBI and JCB will provide the cardholders compelling benefits and an unparalleled value proposition both in Indian and international markets. SBI RuPay JCB Platinum Contactless Debit Card holders can now use their cards at millions of locations in the world. It is also great to witness RuPay strengthening its foothold in international markets through our networks. We at NPCI constantly strive to offer an evolved and personalised shopping experience to the customers, and augment the existing segment of RuPay card holders."Ms. Vidya Krishnan, Chief General Manager, State Bank of India said, "We are pleased to launch the 'SBI RuPay JCB Platinum Contactless Debit Card' through our strategic partnership with NPCI for RuPay and JCB. We believe the tap and pay technology on the Card will simplify the everyday purchases of customers with secure and fast contactless payments. With several attractive benefits and offers associated with this contactless Debit Card, we are hopeful that this Card would not only provide a rewarding shopping experience to the cardholders but also make their international travels worthwhile. At SBI, our consistent endeavour is to offer a differentiated and customised experience to our diverse set of customers in terms of their regular spends and transactions."Mr. Yoshiki Kaneko, President and COO of JCB International Co., Ltd. said: "We are extremely happy and honoured to have the largest bank in India, State Bank of India, as a RuPay JCB Global Debit Card issuing partner. Together with our esteemed network partner, NPCI, we will bring best in class technology, access to the vast JCB global merchant network, and special offers and privileges to SBI customers. As more and more Indian customers adopt digital modes of payment to transact both domestically and internationally, we are sure this product proposition will be enjoyed and appreciated by the cardmembers."About State Bank of IndiaState Bank of India (SBI) is India's largest commercial bank in terms of assets, deposits, branches, customers, and employees. It is also the largest mortgage lender in the country. As on June 30, 2020, the Bank has a deposit base of over Rs. 34 lakh crore with CASA ratio of more than 45% and advances of nearly Rs. 24 lakh crore. SBI commands nearly 34% market share in home loans and nearly 33% in the auto loans segment. The Bank has the largest network of over 22,100 Branches in India with an ATM/CDM network of over 58,500 and total BC outlets of more than 62,200. The number of customers using Internet Banking facilities is about 76 million and Mobile Banking services stand a little more than 17 million. The integrated digital and lifestyle platform by SBI - YONO has crossed the landmark of 58 million downloads. YONO which has 26 million registered users, witnesses 5.5 million logins per day along with over 4000 daily disbursals of personal loans, 16,000 YONO Krishi Agri Gold Loans. The Bank recently launched the YONO Global app in the UK and Mauritius and plans to cover 9 more countries by the end of 2020. On social media platforms, SBI has the highest number of followers on Facebook and Twitter amongst all banks worldwide. For more information, visit: https://bank.sbiState Bank of India is the market leader in Debit Cards segment with a history of offering advanced and tailor-made products to its customers through various Channels. The Bank's latest offering in the form of SBI RuPay JCB Debit Card will also allow customers to pay for transit apart from retail payments - adding an extra layer of convenience for them. This card has all the potential of being the most preferred cards for customers.The SBI RuPay JCB Contactless Debit Card is designed to enable banks to reduce their customers' effort of cash handling and provide them with the convenience of single tap payment. RuPay Contactless specifications are open standards, interoperable and scalable and can be adopted by all Card schemes. RuPay Contactless specifications have been developed to offer a vendor-agnostic, interoperable, secured and cost-effective ecosystem of low value payments to facilitate the government in building a less-cash economy. The SBI RuPay JCB Platinum Contactless Debit Card has all the elements to offer customers with ultimate choice of customising their payment decisions based on their comfort and needs, thereby creating for them, an ultimate transformative yet gratifying shopping experience. About 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 also launched UPI 2.0 to offer a more secure and comprehensive services to consumers and merchants. NPCI is focused on bringing innovations in the retail payment systems through 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/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. Backed by its vast global acceptance network, JCB cards are now issued in 24 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 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 https://www.global.jcb/en/index.html All information is current as of 4th November 2020Corporate contacts:NPCI Swagata Gupta 98200 88951swagata.gupta@npci.org.inSBIRitesh Mehta 9930125097 Ritesh.mehta@sbi.co.inJCBKumiko Kida, Ayaka Nakajima+81-3-5778-8353jcb-pr@jcb.co.jp Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com







