JCB International, a subsidiary of JCB, and Adyen, a payments firm, have signed an extension of the existing SEPA agreement.
The agreement will allow JCB merchant acquiring for e-commerce, and for POS in Singapore and Hong Kong. Additionally, for e-commerce, it will also be able to process all currencies and settle in the major currencies like SGD, USD, JPY, HKD, EUR and GBP.
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“This global partnership further advances Adyen’s strategy of providing its merchants a direct and seamless connection via any device to the major card payment schemes around the world, bringing a greater range of options for its clients and JCB’s cardmembers globally,” JCB said in a statement.
JCB International, Europe managing director Tsuyoshi Notani said: “We are extremely pleased to provide Adyen the additional functionality to enable our card members access to the key merchants across the world.
“Our continued partnership with a truly global partner is going from strength to strength, we are constantly aiming to grow both our cross border and local e-commerce including In-App mobile payment footprint generated by Asian consumers and this is a fantastic opportunity to give JCB card members greater freedom to spend in more retailers at omnichannel interfaces than ever before.”
Commenting on the move, Adyen Asia-Pacific president Warren Hayashi added: “Adyen is proud to partner with JCB International to allow JCB card members to enjoy a frictionless payments experience across borders.
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By GlobalData“Adyen firmly believes that by meeting the distinctive payment preferences of consumers, brands would be able to create a personalized brand experience and instill brand loyalty.”
