JCB International (JCBI), a subsidiary of Japan-based card company JCB, has signed a license agreement with Truevo Payments for on-line and face-to-face acceptance of JCB cards.
The agreement, for JCB Card POS acquiring on the Truevo’s network of on-line and face-to-face POS terminals, is expected to go live in early 2018.
JCB believes that the collaboration will enable the company to expand the card acceptance, enhance brand awareness in market and offer convenient payment experience its cardholders.
With the partnership, Truevo will also be able to expand its network, allowing retailers to attract JCB’s 106 million card-member base to its business.
JCB International (Europe) managing director Tsuyoshi Notani said: “We are very glad to sign this license agreement with Truevo, as it’s a great chance to provide JCB card-members with greater freedom to spend in more e-commerce and physical retailers.
“Taking into account the huge growth of e-commerce shopping and international travel, we are always looking for new partners with payment solutions that can offer a wider variety of connections with merchants, so it’s a pleasure for us to provide European merchants with the chance to engage with JCB card-members.
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“JCB steadily believes this partnership will contribute to the growth and the development of its business, strongly enhancing JCB Card acceptance and visibility.”