JCB International (JCBI), the international operations subsidiary of Japan Credit Bureau (JCB), has partnered with Vietnam-based Asia Commercial Bank (ACB) to issue JCB debit card in Vietnam.
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As part of the agreement, both the companies have rolled out the ACB- JCB Credit and Debit Card to diversify the products to meet demands of customers in Vietnam.
With the partnership, the ACB-JCB cardholders will be able to access the JCB acceptance network with about 28 million merchants and over a million ATMs in 190 countries and territories.
In addition, the cardholders can also leverage the benefits offered by ACB including 15-minute debit card issuance, free insurance services for ATM assault, and special privileges at selected merchants and customer service at JCB Plaza as well as overseas service counter available at 61 locations globally.
The alliance will also provide card members of ACB-JCB Credit Card and ACB-JCB Debit Card a free annual fee for the first year and also cash back of up to 100% for the first payment transactions by ACB-JCB card.
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By GlobalDataJCBI president and COO Koremitsu Sannomiya said: "We entered Vietnam in 1991 to increase JCB card acceptance especially at shops and restaurants for Japanese tourists. I am very pleased to cooperate with ACB who has a solid position and am certain that this partnership will help both entities grow our business in the market."
