Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 1 November 2018, 16:00 HKT/SGT
Share:
    

Source: JCB
JCB and WEX Partner to Issue Virtual Cards in Japan

TOKYO, Nov 1, 2018 - (ACN Newswire) - JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., today announced a new partnership with WEX Inc. (NYSE:WEX), an industry-leading global provider of corporate payments solutions, to enable WEX virtual payments technology in Japan. The agreement makes WEX the first B to B issuer of JCB's virtual cards and enables new functionality on the JCB network. The program will launch in the second half of 2019.

"The JCB collaboration represents WEX's commitment to expanding our presence in the Asia market, and entering Japan is an exciting step for us," said Jay Dearborn, president of WEX Corporate Payments. "It is a continuation of WEX's long-term strategy and goal to be the only technology partner in virtual payments that offers multiple payment schemes to businesses."

"We're thrilled to be working with WEX in Japan," said Ray Shinzawa, President and COO at JCB International Credit Card Co., Ltd. (JCB USA). "The innovative technology of the WEX platform plus JCB's merchant acceptance reach in Japan and throughout Asia make this an ideal partnership."

About WEX Inc.

Powered by the belief that complex payment systems can be made simple, WEX Inc. (NYSE:WEX) is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 3,300 associates around the world. WEX fleet cards offer 11.5 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to $30.3 billion in 2017; and the WEX Health financial technology platform helps 300,000 employers and more than 25 million consumers better manage healthcare expenses. For more information, visit www.wexinc.com.

About JCB

JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. 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 card member base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. Currently, JCB cards are accepted globally and issued in 24 countries and territories. For more information, please visit: https://www.global.jcb/en/ or https://www.jcbusa.com/
Note: Statistics about JCB are as of June 2018.

Contacts
JCB Co., Ltd.
Kumiko Kida
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@info.jcb.co.jp


Nov 1, 2018 16:00 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



JCB
Nov 22, 2018 17:00 HKT/SGT
Bank of Georgia is the first JCB card acquiring bank in Georgia
Nov 12, 2018 12:30 HKT/SGT
CIMB Niaga launched the CIMB Niaga JCB Precious Card
Oct 22, 2018 16:00 HKT/SGT
iCard and myPOS enable JCB Contactless acceptance in Europe
Oct 19, 2018 16:00 HKT/SGT
card complete Service Bank AG and JCBI enable contactless acceptance in Europe
Oct 16, 2018 15:00 HKT/SGT
Nam A Commercial Joint Stock Bank to Launch Nam A Bank - JCB Credit Card in Vietnam
Oct 2, 2018 10:00 HKT/SGT
JCB and Nowcast to Release Updated Big Data Consumption Index JCB Consumption NOW: Now visualizes more detailed consumption trends in Japan
Sept 27, 2018 14:00 HKT/SGT
Sberbank starts accepting JCB Cards
Aug 27, 2018 16:00 HKT/SGT
Orient Commercial Joint Stock Bank to Launch OCB-JCB Credit and Debit Card in Vietnam
Aug 20, 2018 13:00 HKT/SGT
Kienlong Commercial Joint Stock Bank to Launch Kienlongbank - JCB Credit Card in Vietnam
July 27, 2018 15:00 HKT/SGT
ACBA-Credit Agricole Bank to start accepting International Payment System JCB Cards across the Republic of Armenia
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: