Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 6 June 2019, 16:00 HKT/SGT
Share:
    

Source: JCB
JCB now accepted by Moorwand e-commerce and POS merchants

LONDON, June 6, 2019 - (ACN Newswire) - JCB International, Co., Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd., and Moorwand Limited, the international payments company offering issuing and acquiring solutions, have signed a joint licencing agreement to enable JCB acceptance for Moorwand e-commerce clients in the SEPA region.

System integration for the first phase will begin during Q4 of 2019, with go-live expected during Q1 2020. The final phase of the project will allow for JCB acceptance by face to face POS merchants using the Moorwand platform. Moorwand offers end-to-end payment solutions to merchants and customers in the EEA and is on a mission to develop transparent engagements with industry players to address the complexities around bank identification number (BIN) access and associated payment services.

This partnership supports JCB Europe's strategy to engage with European payment service providers (PSPs), expanding its acceptance footprint and opening up opportunities for European merchants with its 130 million cardmembers.

Mr. Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd., said, "This partnership with Moorwand, a disrupter of the PSP community, serves to not only benefit JCB's ambition to grow merchant acceptance in Europe, but also further JCB acceptance in the growing Asian e-commerce market. With Japan as the fourth largest B2C global market for e-commerce, the acceptance of JCB cards by Moorwand e-commerce clients supports our goal to provide a unique and seamless shopping experience to our cardmembers, who require access to electronic payment systems when travelling the globe."

Robert Courtneidge, CEO, Moorwand said, "Moorwand's goal is cut the red tape around the increasingly complex world of payments legislation and bring programmes to market quickly and efficiently, whilst understanding the need to be flexible and innovate. Partnering with JCB ensures we're providing these opportunities to not only a growing Asian market, but also at home in Europe."

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. For more information, please visit: www.global.jcb/en/ or www.jcbeurope.eu/

About Moorwand

Moorwand Ltd. is an international business that provides payment services to merchants and customers in the EEA. They are licensed by the Financial Conduct Authority of the United Kingdom (license #500709) as a regulated Electronic Money Institution to issue electronic money (e-money) and provide payment services throughout EEA. They are principal members of Mastercard, Visa and UnionPay as an Issuer of payment cards and an Acquirer of payment transactions. https://www.moorwand.com/

Contact
JCB International/Europe
Ashleigh Carter
Email: [email protected]
Phone: +44 020 7087 4754

Kumiko Kida
JCB Co., Ltd.
Corporate Communications
Tel: +81-3-5778-8353
Email: [email protected]


June 6, 2019 16:00 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Retail/eCommerce, FinTech/Chains
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Leyou Technologies Announces 2019 Interim Results  
Aug 23, 2019 20:19 HKT/SGT
Thailand's Department of Intellectual Property, Ministry of Commerce, AVIA and TrueVisions host Anti-Piracy Summit  
Aug 23, 2019 19:30 HKT/SGT
Hong Kong in Fashion sets the scene for CENTRESTAGE  
Aug 23, 2019 16:30 HKT/SGT
Toyota Provides Diverse Mobility for Tokyo 2020, including a Full Line-up of Electrified Vehicles  
Aug 23, 2019 15:58 HKT/SGT
Huifu Payment Revenue Grew 34%; Digital Transformation Shows Significant Gains  
Aug 23, 2019 15:57 HKT/SGT
Mongolian Mining Corporation announces 2019 Interim Results  
Aug 23, 2019 13:52 HKT/SGT
NEC Receives Order for Intelligent Transportation System in Makkah, Saudi Arabia  
Aug 23, 2019 10:42 HKT/SGT
Paradise Entertainment Limited Reports 2019 Interim Results  
Aug 23, 2019 09:23 HKT/SGT
VCREDIT 1H19 Recorded Significant Revenue Growth 46.4%, Successfully Transformed into a Pure Online Consumer Finance Service Provider  
Aug 23, 2019 09:00 HKT/SGT
Trintech Achieves Record-Breaking New Customer Adoption and Expansion in H1  
Aug 23, 2019 00:30 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2019 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: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: