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Monday, 18 December 2017, 14:00 HKT/SGT
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Source: JCB
First Data and JCB enable JCB J/Speedy contactless acceptance with key merchants in Hong Kong

Hong Kong & Tokyo, Dec 18, 2017 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), international operations subsidiary of JCB Co., Ltd., has launched JCB J/Speedy in partnership with First Data Corporation (First Data) in Hong Kong.

JCB J/Speedy is the JCB brand contactless payment solution. JCB J/Speedy users simply tap their card or mobile phone on a reader to pay. Now they can pay at key international restaurant chains and duty free outlets using JCB J/Speedy. First Data will continue to support the rapid expansion of JCB J/Speedy acceptance in Hong Kong throughout 2018 followed by additional countries across the Asia Pacific region.

Kimihisa Imada, President & COO of JCBI, said, "This frictionless payment method will allow our cardmembers to experience more convenience and simplicity when purchasing. We thank First Data for their competence and ongoing partnership."

JCB J/Speedy payment provides an enhanced and more convenient purchasing experience for both inbound travelers and for residents of Hong Kong and at the same time is simple for merchants to accept.

"Going cashless is a key objective of many countries in the Asia Pacific region. Enabling contactless payments is a step in the right direction, offering a quick, easy and secure way to pay. We are excited to be partnering with JCB to launch the JCB J/Speedy contactless payment option in Hong Kong where First Data offers truly integrated, omni-channel solutions that enable commerce for a large number of key merchants in the Hong Kong market," stated Ivo Distelbrink, EVP, Head of Asia Pacific for First Data.

*JCB J/Speedy: The JCB brand contactless payment solution that is compliant with NFC and EMV(R) Contactless Communication Protocol Specifications. (EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.)

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/

About First Data

First Data (NYSE: FDC) is a global leader in commerce-enabling technology and solutions, serving approximately six million business locations and 4,000 financial institutions in more than 100 countries around the world. The company's 24,000 owner-associates are dedicated to helping companies, from start-ups to the world's largest corporations, conduct commerce every day by securing and processing more than 2,800 transactions per second and $2.2 trillion per year.

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

Liidia Liuksila
First Data Corporation
Tel: +1 (212) 515-0174
Email: [email protected]


Dec 18, 2017 14:00 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Retail/eCommerce, Travel & Tourism, Daily News, Local
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