|Tuesday, 23 July 2019, 16:30 HKT/SGT|
Mumbai / Tokyo, July 23, 2019 - (ACN Newswire) - National Payments Corporation of India (NPCI) and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., together with Indian banks, announced the launch of RuPay JCB Global Cards, which can be used at RuPay card accepting points in India and JCB card accepting points outside India for both POS and ATM. This is the first ever JCB brand card issued in India.
State Bank of India, Punjab National Bank, Axis Bank, Union Bank of India, Central Bank of India, Andhra Bank, City Union Bank, TJSB Bank, and many more banks will issue RuPay JCB Global Cards.
Following the enablement of POS terminals and ATMs in India for incoming foreign JCB card members in 2017, both parties have entered into the second phase of the strategic partnership with this launch to serve the needs of increasing outbound Indian travellers.
As a launch campaign, NPCI and JCBI jointly offer a special cashback program where the card members can get cashback of 15% for POS transactions outside India and additional 15% (total 30%) in selected popular destinations for Indian travellers: Thailand, Singapore and the UAE. *Terms and conditions apply. Additionally, JCB provides international services such as in-city card member lounges, called JCB Plaza Lounge, in the USA, France, Taiwan, Korea, Hong Kong, Thailand and Singapore as well as JCB Plaza in Japan and round the year merchant promotions all over the world.
In the launch ceremony held today, Mr. Dilip Asbe, MD & CEO, NPCI said, "The NPCI-JCB collaboration is one of the most valued alliances for our home-grown card network, RuPay. Our relationship allows RuPay JCB Global Card holders to use their cards at tens of millions of locations around the world. The cardholder will enjoy facilities like JCB Lounges in the airports of China, Japan, Hawaii, Dubai, Singapore, Hong Kong, Bangkok and Korea. With this initiative, both companies will continue to provide high value service to our customers, especially outbound Indian travellers."
Mr. Ichiro Hamakawa, Chairman and CEO, JCB Co., Ltd. and, JCB International Co., Ltd. said, "We very much appreciate our valuable partnership with NPCI who continues to make massive strides in moving India towards a truly digital payment state. I am sure that the RuPay JCB Global Card will enrich the customers' payment experience immensely, with the rapid growth of Indian outbound travellers.
National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. An initiative of RBI and IBA under the provisions of the Payment and Settlement Systems Act, 2007, NPCI was initiated for creating a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC) and Bharat BillPay. NPCI also launched UPI 2.0 to offer more secure and comprehensive services to consumers and merchants.
NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India's aspiration to be a fully digital society. For more information, visit: https://www.npci.org.in/
Zeba Mirajkar / Swagata Gupta
[email protected] / [email protected]
Sumeet Chhabra / Sinoj Sadanandan
9619437559 / 9619375635
[email protected] / [email protected]
JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 30 million merchants as well as cash advance locations around the world. JCB cards are now issued in 23 countries and territories, with more than 130 million cardmembers. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. www.jcbcorporate.com For more information, please visit: www.global.jcb/en/
JCB Co., Ltd.
Corporate Communications Department
Email: [email protected]
July 23, 2019 16:30 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Local Business
From the Asia Corporate News Network
Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|Jan 21, 2020 15:00 HKT/SGT|
JCB expands its merchant network with Nets Group in Finland|
|Dec 27, 2019 15:00 HKT/SGT|
JCB Signs a Strategic Partnership Agreement with Keychain to Leverage Blockchain in the Payments Area|
|Dec 20, 2019 09:00 HKT/SGT|
JCB and Paystand sign an MOU for building a new B2B payment solution for small and mid-sized Japanese enterprises|
|Dec 19, 2019 18:00 HKT/SGT|
Worldpay From FIS Opens New Doors for JCB Card Acceptance in Japan|
|Dec 10, 2019 17:00 HKT/SGT|
JCB Releases Muslim Friendly Japan Special Offer Guide|
|Dec 2, 2019 11:00 HKT/SGT|
VietinBank and JCB launch VietinBank JCB Ultimate Vietnam Airlines Credit Card in Vietnam|
|Nov 11, 2019 15:00 HKT/SGT|
BCA and JCB Launch BCA JCB Black Credit Card|
|Nov 8, 2019 14:00 HKT/SGT|
KASIKORNBANK, a major financial institution in Thailand, starts to adopt Smart Code(TM), the JCB QR and barcode payment scheme|
|Nov 6, 2019 16:00 HKT/SGT|
Viet Capital Commercial Joint Stock Bank to Launch JCB Credit Card in Vietnam|
|Nov 1, 2019 09:00 HKT/SGT|
JCB signs License Agreement with PrivatBank to start acceptance of JCB cards in Ukraine|
|More news >>|