Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 17 September 2019, 16:00 HKT/SGT
Share:
    

Source: JCB
Santander launches JCB merchant acquiring operations in Spain

Madrid / Tokyo, Sept 17, 2019 - (ACN Newswire) - Banco Santander (Santander), the major international financial group, has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI), the international operations subsidiary of JCB, the Japanese global payment brand. Thanks to this new alliance, Santander facilitates JCB acceptance at Santander-acquired merchants throughout Spain.

JCB's 130 million cardmembers now have the opportunity to enjoy goods and services from Santander's extensive merchant network in Spain, including hotels, restaurants and luxury retailers. Santander merchant partners will benefit from the opportunity to capture card sales from JCB's predominantly Asian cardmember base.

Santander facilitation of JCB card acceptance significantly increases JCB brand coverage in Spain, providing greater convenience and augmented services to JCB cardmembers globally.

Mr. Yoshiki Kaneko, Deputy President, JCB International Ltd., said, "This partnership with Spain's largest bank is a significant milestone in JCB's mission to increase our acceptance footprint across Europe. JCB cardmembers can now enjoy shopping with a greater number of merchants in Spain, both online and at point of sale. With average transaction value in Spain on the rise for JCB cardmembers, we anticipate this partnership to facilitate growth for Spanish merchants, particularly in the luxury goods category."

Ruben Justel, Managing Director at Santander Espana Merchant Services, said, "JCB's growing cardmember base and prominence in the tiger markets will be of great benefit to our merchant network in Spain as we welcome greater JCB acceptance. As the world becomes a smaller place and tourism figures increase, we've noticed that our merchants benefit from catering to international consumers and that includes variety of payment methods. As the gateway to Asia, facilitating JCB acceptance was the next logical step in this progression."

About Santander

Santander, with more than 160 year of history, is a retail bank operating in 10 main markets that obtained an attributable profit of EUR 7,810 million in 2018 - which is an increase of 18% on the previous year. Santander, with more than 200.000 employees and more than 144 millions of customers, is the 1st bank in Europe and 3rd in the world.

About JCB

JCB is a major 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 over 30 million merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and territories, with more than 130 million Cardmembers. 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 Cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

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

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


Sept 17, 2019 16:00 HKT/SGT
Topic: Press release summary
Sectors: Cards/Payments, Local Business
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



JCB
June 5, 2020 09:00 HKT/SGT
JCB Enables Cross-Border QR-Code Payments with FIS
June 1, 2020 08:00 HKT/SGT
JCB signs a Strategic Partnership Agreement with TECHFUND for Joint Research on Sustainable Payment System Using Blockchain
Apr 28, 2020 10:00 HKT/SGT
JCB introduces Tap on Mobile solution for JCB Contactless Payments on Android Smartphones
Mar 31, 2020 08:00 HKT/SGT
Japan Railways starts to accept Discover Card from April 2020
Mar 10, 2020 17:00 HKT/SGT
JCB International signs License Agreement with Kyrgyzkommertsbank to start acceptance of JCB cards in Kyrgyz Republic
Feb 4, 2020 18:00 HKT/SGT
JCBI and Far Eastern Bank announced the launch of JCB and MIR-JCB cards
Jan 31, 2020 11:00 HKT/SGT
JCB Partners with Oceanpayment for Merchant Acquiring Business
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
More news >>
 News Alerts
Copyright © 2020 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: