CardPay to Start Accepting JCB Cards

June 9, 2017         By: Mike Dautner

JCB International Co., Ltd., the international operations subsidiary of JCB, is pleased to announce that CardPay, a global player and a European leader in e-commerce and transactional services, has signed a direct License Agreement to acquire JCB’s e-commerce card transactions across the SEPA region.

With this agreement in place, JCB and CardPay will develop connectivity during Q3’17 and target to go live during Q4’17.

JCB’s acquiring strategy is to aggressively increase its acceptance footprint across the SEPA region by expanding its merchant acceptance network, including the e-commerce channel.

Currently JCB cards are taken at merchants across the globe. This agreement has huge implications for both companies because it will give Cardpay’s clients the potential to attract over 100 million JCB cardmembers to their businesses creating new customers and sales at their websites.

Mr. Tsuyoshi Notani, Managing Director of JCB International (Europe) Ltd, said, “We are delighted to sign this License Agreement for JCB e-commerce acquiring with CardPay. We are both aiming to capture the growth in crossborder e-commerce generated by Asian consumers. This is a great opportunity to give JCB cardmembers greater freedom to spend in more e-commerce retailers across Europe than ever before.”

Mr. Stanislav Podolyanchuk, Head of Acquiring and Issuing of CardPay, said, “We at CardPay are proud to join the JCB scheme and offer their payment solutions to our e-commerce clients. There is a constantly growing demand for JCB acceptance by European merchants and our cooperation with JCB will provide e-commerce merchants with a bespoke instrument for increasing online sales and expanding our clients’ base”.