JCB partners with Trust Payments to boost card acceptance in Europe
By Gloria Methri
Japan-based payment brand JCB International has announced a new partnership with Trust Payments, enabling its customers to make payments across a vast network of merchants in Europe.
JCB’s community of over 140 million cardmembers will now be able to make payments across Trust Payments’ network of online and physical merchants, across 48 regions in Europe.
Over 20,000 businesses in retail, financial services, travel, etc. rely on Trust Payments to empower e-commerce and POS capabilities for their global merchants. Through the partnership, Trust Payments’ merchants will get more opportunities to generate higher profits and welcome new customers by tapping into JCB’s loyal card member community.
Ray Shinzawa, Managing Director, JCB International (Europe) Ltd, said: “We are pleased to announce our collaboration with Trust Payments, as it represents a key milestone for JCB as we continue to expand POS and ecommerce spend gateways for our valued cardmembers. Further, working alongside Trust Payments to unlock new opportunities for their broad merchant community means JCB can continue to play its part in growing and supporting the international payment ecosystem.”
As part of the partnership, JCB’s cardmember authentication programme conforming to the EMV 3-D Secure Protocol and Core Functions Specification will be deployed to prevent fraud. As it is expanding globally and supported by major global suppliers of 3DS Server and ACS, J/Secure 2.0 provides more opportunities to JCB acquirers and issuers for secure ecommerce transactions.
Daniel Holden, Group Chief Executive Officer, Trust Payments, said, “We are delighted to be working with JCB and expanding the payment methods our merchants can accept on both POS terminals and across ecommerce payments too. This addition will help to expand the many ways in which businesses can accept payments and work with potential customers based all over the world.”
This partnership aims to address this growing customer demand for contactless payment services. As a result, JCB cardmembers will have access to Trust Payments’ broad range of POS devices, allowing secure transactions.
IBSi Daily News Analysis
January 16, 2024
Europe
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