JCB and Viva Wallet announce the extension of their partnership will enable contact and contactless payment between Viva Wallet’s European merchants and JCB’s 140 million cardmembers in both face-to-face and online commerce transactions.
Furthermore, this roll-out is planned to be extended to an additional 6 European nations, over and above the 17 countries which will already be enabled, from September 2020. This means that Viva Wallet will be set to bring JCB acceptance to merchants spanning a total of 23 countries across Europe from late 2020.
JCB Contactless provides card members with a secure, fast solution for making payments at convenience and grocery stores, taxis, as well as other retail purchases. Merchants will now be able to increase their brand footprint and welcome sales from 24 countries and territories where JCB cards are issued, including Japan, China, Korea, Thailand.
Over and above streamlining face-to-face transactions, this partnership will enable online JCB acceptance with J/Secure(TM)1.0 (based on Visa’s 3-D Secure Core Protocol Specifications).
J/Secure(TM)1.0 is designed to be an additional security layer for card members’ online credit and debit card transactions and provides card members with a safe purchase experience. J/Secure (TM)2.0 (based on the EMV 3-D Secure Protocol and Core Functions Specification) is set to follow the additional September 2020 expansion.
Mr. Makis Antypas, CIO and Co-Founder of Viva Wallet, said: “We always strive to combine our cloud-based processing infrastructure, our multiple principal memberships for acquiring and issuing services, and our participation in various payment systems across Europe, to benefit our merchant base making their payments’ journey as seamless as possible. We are very excited about our partnership with JCB, and we welcome their card members, not only to make easier and faster online and offline payments, but also to accommodate the increasing demand for alternative payments methods in Europe, something not many other payment providers can support.”
Mr. Thomas Heigl, Senior Vice President, Sales and Marketing, JCB International (Europe) Ltd., said “We’re thrilled to partner with Viva Wallet and to welcome increased, secure sales for Viva Wallet’s merchants across 17 European countries. This is a key achievement for us as we increase JCB card member acceptance in both brick and mortar establishments and through e-commerce transactions. The opportunity to extend into other territories from September 2020 is one we look forward to also.”
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 34 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 140 million card members. 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.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
