We are proud to announce that as of late last month, we teamed up with JCB International to process JCB transactions for MoneyNetint e-commerce merchants located in the Single Euro Payments Area (SEPA). JBC international is the international operations subsidiary of JCB Co. Ltd.
The goal of this joint operation is to help merchants using MoneyNetINT’s innovative platform to attract JCB’s card members in Asia, but also worldwide, to their websites and generate new sales.
Mind you, JCB currently has 106 million card members, and we recently expanded into China, supporting money transfer in Yuan and USD to Chinese bank accounts and cash payments.
Essentially, JBC’s goal is to increase its acceptance footprint in Europe. It plans to achieve that goal by teaming up with disruptors in the payment service provider (PSP) sector, such as MoneyNetINT. At the end of the day, they’re looking to make room for the growing Asian e-commerce market potential.
As we proceed to integrate our systems in the fourth quarter of this year, you can expect the partnership to bare first fruits in the first quarter of next year.
JCB International (Europe) Managing Director, Mr. Tsuyoshi Notani, said one of the reasons they chose our services is due to the fact that we’re enhancing the traditional bank acquiring space through highly advanced, reliable and simple solutions.
Our ‘dedication to personal and efficient customer service’, which is fully in line with JCB’s ethos, makes us their ideal partner, he added.
“As a gateway to Asia, we can bolster MoneyNetINT's offering to its SEPA-based merchant clients with the ability to engage with the growing number of Asian consumers who enjoy shopping online”.
We believe together we can produce real added value for our customers, and advance financial services and technologies worldwide.
MoneyNetint is a global foreign exchange and international payments company founded in 2005 and headquartered in the City of London (United Kingdom), with operations in Europe, Asia and Middle East. It is authorised under the Electronic Money Regulations by the Financial Conduct Authority (FCA), and guides its clients through the global currency markets in more than 100 countries all over the world.
JCB International is a credit card company, subsidiary of the Co. The company’s services are growing year in, year out, providing its customers all over the globe with a safe and easy payment system. With an agile business model, the company can be at the forefront of innovation, while remaining current and trusted, wherever it is present.
With more than 106 million card members worldwide, the company’s JCB Card is accepted by 24 million merchants, and more than a million cash advance locations in 190 countries and territories. JCB is closely tied with more than 350 financial institutions.