JCB International, a subsidiary of JCB, and Adyen, a payments firm, have signed an extension of the existing SEPA agreement.
The agreement will allow JCB merchant acquiring for e-commerce, and for POS in Singapore and Hong Kong. Additionally, for e-commerce, it will also be able to process all currencies and settle in the major currencies like SGD, USD, JPY, HKD, EUR and GBP.
“This global partnership further advances Adyen’s strategy of providing its merchants a direct and seamless connection via any device to the major card payment schemes around the world, bringing a greater range of options for its clients and JCB’s cardmembers globally,” JCB said in a statement.
JCB International, Europe managing director Tsuyoshi Notani said: “We are extremely pleased to provide Adyen the additional functionality to enable our card members access to the key merchants across the world.
“Our continued partnership with a truly global partner is going from strength to strength, we are constantly aiming to grow both our cross border and local e-commerce including In-App mobile payment footprint generated by Asian consumers and this is a fantastic opportunity to give JCB card members greater freedom to spend in more retailers at omnichannel interfaces than ever before.”
Commenting on the move, Adyen Asia-Pacific president Warren Hayashi added: “Adyen is proud to partner with JCB International to allow JCB card members to enjoy a frictionless payments experience across borders.
“Adyen firmly believes that by meeting the distinctive payment preferences of consumers, brands would be able to create a personalized brand experience and instill brand loyalty.”