PayMaya, a financial service provider, and JCB International (JCBI) have signed an agreement under which PayMaya will accept JCB cards acceptance in the Philippines.
The partnership manages the acceptance of JCB cards at online merchants that use PayMaya Checkout as the payment gateway. PayMaya and JCBI also have plans to issue co-branded cards in the future.
Starting 2017, JCB cardholders will be able to transact in micro- and small-medium enterprises including local boutiques, food carts, and community stores that provides a unique shopping experience through PayMaya Swipe and Touch.
PayMaya Business provides PayMaya Checkout, a system that enables online shops to accept card payments; PayMaya Swipe, a mobile point-of-sale device that allows merchants to accept card payments; and PayMaya Touch, a payment solution that enables businesses to accept swipe, dip, and contactless card payments.
JCBI deputy president Kimihisa Imada said: “The Philippines is one of the most important markets for JCB's global business expansion and we are pleased to welcome our new partner to the JCB network.
“I am certain that this partnership with PayMaya will bring more benefits and convenience to all JCB card members, especially in the e-commerce space. We are also looking forward to exploring further business opportunities such as ‘PayMaya-JCB Card' issuance soon.”