The first JCB in Austria is being launched by card complete Service Bank. card complete is the leading Austrian market player with more than 1.3 million Visa and MasterCard cardholders.
JCB is a global payment brand and a credit card issuer and acquirer in Japan. JCB launched its Japanese card business in 1961 and established worldwide expansion in 1981. Its acceptance network includes roughly 27 million merchants and over one million cash advance locations in 190 countries and territories.
JCB cards are now issued in 17 countries and territories, with altogether about 87 million cardmembers. As part of its international growth strategy, JCB has formed alliances with over 350 leading global banks and financial institutions in order to increase its merchant coverage and cardmember base.
In October Brussels-based Trionis, the pan-European inter-bank processing network, plans to build a gateway to enable JCB merchant acquirers across Europe to connect with the JCB payment network. The gateway will be operational in Q1 2015.
The Trionis gateway will function as an easy access point and a message format conversion. The JCB licensed acquirers can route JCB transactions without having to develop the JCB proprietary message format by working through Trionis.
Last month, Pakistan’s largest payment system by market share entered into a strategic partnership to introduce JCB debit cards in Pakistan. The partnership will allow 1LINK member banks to sign up on the JCB international network through 1LINK, enabling them to issue JCB debit cards, which will be accepted at about 27 million JCB merchants around the world.
For 30 years, card complete has enabled its partners to succeed in cashless payment management. Extending from product development, acceptance devices up to settlement systems, these can all be obtained from a single source whilst achieving the comfort of maximum security and high service levels. Furthermore, card complete issues major credit card brands such as Visa, MasterCard, and now begins issuing JCB.
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