JCB, PayCenter and petaFuel have launched the first JCB-girocard co-badged card in Germany.
The product named “CardDuo” is a prepaid card which combines the functionalities of JCB alongside girocard (payment scheme operated by the German Banking Industry Committee).
By operating with both JCB and girocard applications, cardmembers can access JCB’s Merchant and ATM network in Europe as well as nationwide girocard acceptance points in Germany, consisting of approximately 770,000 POS terminals and 60,000 ATMs.
The brand-new product is not only the first prepaid card co-badged with girocard, but becomes the first JCB prepaid card issued in Europe.
PayCenter is the first German E-Money institution approved and licensed by the Federal Financial Supervisory Authority (BaFin) with its own German Bank Identifier Code.
petaFuel is an IT service provider dealing with software developments for business solutions in the financial sector. petaFuel also provides support for internal IT projects, other payment systems (SSL Banking, HBCI server, online brokering) to medium-sized and private European banks. As a certified processor, petaFuel manages the prepaid card (for worldwide use) processing for cards issued by several German financial institutions. All petaFuel processing infrastructure is developed in-house.
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