JCB has inked a partnership for its merchant acquiring business with Procesos Medios de Pago, one of the largest merchant acquirers in the Peruvian market. JCB cards are now accepted at more than 70,000 Procesos merchants throughout Peru.
JCB has begun building a merchant acceptance network in Peru from 2003 to facilitate card use for the three million annual international visitors drawn by Peru’s twelve World Heritage Sites, including the historic sanctuary of Machu Picchu and the lines and geoglyphs of Nazca.
While the new partnership enables JCB to further its aim of expanding JCB brand card acceptance in Peru, it also provides Procesos with the means to bring more sales opportunities to its merchants.
Procesos, established in Lima in 1999, is one of the two largest acquiring and processing companies in Peru, and has sharply increased the number of affiliated merchants, reaching around 70,000 in the country.
Procesos was established in 1999. Procesos facilitates and simplifies methods of electronic payments, transactions and digital information in both financial and non-financial areas. Procesos is a network administrator of more than 70,000 affiliated merchants that accept debit and credit cards. Procesos guarantees the customers innovative, reliable, secure and opportune transactions and other services.
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