United Settlement System (USS), a non-bank credit organization in Russia, inked a license agreement for JCB card POS acquiring in the network of POS-terminals of USS and its partner banks in 2017.
The deal will enable JCB to expand its brand card acceptance in Russia. The inclusion of acquiring JCB cards under license of USS allows to significantly reduce both time and labor resources of the partner banks.
Long-term partnerships of USS and JCB will continue to grow in the direction of the development of attractive proposals for banks services and high-tech services for clients.
USS is a subsidiary company of “ROSBANK” (100% participation) and is part of the Societe Generale group, was founded in 1999. In 2012 the company created a payment system with the same name as USS.
Currently USS provides clearing and settlement services of the operator and clearing center to the Payment system “Payment service United settlement system”, settlement and clearing services as a clearing center of the Payment System “Western Union” and clearing center services to the Payment System “BEST”, it is a direct participant and provides its partner banks with settlement and clearing services to the Payment systems “UnionPay”, “JCB” and “American Express”.