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Nets Group to enhance JCB’s payment acceptance in Finland

Nordic payment solutions provider, Nets Group announced a partnership with payment brand JCB International Co., Ltd., for enabling JCB’s payment acceptance by the former’s merchants in Finland.

Nets states that the collaboration will enable around 18,000 Finnish business to accept JCB’s payments through its Merchant Services platform, thus strengthening the card issuer’s Russian and Japanese customer base.

Mr Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd., said, “The growth of JCB acceptance in Finland further aids our intent to expand even further afield by working with more partners in markets where our cardmembers demand it. This includes our growing base of cardmembers in Russia, so they can pay for goods and services.”

JCB’s Nordic coverage is expected to increase with the partnership and will provide the opportunity of expanding its 33 million merchant partners network as well as enhance the customer experience for its 136 million global cardmembers.

Petri Carpén, Head of Large Accounts at Nets in Finland said, “Finland is an important gateway for JCB’s Asian cardmembers visiting Europe. According to Visit Finland 2017 data, the number of trips made by Chinese visitors to the country rose 63 percent, with spend averaging 1,263 euros per person per trip, outspending visitors from all other countries. This initial phase of JCB acceptance will enable our merchants across Finland to tap into this increasingly important tourism channel.”

Recently, Nets announced the acquisition of Finnish software developer Poplatek and payment terminal service provider Poplapay in a bid to fuel its payment terminal service capabilities.

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