JCB and Fiserv partner to increase Card Acceptance in Europe
By Gloria Methri
JCB International has announced that merchants in multiple European markets can now accept JCB Cards, both at the physical point of sale and for eCommerce transactions. Over 150 million international JCB Cardmembers will be welcomed by participating merchant clients of Fiserv, the PayTech enabling card acceptance for thousands of merchants in Europe.
The multi-regional collaboration will expand payment choices for JCB Cardmembers, allowing them to pay with their JCB Cards at participating merchants in the United Kingdom, Germany, and Poland. Merchants ranging from large enterprises with an omnichannel focus to smaller businesses will benefit from the ability to offer an additional payment option through their existing merchant-acquiring relationship.
Fiserv will support JCB Contactless and J/Secure payment gateways for the European merchant communities. JCB Contactless provides a reliable, simple, and expedient way for JCB to pay in-store. J/Secure is JCB’s Cardholder authentication program that executes risk-based authentication and provides frictionless checkout experiences.
The new collaboration is a key part of JCB’s plan to increase its card acceptance rates across Europe, enabling a seamless and secure payment experience.
Ray Shinzawa, Managing Director, JCB International (Europe) Ltd., said, “We are delighted to have signed and sealed our partnership agreement with Fiserv. This collaboration will allow secure, convenient, and speedy payment gateways for our JCB Cardmembers and the valued merchant clients of Fiserv. We look forward to our continued work together and admire the determination of Fiserv towards making a positive business impact on its growing merchant network and our international Cardmembers.”
Sebastian Gollwitzer, Head of Merchant Product for EMEA, Fiserv, said, “In an interconnected world consumers value the ability to pay wherever and whenever they want, using their preferred payment method. Our partnership with JCB will enable businesses to broaden consumer payment options, simplify payments acceptance, and accelerate growth.”
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage