JCB unveils two new payment rails in partnership with PAYONE
By Gloria Methri
JCB International has announced a new phase in its collaboration with PAYONE, a joint venture of Worldline and the DSV Group, Competence Centre Payment of Sparkassen-Finanzgruppe.
The partnership aims to provide JCB’s 154 million cardmembers and PAYONE’s merchant partners across Germany and Austria with greater convenience in both in-store contactless and ecommerce transactions – with JCB Contactless and J/Secure™ enablement.
PAYONE provides cashless payment transaction services to 277,000 merchants across diverse industries including popular supermarket chains, sports and lifestyle goods, restaurants, and luxury vehicle brands. The rollout of these payment solutions will provide a frictionless platform for future relationship building, which further facilitates the quick and easy exchange of goods and services between cardmembers and merchants alike.
The partnership also aims to provide an extra layer of protection and assurance to JCB’s cardmembers who wish to use their card when travelling abroad. JCB Contactless complies with the EMV international standard for chip cards, using complex analysis to ensure security for each transaction. JCB’s J/Secure authentication programme for cardless transactions makes online commerce secure by adding an important identification step that enables cardmembers to directly authenticate their card with the issuer.
Ray Shinzawa, Managing Director, JCB International (Europe) Ltd. said, “We are proud to be the gateway for our European partners who want to access valuable Asian spend, both in-store and online. German and Austrian brands are particularly popular with our Cardmembers, who appreciate the quality and excellence of goods and services across the region. Our collaboration with PAYONE supports our strategy to unlock these spending opportunities internationally. We look forward to our continued partnership with PAYONE, now and in the future.”
Ottmar Bloching, CEO PAYONE, added, “Contactless payments and online shopping have developed rapidly in recent years – especially during the pandemic. Thanks to the extended partnership with JCB, a payment method that is firmly anchored in the Asian end-consumer consciousness, we offer our merchant customers the opportunity to make online payments even more secure and to expand the POS with another international contactless payment option. With this, PAYONE and JCB underline their growth ambitions in the important European markets of Germany and Austria.”
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage