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easyCash GmbH to Start Accepting JCB Cards in Germany



Tokyo, May 2, 2014 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, is pleased to announce easyCash GmbH (easyCash), an Ingenico Group company, has started JCB merchant acquiring operations in Germany and will soon begin acquiring in several additional European countries.

easyCash holds acquiring licenses for all common debit and credit cards, continuously expanding their business as a leading full-service provider throughout Europe. This new partnership further enhances the acceptance portfolio of JCB merchants in Germany, since easyCash merchants will become enabled for JCB acceptance from April 2014 onwards.

JCBI has been steadily increasing its presence in Europe by continual merchant network expansion. Currently, JCB cardmembers can pay with their cards at approximately 25 million merchants worldwide, including several million in Europe. Germany is an important strategic country for JCBI, where it already has an alliance with the German "girocard" debit system in place. The partnership with easyCash will further enhance JCB's footprint in Germany, increasing overall brand visibility for JCB cardmembers visiting the region.

Mr. Ryuji Shinzawa, Executive Vice President, Head of Sales and Marketing Headquarters / Americas and EMEA commented, "The European acquiring market is changing rapidly with new competitors entering the market whilst we see existing players continuing their growth. We are pleased to welcome our new partner to the JCB network. I'm certain this new partnership will bring more benefit and convenience to JCB cardmembers."

About easyCash

easyCash, founded in 1992 as a division of Mannesmann Data Processing GmbH, is a part of the International Ingenico Group since 2009. easyCash supports their 95,000 customers as a general service provider and holds more than 288,000 active terminals in the market. The payment transactions amount to over 2 billion in Germany alone thanks to their cooperation with seven of the ten largest German retail chains. This makes easyCash a leader in the world of card-based payment transactions.

About JCB

JCB, founded in Japan in 1961, is a major global payment brand and a leading credit card issuer and acquirer. Their acceptance network includes about 25 million merchants in 190 countries and territories. JCB cards are now issued in 16 countries and territories, with more than 83 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english

Contact
JCB International Co., Ltd.
Ayako Tanaka
Corporate Planning
Phone: +81-3-5778-8390
Email: [email protected]

Source: JCB

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