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Adyen Launches JCB Card Acceptance for Businesses Online and at the Point of Sale

Tokyo and Amsterdam, July 30, 2014 - (ACN Newswire) - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, the only global payment brand based in Japan, and Adyen, the global provider of international and omni-channel payment solutions, are pleased to announce their partnership to enable Adyen merchants in 28 European countries to accept payments both online and in stores from over 84 million JCB card members worldwide. In 1981 JCB became the only Japan-based payment card brand to go global, and since then JCBI has been steadily growing its presence in Europe by expanding its merchant network. Currently, card members can pay with JCB card at about 26 million merchants worldwide including several million merchants in Europe. The Netherlands is a strategically important country for JCBI, as this is a major destination market for European JCB cardmembers, whilst in France, Adyen will be the first JCB Licensee to be able to offer JCB acceptance to French merchants. The partnership with Adyen is key for the expansion of JCB in France and will improve the card acceptance for JCB cardmembers visiting this country.

Adyen offers a full service model including front end solutions with ready-to-use check out pages for online and payment terminal solutions for point of sale, all connecting to its best in class processing and risk management payment platform. On the back end, Adyen offers full payment reconciliation, detailed reporting and settlements. Adyen holds acquiring licenses for all major debit and credit cards and continues to expand this capability by adding JCB. This partnership enables JCBI to further develop its penetration in Europe.

Ryuji Shinzawa, Executive Vice President, Head of Sales and Marketing Headquarters / Americas and EMEA of JCBI commented, "Adyen is an innovative payments company making things easy for merchants and shoppers to accept or process payments. Its aspirations fit well with the JCB ethos and I am particularly pleased to announce Adyen as our full Licensed partner for both online and point of sale. I am sure that this new partnership will bring even more benefit and convenience to JCB cardmembers as well as enhanced business opportunities for merchants."

Roelant Prins, CCO of Adyen adds: "JCB is a major payment scheme in Asia and increasingly popular outside of Asia. We look forward to boosting JCB card acceptance worldwide through enabling merchants to accept JCB both online and at the point of sale."

About Adyen

Adyen is a global provider of international and omni-channel payment solutions. Adyen holds full acquiring licenses for Visa, MasterCard, American Express, Diners, Discover and Union Pay schemes enabling its platform to process payments from any sales channels including online, mobile, and point-of-sale (POS). The Platform is highly scalable and can be completely customized to meet any merchant requirement. Adyen processes over 250 local payment methods and 187 transaction currencies used on six continents, making it the ideal partner for international expansion. Many high profile customers use Adyen including Groupon, Evernote, Vodafone, Mango, SoundCloud, Indiegogo, TomTom, Superdry, PhotoBox, KLM, JustFab, Lebara, ticketscript and Badoo. Adyen is headquartered in Amsterdam, with offices in London, Paris, Berlin, Stockholm, San Francisco, Boston, Sao Paulo, and Singapore. The company processed more than USD 14 billion in payments transactions in 2013.

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 26 million merchants in 190 countries and territories. JCB cards are now issued in 16 countries and territories, with more than 84 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.

Note: JCB statistics included in About JCB are as of the end of March 2014.

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

Adyen UK Press Contact:
Francesco Tius
+44 208 392 4061
[email protected]

Source: JCB

Copyright 2014 ACN Newswire. All rights reserved.

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