JCB partners with Nuvei to enable JCB price acceptance across world markets

JCB partners with Nuvei to enable JCB price acceptance across world markets

This collaboration will bring bigger impress to Nuvei’s 50,000 merchant network and supply JCB cardmembers a seamless online payments trip



LONDON, Nov 01, 2022 – (JCN Newswire) – JCB Global Co., Ltd., the world operations subsidiary of JCB Co., Ltd., right this moment presented their partnership with Nuvei. Nuvei now affords JCB acceptance to its world merchant ecosystem, enabling JCB’s extra than 140 million-sturdy cardmember crew to pay at Nuvei’s network of 50,000 retailers across world markets. These merchant sectors consist of social media, luxurious retail, commute and leisure. This would presumably enable JCB to kind a compelling offering for the world spenders amongst its cardmember crew.

Nuvei’s outlandish platform affords retailers with different and suppleness to pick out out every price different, lengthen acceptance rates and scale back running prices. The partnership with JCB will starting up bigger alternatives for Nuvei’s merchant crew to kind comprehensive price acceptance and bigger sales alternatives on a world scale.

Nuvei will additionally be offering J/Rep(TM) 2.0, JCB’s cardmember authentication programme conforming to the EMV(R) three-D Rep Protocol and Core Capabilities Specification to forestall fraud. J/Rep(TM) 2.0 is rising globally and supported by essential world suppliers of 3DS Server and ACS. It affords extra alternatives to JCB acquirers and issuers for get e-commerce transactions and enhances the consumer trip to diminish cart abandonment by introducing Frictionless Streak alongside with the bolt (the consumer may maybe presumably well no longer be introduced on for added info equivalent to a password) thru threat-primarily based fully authentication that supports richer info exchanges and additional info sharing right thru online transactions.

This partnership is the most modern stage in JCB’s growing world acceptance, bringing get payments to the immediate-growing sector of online sales ecommerce. With the world ecommerce market forecast to complete $6.169 trillion by 2023 and set to procure extra than 22 % of complete retail sales[1], JCB’s partnership with Nuvei affords an exhilarating platform for added development.

Ray Shinzawa, Managing Director for JCB Global (Europe) Ltd., stated: “That is an exhilarating moment for JCB in rising world acceptance for our cardmembers. We are contented to be partnering with such an modern ticket in the payments dwelling and glimpse ahead to bringing the mutual advantages of seamless and get online payments to each Nuvei’s merchant ecosystem and our steady cardmembers.”

Yuval Ziv, President at Nuvei, commented: “We’re enraged to lengthen our partnership with JCB and proceed to toughen them alongside their world acceptance trudge. Our business is inquisitive about accelerating merchant’s businesses thru modern price solutions which promise a frictionless, get price trip for their customers. The evolution of our partnership with JCB is testomony to this and we’re optimistic in regards to the long term of this partnership.”

About JCB

JCB is a essential world price ticket and a main bank card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and started rising worldwide in 1981. Its acceptance network contains about 39 million retailers spherical the sector. JCB issues cards across assorted international locations and areas internationally with extra than 140 million cardmembers. As a part of its world development procedure, JCB has formed alliances with hundreds of main banks and monetary institutions globally to lengthen its merchant protection and cardmember noxious. As a comprehensive price resolution supplier, JCB commits to offering responsive and high quality provider and merchandise to all customers worldwide. For extra info, please search the advice of with: www.world.jcb/en/

About Nuvei

Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the following day’s price platform. Designed to trudge customers’ business, Nuvei’s modular, flexible and scalable technology lets in main firms to impartial procure next-gen payments, supply all payout choices and procure pleasure in card issuing, banking, threat and fraud management companies. Connecting businesses to their customers in extra than 200 markets, with native acquiring in 45+ markets, 150 currencies and additional than 570 different price strategies, Nuvei affords the technology and insights for patrons and partners to be triumphant domestically and globally with one integration. For extra info, search the advice of with www.nuvei.com.

About EMV(R)

EMV(R) is a registered trademark in the U.S. and other international locations and an unregistered trademark in varied places. The EMV trademark is owned by EMVCo, LLC.

[1] Global Ecommerce: Stats and Developments to Label to Be triumphant Internationally (2022) (shopify.com)

COMPANY CONTACTS:

JCB Global (Europe) Ltd. Contact:

Diana Lee: [email protected]

JCB (Head Office in Japan)

Ayaka Nakajima: [email protected]

Nuvei Investor Family:

[email protected]

Nuvei Public Family:

Alexandra Bucur: [email protected]

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