JCB Signs License Agreement With Russia’s United Settlement System

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MOSCOW, Jul 7 – JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., and United Settlement System (USS), a non-bank credit organization in Russia, announced the signing of a license agreement for JCB card POS acquiring in the POS-terminals network of USS and its partner banks in 2017.

The signing of this agreement will allow JCB to expand its brand card acceptance in Russia.  The inclusion of acquiring JCB cards under license of USS significantly reduces both time and labor resources of the partner banks. Long-term partnerships of USS and JCB will continue to grow towards development of attractive proposals for banks services and high-tech services for clients.

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