Singapore and Tokyo, Oct 2, 2019 – JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (JCB), and Overseas-Chinese Banking Corporation Limited (OCBC Bank), the longest established Singapore bank, are pleased to announce a new partnership to broaden JCB Card acceptance in Singapore.
With the acceptance of JCB Cards, OCBC Bank reinforces its position as one of the leading acquirers and continues to build momentum increasing its merchant base both in the physical and e-commerce space.
Through this partnership with OCBC Bank, the JCB Card acceptance network in Singapore is further enhanced to bring about greater convenience for JCB Cardmembers in Singapore, Japan and other parts of North Asia, especially in China, South Korea and Taiwan, and its fast growing issuing base in South East Asia.
Mr Desmond Tan, Head of Group Lifestyle Financing, OCBC Bank, said: “With OCBC’s network of commercial partners, including major supermarkets, department stores and dining outlets, this puts us in a great position to provide JCB customers with more payment acceptance points.
This new partnership with JCB is an indication of our continuing work to establish a higher level of card acceptance that goes beyond Visa and Mastercard. JCB customers can now enjoy a greater level of ease and an improved customer experience when it comes to card payments and this is an opportunity for OCBC to extend our comprehensive credit card network to a new consumer base.”
Mr Fumihiko Mitsuoka, Managing Director, JCB International Asia Pacific Pte. Ltd. said, “We are honoured to announce this partnership with OCBC, which will allow all their merchants to develop their business through a wider choice of payment schemes to attract more customers.”