Japanese bank card firm JCB Worldwide has expanded its card acceptance community via a partnership with Maybank Singapore.
This collaboration permits JCB cardholders to make use of their playing cards at Maybank’s service provider terminals in Singapore, including to the present acceptance in Malaysia and Indonesia.
This transfer signifies a big step for JCB, as Singapore is a serious journey vacation spot in Southeast Asia, attracting 13.6 million vacationers in 2023, with a big quantity coming from areas the place JCB playing cards have a powerful presence.
The growth is especially noteworthy given the substantial progress of JCB within the ASEAN area, Taiwan, and India.
The corporate has reported a 232% enhance in its card base within the ASEAN area between 2018 and 2023, alongside a strong presence in Taiwan via 29 banks, and a big milestone of roughly 1 million RuPay JCB Playing cards issued in India inside two years of launch.
Tessa Er, Head of Playing cards and Private Loans Maybank Singapore stated,
“We’re very happy to accomplice with JCB as we proceed to serve and improve the fee comfort for patrons.
As inbound tourism continues its progress momentum, we stay up for enabling extra prospects to spend on experiences that matter most to them with ease.”
Hiroko Michishita, Managing Director, JCB Worldwide Asia Pacific stated,
“Maybank and JCB have an extended historical past of collaboration in Malaysia and Indonesia. Along with card acceptance, Maybank additionally points JCB Playing cards in Indonesia. We’re subsequently grateful to have the ability to lengthen our cooperation to Singapore.
The acceptance of JCB Playing cards at Maybank service provider terminals will present our cardmembers with additional comfort when travelling to Singapore. We stay up for deepening the connection between the 2 firms via additional successes within the close to future.”
Featured picture credit score: Edited from Freepik