Worldpay From FIS Opens New Doors for JCB Card Acceptance in Japan

Worldpay From FIS Opens New Doors for JCB Card Acceptance in Japan

Key facts • Merchants that process payments through Worldpay will now be able to accept JCB cards in Japan.
• With a booming eCommerce market in Japan, global and local merchants stand to benefit from broader payments acceptance.
• Worldpay was acquired by FIS in July 2019.

Hong Kong, December 23, 2019 – FIS™ (NYSE: FIS) announced an agreement with JCB, the leading issuer and acquirer in Japan and a global payment network. Worldpay, FIS’ global eCommerce platform, will allow businesses operating in Japan to accept payments by JCB cards. With this agreement, Worldpay now provides a comprehensive eCommerce solution for enterprise merchants operating in Japan.

Worldpay merchants selling online in Japan will now be able to streamline their payments technology and settlements by accepting more types of card payments through a single integration rather than multiple third-party contracts.

The eCommerce market in Japan is growing rapidly. Worth an estimated JPY17.9 trillion ($162.8 billion) in 2018, the market is expected to grow 28 percent by 2022 as local and international retailers scale up their online offerings in Japan. To win in the booming marketplace, merchants operating in Japan can broaden their payments portfolio to give consumers the ability to pay in their preferred way.

Worldpay has been supporting JCB’s merchant acquiring business internationally since the 1990s.

“As we always seek ways to improve customer experiences among JCB cardmembers worldwide, partnering with a global eCommerce payments leader like Worldpay gives us wider exposure to the eCommerce firms doing business in Japan and international markets,” said Yutaka Nakazawa, Executive Vice President, Head of Acquiring Sales and Marketing – Partner Relations, JCB Co., Ltd. “By driving broader payments acceptance among eCommerce merchants, JCB stands to become the preferred method of payment as consumers shift to buying goods and services online.”

“Japan’s eCommerce market is set to be a powerhouse of growth over the next few years and being able to offer businesses a broad portfolio of card brands is key to merchant success in the region,” said Mark Heimbouch, President of Worldpay Merchant Solutions, FIS. “We are committed to delivering modern, leading-edge solutions in Japan and around the globe to help merchants run their operations more cost-effectively, connect with customers in more meaningful ways, and grow their businesses.”

About FIS
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

About JCB
JCB is a global payment brand and a leading credit card issuer and acquirer in Japan.
JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981.
Its acceptance network includes about 30 million merchants as well as cash advance locations around the world. JCB cards are now issued in 24 countries and territories, with more than 130 million cardmembers. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.
For more information, please visit: www.global.jcb/en/

###
Contact

Golin

Zoe Chau/ Maxson Tsang
Email: FIShk@golin.com
Phone: +852 2501 7905/ +852 2501 7907

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Exploring Top Language Learning Apps of 2024 (Other Than Duolingo!)

As we usher in the new year, many of us are armed with resolutions, and often, topping our bucket list is the ambition to learn a new language. Yet, here’s the twist in the tale—our journey of mastering a foreign tongue is often fraught with lost tracks and dwindling motivation. What if I told you there’s a smoother path? The solution lies in your pocket: simply download a language-learning app. These digital tutors not only nudge you to keep up with your daily lessons but also offer the flexibility to master a new dialect on the go, anytime, anywhere.

Eightfold AI Joins Department of Commerce Initiative for AI Safety

Eightfold AI, an AI-driven talent solution company, has announced its involvement in a Department of Commerce initiative aimed at fostering the development and deployment of trustworthy and secure artificial intelligence (AI). This initiative, under the auspices of the National Institute of Standards and Technology (NIST), introduces the U.S. AI Safety Institute Consortium (AISIC). The consortium aims to unite a diverse group of stakeholders, encompassing AI developers, users, academia, government and industry experts and civil society bodies to advance the mission of safe and reliable AI.

What Are Shadow Boards in the Workplace? Pros and Cons

In today’s rapidly evolving business landscape, companies are constantly seeking innovative ways to maintain a competitive edge. An intriguing development in this arena is the emergence of “shadow boards”—dynamic groups within organizations designed to complement the official board of directors by offering fresh perspectives on critical business strategies. This article explores the role of shadow boards in the modern workplace and highlights their benefits, challenges and how they are shaping future business practices.

Anthropologie and Pinterest Unveiled 2024 Bridal Trends at NYC Pop-Up Event

Anthropologie Weddings, a bridal collection from the global lifestyle brand Anthropologie, in collaboration with AnthroLiving and Terrain, debuted the Anthropologie Weddings x Pinterest Trend Pop-Up. This event, developed in partnership with Pinterest, was designed to bring emerging bridal trends, as identified by Pinterest Predicts, into tangible experiences. Offering inspiration and early access to trends, the pop-up showcased bridal designs, décor and lifestyle options that could be personalized for unique wedding visions.

Hello Group Introduces inSpaze: An Immersive Social App for Apple Vision Pro

Hello Group Inc., a prominent mobile social entertainment provider in China, introduces its immersive social application, inSpaze, an immersive social application exclusively for Apple Vision Pro users in the United States. This application, crafted for visionOS, leverages advanced technologies like 3Ds, Reality Converter and Reality Composer Pro, offering a unique spatial computing experience that connects users worldwide through Spatial Audio and 3D interactive content.