Tokyo, June 13, 2011 - (JCN Newswire) - JCB International (JCBI), the international operations subsidiary of JCB, the only global payment brand based in Japan, is pleased to announce the signing of an agreement with the Vietnam Football Federation (VFF) for the sponsorship of Vietnamese national soccer team.
Through this agreement, JCBI considers building up the excitement of the Vietnamese national soccer team and to leverage JCB's presence by displaying a collaborative decal of JCB logo and VFF supporting partner logo at the soccer stadium hosted by VFF and at JCB merchants.
JCBI and VFF will take this opportunity to further discuss the issuance of co-branded cards to meet the satisfaction for not only the Vietnamese soccer fan but for all the Vietnamese that suits the lifestyle, value and its culture.
Vietnam is one of the key target markets for JCB because of its strong growth and potential scale for card payment market. Since 1991, JCB and JCBI have been expanding JCB merchants in Vietnam to increase the card acceptance for JCB cardmembers. Currently JCBI has merchant acquiring relationship with nine partner banks and financial institutions, and approximately 12,600 merchants now accept JCB cards. JCBI and major banks in Vietnam are planning to issue JCB cards in August this year.
JCB, as a global payment brand, will continue contributing to the development of Vietnam's credit payment market in the future.
JCB acquiring alliances in Vietnam
About JCB
JCB is a major global payment brand and leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its acceptance network includes 18.4 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 14 countries and territories, with more than 69.3 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english .
Note: JCB statistics included in About JCB are as of the end of March 2011.
Source: JCB
Contact:
Copyright 2011 JCN Newswire. All rights reserved. www.japancorp.net
Through this agreement, JCBI considers building up the excitement of the Vietnamese national soccer team and to leverage JCB's presence by displaying a collaborative decal of JCB logo and VFF supporting partner logo at the soccer stadium hosted by VFF and at JCB merchants.
JCBI and VFF will take this opportunity to further discuss the issuance of co-branded cards to meet the satisfaction for not only the Vietnamese soccer fan but for all the Vietnamese that suits the lifestyle, value and its culture.
Vietnam is one of the key target markets for JCB because of its strong growth and potential scale for card payment market. Since 1991, JCB and JCBI have been expanding JCB merchants in Vietnam to increase the card acceptance for JCB cardmembers. Currently JCBI has merchant acquiring relationship with nine partner banks and financial institutions, and approximately 12,600 merchants now accept JCB cards. JCBI and major banks in Vietnam are planning to issue JCB cards in August this year.
JCB, as a global payment brand, will continue contributing to the development of Vietnam's credit payment market in the future.
JCB acquiring alliances in Vietnam
----------------------------------------------------------------------- Starting Financial institution ----------------------------------------------------------------------- 1 Sep 1991 Joint Stock Commercial Bank for Foreign Trade of Vietnam 2 Dec 1998 United Overseas Bank LTD. 3 Dec 1998 Australia and New Zealand Banking Group Limited 4 Mar 2008 Sai Gon Thuong Tin Commercial Joint Stock Bank 5 Aug 2008 Asia Commercial Bank 6 Apr 2009 DongA Commercial Joint Stock Bank 7 Nov 2009 Vietnam Joint Stock Commercial Bank for Industry and Trade 8 Jul 2010 Vietnam Export Import Commercial Joint Stock Bank 9 Aug 2010 Vietnam Bank for Agriculture and Rural Development -----------------------------------------------------------------------
About JCB
JCB is a major global payment brand and leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its acceptance network includes 18.4 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 14 countries and territories, with more than 69.3 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english .
Note: JCB statistics included in About JCB are as of the end of March 2011.
Source: JCB
Contact:
Yoko Shinomiya Corporate Planning JCB International Co., Ltd. +81-3-5778-8390 yoko.shinomiya@jcb.co.jp
Copyright 2011 JCN Newswire. All rights reserved. www.japancorp.net
© 2011 JCN Newswire
