SHANGHAI, China, Sept. 8 /PRNewswire-FirstCall/ -- First Data Corp. , a global leader in electronic payment technologies and services, today announced it has signed a product development agreement with JCB, an international credit card brand and the largest card issuer and acquirer in Japan.
Under the terms of this agreement, First Data will enhance its VisionPLUS card processing system to support JCB issuance and acquiring. In addition, First Data will support JCB in its efforts to enable First Data's worldwide client base to issue and acquire JCB cards. VisionPLUS software, used by some of the largest banks and retail card issuers in the world, is a comprehensive card solution that offers new account processing, merchant administration, cardholder billing and management, collections, risk management, promotions and co-branding capabilities.
Pam Patsley, president, First Data International said, "This partnership between First Data and JCB demonstrates First Data's commitment to support its business partners globally and continue to enrich its payment processing solutions worldwide".
JCB is pursuing even greater global expansion from a solid foundation as a major international card brand. Currently JCB has 49.6 million card members. JCB cards are accepted at 11.42 million associated merchants and supported by close ties with more than 320 financial institutions worldwide.
Kunio Yoshizawa, president and COO, JCB International said: "JCB chose First Data because of the strength of its customized solutions in electronic payments, credit and debit cards. First Data's high-quality, customer-focused products and services were key factors in our decision to build this relationship."
For more information, please contact:
Uhi Hui, PR People Consultancy, on + 852 2593 1118, uhi.hui@pr-people.com Cara Taylor, First Data, on 303 967 6367, cara.taylor@firstdatacorp.com
About First Data
First Data Corp. , with corporate headquarters in Denver, Colorado (USA) helps power the global economy. As a worldwide leader in electronic commerce and payment services, First Data provides credit, debit, private-label, smart and stored value card issuing and merchant transaction processing services; Internet commerce solutions; money transfer and cheque processing services globally. Its Western Union and Orlandi Valuta money transfer networks include approximately 200,000 agent locations in more than 195 countries and territories. With more than 30,000 employees worldwide, First Data has offices throughout Europe, Asia Pacific, Latin America and North America
About JCB
JCB is an international credit card brand and the largest card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its merchant network includes 11.71 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 51.6 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 320 leading banks and financial institutions globally to increase merchant coverage and cardmember base. JCB's corporate philosophy of "Service from the heart," a commitment to responsive and high-quality service, continues to guide it as it creates the future together with its customers, merchants and partners. For further information, please visit the JCB Co. Ltd. home page at: http://www.jcb-global.com/english or http://www.jcbinternational.com/.
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First Data Corp.
Under the terms of this agreement, First Data will enhance its VisionPLUS card processing system to support JCB issuance and acquiring. In addition, First Data will support JCB in its efforts to enable First Data's worldwide client base to issue and acquire JCB cards. VisionPLUS software, used by some of the largest banks and retail card issuers in the world, is a comprehensive card solution that offers new account processing, merchant administration, cardholder billing and management, collections, risk management, promotions and co-branding capabilities.
Pam Patsley, president, First Data International said, "This partnership between First Data and JCB demonstrates First Data's commitment to support its business partners globally and continue to enrich its payment processing solutions worldwide".
JCB is pursuing even greater global expansion from a solid foundation as a major international card brand. Currently JCB has 49.6 million card members. JCB cards are accepted at 11.42 million associated merchants and supported by close ties with more than 320 financial institutions worldwide.
Kunio Yoshizawa, president and COO, JCB International said: "JCB chose First Data because of the strength of its customized solutions in electronic payments, credit and debit cards. First Data's high-quality, customer-focused products and services were key factors in our decision to build this relationship."
For more information, please contact:
Uhi Hui, PR People Consultancy, on + 852 2593 1118, uhi.hui@pr-people.com Cara Taylor, First Data, on 303 967 6367, cara.taylor@firstdatacorp.com
About First Data
First Data Corp. , with corporate headquarters in Denver, Colorado (USA) helps power the global economy. As a worldwide leader in electronic commerce and payment services, First Data provides credit, debit, private-label, smart and stored value card issuing and merchant transaction processing services; Internet commerce solutions; money transfer and cheque processing services globally. Its Western Union and Orlandi Valuta money transfer networks include approximately 200,000 agent locations in more than 195 countries and territories. With more than 30,000 employees worldwide, First Data has offices throughout Europe, Asia Pacific, Latin America and North America
About JCB
JCB is an international credit card brand and the largest card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its merchant network includes 11.71 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 51.6 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 320 leading banks and financial institutions globally to increase merchant coverage and cardmember base. JCB's corporate philosophy of "Service from the heart," a commitment to responsive and high-quality service, continues to guide it as it creates the future together with its customers, merchants and partners. For further information, please visit the JCB Co. Ltd. home page at: http://www.jcb-global.com/english or http://www.jcbinternational.com/.
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First Data Corp.
