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Insightpartners-JCB International signs License Agreement with Worldline to start the acceptance of JCB cards in Belgium

May 26, 2014



ENP Newswire - 26 May 2014

Release date- 23052014 - JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, is pleased to announce that Worldline, a global player and the European leader in e-payment and transactional services, have signed a License Agreement for building a JCB card acceptance network and to start JCB merchant acquiring operations in Belgium.

With this arrangement, JCB cards will be accepted at Worldline merchants throughout Belgium starting in early 2015.

JCBI has been increasing its presence in Europe by expanding its merchant network. Currently, JCB cards are accepted at about 25 million merchants worldwide including several millions in Europe. This partnership will significantly increase the number of JCB merchants, which will improve the card acceptance for JCB cardmembers visiting Belgium.

With over 40 years of experience, Worldline is the European leader in the payment and transactional services industry and is active in Merchant Services & Terminals, eMobility & eTransactional Services, and Financial Processing. As a leading payment acquirer and a recognized leading payment institution in Europe, Worldline delivers simplified and secure non-cash payment transactions via a wide range of payment solutions for Point-of-Sale, online and mobile payments.

Mr. Kimihisa Imada, Deputy President of JCBI, said, 'As Belgium continues to be the favourite destination for many Japanese, Asian, and European visitors, JCB card acceptance will bring about enhanced opportunities to many business sectors in the beautiful country as well as improved conveniences to JCB cardmembers. JCB is pleased to team up with the Belgian market leader, Worldline, and looks forward to working closely in order to serve our cardmembers, merchants, and our business partners better.'

Mr. Willy Walraeve, Chief Executive Officer Worldline Benelux, said, 'Offering JCB cards will enable Belgian merchants to satisfy a larger range of potential clients. We believe that our customers will benefit from the acceptance of this well recognized and established payment card scheme. We are very proud to add JCB cards in our portfolio and are looking forward to the success of this collaboration.'

About Worldline

Worldline, an Atos subsidiary, is the European leader and a global player in the payments and transactional services industry. Worldline delivers new generation services, enabling its customers to offer smooth and innovative solutions to the end consumer. Key actor for B2B2C industries, with 40 years of experience, Worldline is ideally positioned to support and contribute to the success of all businesses and administrative services in a perpetually evolving market. Worldline offers a unique and flexible business model built around a global and growing portfolio, thus enabling end-to-end support. Worldline activities are organized around three axes: Merchant Services, Mobility and e-Transactional Services, Financial Processing Services. In 2013, Worldline's activities within the Atos Group generated (pro forma) revenues of 1.11 billion euros. The company employs more than 7,200 people worldwide.


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Source: ENP Newswire


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