Tokyo and London — JCB International Co., Ltd. (“JCBI”), the international operations subsidiary of JCB Co., Ltd and Japan’s only international payment brand, and Checkout Ltd (“Checkout.com”), a leading global provider of international payments solutions for enterprise-level eCommerce merchants, are pleased to announce the signing of a License Agreement to begin JCB merchant acquiring services in 36 European countries and the UAE.
Through the partnership, JCB card acceptance will be available to all Checkout.com merchants in the coming months. Checkout.com merchants will be able to accept payment from 106 million cards running on the JCB International Network.
This partnership further advances Checkout.com’s strategy of providing its enterprise merchants a direct and seamless connection to all the major card payment schemes, via its proprietary full-stack technology.
With this agreement, Checkout.com becomes one of the very few acquirers to offer straight access to all major card networks. Checkout.com is also one of the few pure play eCommerce acquirers to be awarded the JCB Licence in Europe.
Kimihisa Imada, President and COO of JCBI, commented: “Checkout.com is a fast growing, technology-driven acquirer that opens new avenues of growth in the JCB international expansion agenda. We are excited to partner with them, and extend the JCB brand to an array of new European customers through the Checkout.com seamless payment solution”.
Guillaume Pousaz, Founder and CEO of Checkout.com commented: “We are very pleased to have concluded this partnership and help JCBI drive acceptance further in Europe. This agreement is also the latest milestone in our licensing endeavours to support our acquiring solution, providing a strong base for an exciting growth path going forward”.