Tuesday, 21 January 2020, 15:00 HKT/SGT
LONDON, Jan 21, 2020 - (ACN Newswire) - JCB International, Co., Ltd., the international operations subsidiary of JCB
Co., Ltd., and Nordic-based payment service provider Nets Group, today announce the wider enablement of JCB payment
acceptance by Nets merchants in Finland.
This latest strategic expansion initially enables over 18,000 businesses across Finland to accept JCB payments through
the Nets Merchant Services platform. This will provide JCB's growing Russian and Japanese cardmember base with the
opportunity to shop with ease and peace of mind whilst they visit the country.
JCB and Nets Merchant Services will continue, during 2020, to enable well known consumer brands in Finland to further
increase JCB acceptance across the country.
This ongoing partnership strengthens JCB's coverage across the Nordics, and further enhances the payment brand's goal to
expand its network of 33 million merchant partners and provide a unique and seamless shopping experience to its 136
million global cardmembers.
Mr. Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd., said: "The growth of JCB acceptance in Finland
further aids our intent to expand even further afield by working with more partners in markets where our cardmembers
demand it. This includes our growing base of cardmembers in Russia, so they can pay for goods and services."
Petri Carpen, Head of Large Accounts at Nets in Finland said: "Finland is an important gateway for JCB's Asian
cardmembers visiting Europe. According to Visit Finland 2017 data, the number of trips made by Chinese visitors to the
country rose 63 percent, with spend averaging 1,263 euros per person per trip, outspending visitors from all other
countries. This initial phase of JCB acceptance will enable our merchants across Finland to tap into this increasingly
important tourism channel."
About Nets Group
At Nets, we see easier products and solutions as the foundation for growth and progress - both in commerce and society.
With headquarters in Copenhagen, Denmark, and more than 4,000 employees located across Europe, we help financial
institutions, businesses and merchants across Europe make tomorrow a little easier for their customers while delivering
unrivalled security and stability. Powering payment solutions for an easier tomorrow.
About JCB
JCB is a major 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 over 33 million
merchants and over a million cash advance locations in the world. JCB cards are now issued in 24 countries and
territories, with more than 136 million Cardmembers. As part of its international growth strategy, JCB has formed
alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and
Cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality
service and products to all customers worldwide.
ends