25 May 2015

Cambodian bank Acleda starts accepting JCB cards

29 January 2014  |  708 views  |  0 Source: JCB International Co.

JCB International Co., Ltd. ("JCBI"), the international operations subsidiary of JCB Co., Ltd., has started JCB merchant acquiring operations with ACLEDA Bank Plc. ("ACLEDA"), one of the major commercial banks in Cambodia.

With this launch, JCB cards will be accepted at over 650 locations throughout the country.

Cambodia is a rapidly growing country with more than 6% of annual economic growth rate since the beginning of 2000s, and increasing attractiveness as a new investment destination as well as other Mekong region countries. It is expected that there is growing demand for acceptance of payment cards from business visitors and tourists coming to Cambodia.

Mr. Kimihisa Imada, Deputy President of JCBI, said, "I believe that the acceptance of JCB cards by ACLEDA will improve the brand awareness of JCB and bring more benefit and convenience to merchants and JCB cardmembers visiting the country."

"We expect that the need for payment card acceptance will further grow in Cambodia because an increasing number of people are visiting this country every year. We feel it is important for us to cater to such need particularly among JCB cardmembers in neighboring countries such as Thailand and Vietnam. We look forward to exploring further business opportunities such as card issuance in the near future, and establishing win-win relationship with ACLEDA," he added.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Cash overtaken by non-cash payments in the...
6933 views comments | 48 tweets | 31 linkedin
UK opts out of European online payments se...
6127 views comments | 19 tweets | 15 linkedin
MasterCard launches personal payments serv...
5989 views comments | 15 tweets | 28 linkedin
US banks bid to crack down on 'card cracki...
5589 views comments | 8 tweets | 10 linkedin
Metro Bank to offer consumer loans via Zop...
4828 views comments | 29 tweets | 21 linkedin

Featured job

Competitive base, bonus, stock options
London, UK

Find your next job