ACB and JCBI launch credit and debit card in Vietnam

Source: Asia Commercial Bank

Asia Commercial Bank (ACB), a leading commercial bank in Vietnam, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., has announced the launch of the first JCB debit card in Vietnam.

ACB and JCBI, have launched ACB-JCB Credit and Debit Card to diversify the products to meet various demands of customers in Vietnam. The launch event was held today to commemorate ACB's joining the member of issuing international card bearing JCB brand in Vietnam. ACB has become the first issuer to issue JCB debit card in Vietnam.

The holders of ACB-JCB card can access to JCB acceptance network with about 28 million merchants and over a million ATMs in 190 countries and territories, and enjoy a lot of benefits provided by ACB such as 15-minute debit card issuance, free insurance services for ATM assault, and special privileges at selected merchants and customer service at JCB Plaza, overseas service counter available at 61 locations around the world. Besides that, ACB will start the promotion that cardmembers of ACB-JCB Credit Card and ACB-JCB Debit Card can enjoy free annual fee for the 1st year and receive a cash back up to 100% for the first payment transactions by ACB-JCB card.

Nguyen Thi Hai - Executive Vice President of ACB stated, "ACB is one of the leading retail banks in Vietnam. We believe that the cooperation with JCBI not only boosts the ACB's card business but also makes the JCB brand name more familiar in Vietnam."

Koremitsu Sannomiya, President & COO of JCBI said, "We entered Vietnam in 1991 to increase JCB card acceptance especially at shops and restaurants for Japanese tourists. With the potential of the Vietnamese market with its big population and steady economic growth, we consider Vietnam one of the most important markets for card issuing. I am very pleased to cooperate with ACB who has a solid position and am certain that this partnership will help both entities grow our business in the market."

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