Network International, (LSE: NETW), the leading payment solutions provider in the Middle East and Africa region, has partnered with JCB International Co., Ltd. (JCBI), international operations subsidiary of JCB Co., Ltd., to launch JCB Contactless acceptance in the UAE.
JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan, used by more than 123 million cardholders and accepted at 30 million locations globally. Based on EMV ® contactless communication protocols, the global standard for contactless payment, JCB Contactless provides JCB cardmembers a secure, simple, and fast way to pay by simply tapping their card or mobile phone on an NFC-enabled reader to pay.
Following the partnership, JCB Contactless will be enabled across Network International’s extensive network of physical and online UAE-based merchants including Abu Dhabi and Dubai Duty Free shops, Dubai taxis and metro stations.
Kimihisa Imada, President and COO of JCBI, said, “We have seen a significant uptake in JCB Contactless issuing with our partners across the globe. This frictionless payment method will allow our cardmembers to experience more convenience and simplicity when purchasing. We thank Network International for their ongoing support and partnership. JCB Contactless payment provides a simple and more convenient purchasing experience for visitors to the United Arab Emirates and at the same time is quick and easy for merchants to accept.”
“As the UAE’s largest merchant acquirer, we are delighted to enable JCB Contactless acceptance and offer JCB cardholders from across the world a seamless and convenient payment method,” said Samer Soliman, Managing Director, Middle East at Network International. “As consumers’ payment preferences evolve, we are delighted to support our network of merchant partners to keep pace with new technologies, offering them a competitive edge.”
*JCB Contactless: The JCB brand contactless payment solution that is compliant with NFC and EMV® Contactless Communication Protocol Specifications. (EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo.)
Contributed | what does this mean?