UNITED STATES | Paymentwall, one of the leading global payment platforms for digital goods and services, now supports the processing of JCB credit cards for its ecommerce merchants through their payment gateway. That can be derived from their company blog from last week.
Japan Credit Bureau
JCB (Japan Credit Bureau) is an international credit card system founded in Japan in 1961. Not only is it the leading online payment method in Japan, but it’s also popular in other countries.
JCB issues millions of cards every year and as of 2014 there were more than 84 million JCB credit cards in circulation worldwide. While the majority (67.1 million) of JCB cardholders reside in Japan, the card is issued in 16 other regions in Asia, Europe, the Middle East and in the US. Over 17.4 million JCB cardholders are outside of Japan and projections indicate further foreign growth.
JCB Card Usage and Acceptance
JCB cards are widely accepted in more than 190 countries worldwide and the card company is entering into more relationships with local and global payment providers and banks to help increase the use of JCB card in markets outside of Asia.
According to JCB, JCB branded credit cards are used to make more than USD $199 billion in processed volume each year. JCB expects its sales to continue growing steadily in the next years, especially as more online companies accept JCB card payments.
Japanese Credit Card Usage Online
Japanese users are known for their appetite for games, digital content purchases and mobile purchases. By accepting JCB credit cards, merchants will be opening up to an enormous market of Japanese customers willing to make online purchases with JCB.
Merchants willing to accept JCB cards
For Paymentwall merchants is it easy to start accepting JCB cards online. They simply access their Paymentwall merchant account and activate the JCB brand. If you are not a Paymentwall merchant, register for a Paymentwall merchant account and use the documentation guide to integrate Paymentwall's API into your website or application. Click here to go to Paymentwall's website for more information.
Paymentwall is the leading all-in-one global monetization platform for digital goods and services. Paymentwall’s fully customizable payment platform is localized in 200+ countries, providing more than 100 popular local payment options including credit and debit cards, bank transfers and direct debit payments, eWallets, prepaid cards, mobile and landline payments and payment kiosks/terminals. Their headquarters are located in San Francisco, with other offices in Las Vegas, Berlin, Amsterdam, Istanbul, Kiev Manila, Hanoi, and Beijing.
Sourced from Paymentwall Blog, October 23rd, 2014.