Credit Europe Bank will be accepting JCB credit cards across its network of ATM and point of sale (PoS) terminals in Russia.
The bank’s acquiring network includes more than 11,000 PoS terminals and 514 ATMs. The bank also provides acquiring services for major retailers including IKEA, Metro Cash & Carry, Marks & Spencer, Gap, Banana Republic and US Polo Assn.
Takashi Suetsugu, general manager of JCB International, said: “JCB started card issuing business with local banks in Russia in 2015 and the cardmember base has been expanding. The partnership with Credit Europe Bank will make JCB cardmembers feel more comfortable to use their cards, enhance JCB presence in the market and increase JCB brand awareness.
“Opening the Credit Europe Bank network to JCB will also allow millions of visitors to Russia to use familiar services here.”
Anton Ryazanov, head of payment systems and key partners management department at Credit Europe Bank, added: “We are pleased to be among the banks which accept JCB cards and we are positive that this partnership will benefit both our businesses.
“JCB will gain wider JCB card acceptance, and we will significantly improve our services by providing partners the opportunity to expand the range of payment cards they accept and attract more new customers from all over the world.”
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