First Data Corp (NYSE:FDC) And JCB Allow JCB J/Speedy Contactless Approval With Major Merchants In Hong Kong

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JCB International Co., Ltd., global operations subsidiary firm of JCB Co., Ltd., has introduced JCB J/Speedy in association with First Data Corp (NYSE:FDC) in Hong Kong. JCB J/Speedy marks as the JCB brand contactless payment offering. Its users just tap their mobile phone or card on a reader to pay.

The details

Now the users can pay at major global restaurant chains as well as at duty free outlets utilizing JCB J/Speedy. First Data will support the fast expansion of JCB J/Speedy approval in Hong Kong throughout next year followed by additional nations across the Asia Pacific region.

Kimihisa Imada, the COO and President of JCB International, stated that this frictionless payment process will enable their card members to experience more simplicity and convenience when buying. They thank First Data for their ongoing partnership and competence. JCB J/Speedy payment offers more convenient and an enhanced purchasing experience for residents of Hong Kong as well as inbound travelers. At the same time, it is convenient for merchants to accept.

Ivo Distelbrink, the EVP, Head of Asia Pacific at First Data, expressed that going cashless is a major objective of many nations in the Asia Pacific region. Allowing contactless payments is a measure in the right direction, providing an easy, secure and quick way to pay. They are thrilled to be associating with JCB to introduce the JCB J/Speedy contactless payment offering in Hong Kong where company provides truly integrated, OCH solutions that allow commerce for a large count of major merchants in the Hong Kong market.

JCB is a major international payment brand and a prime payment card acquirer and issuer in Japan. The company introduced its card operations in Japan in 1961 and started expanding globally in 1981. As part of its global growth plan, JCB has established alliances with several financial institutions and leading banks internationally to increase card member base and merchant coverage.