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JCBI partners with Caixa Economica Federal

Tuesday 10 September 2013 09:05 CET | News

JCB International (JCBI), a Japan-based global payment brand and credit card issuer and acquirer, has entered an agreement with Latin American financial institution Caixa Economica Federal (CAIXA) for the issuing of JCB cards in Brazil aiming to start in April 2014.

Starting with credit cards for a total of 5 million accounts in the next 3 years, CAIXA plans to add debit and prepaid JCB brand cards in the near future.

JCB is a global payment brand with over 24 million merchants and 80 million card members around the world. In Brazil, with a partnership with Cielo, a Brazilian credit card acquirer, JCB card is now accepted at all of the more than 1.2 million Cielo merchants.

In recent news, JCBI, a Japan-based global payment brand and credit card issuer and acquirer, has unveiled that Bangladesh-based financial institution BRAC Bank starts JCB merchant acquiring operations in Bangladesh based on a license agreement.


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Keywords: JCBI, Caixa, Brazil, cards
Categories: Payments & Commerce
Companies:
Countries: World
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