TOKYO - JCB International Co., Ltd, the international operations subsidiary of JCB Co., Ltd., is pleased to announce that they have opened an office in Kuala Lumpur, Malaysia under its subsidiary in Singapore, JCB International Asia Pacific Pte Ltd.
With the recent elevation of bilateral relationship between Japan and Malaysia, ties have been strengthened between both countries, leading to increased tourism flow. Given JCB's position as a leading international payment brand from Japan, opening an office in Malaysia will allow JCB to better support and facilitate the increased goodwill and friendship between the peoples of both countries and indirectly contributing positively to Malaysia's economic development and quality of life.
As the implementation of Bank Negara's Financial Sector Blueprint (2011 to 2020) gathers momentum and achieves systematic migration to electronic payments, JCB aims to cooperate with customers to be a valuable partner in this vision via its innovative products as well as flexible approach.
Vincent Ling, Managing Director of JCB International Asia Pacific Pte Ltd commented, "Our commitment in Malaysia is in line with JCB's global strategy to grow our business in Asia. We will continue to support our customers in the market to expand their business as well as to launch new differentiated payment products that is relevant to their target customers."
JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 29 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 19 countries and territories, with more than 89 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and card-member base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. More information about JCB is also available on the website: www.jcbcorporate.com/english
Note: JCB statistics are as of the end of March 2015.
JCB International Co., Ltd.
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