Electronic payments firm PayMaya and credit card operator JCB have forged a new partnership that allows JCB card members to use their cards at online merchants that use PayMaya Checkout as their payment gateway.
PayMaya and JCB also plan to issue co-branded cards in the future.
The partnership will benefit all JCB card members in the Philippines and overseas. JCB is a pioneer in the Japanese payment card industry with over 70 million card members and 95M in total worldwide.
In 2017, JCB card members will also be able to transact in big retail outlets in the Philippines but also in micro- and small-medium enterprises including local boutiques, food carts, and community stores which offer a unique shopping experience through PayMaya Swipe and Touch.
These outlets prefer more affordable and easier payment acceptance solution like PayMaya Swipe, Checkout, and Touch.
“The Philippines is one of the most important markets for JCB’s global business expansion and we are pleased to welcome our new partner to the JCB network,” said Kimihisa Imada, deputy president of JCB International.
“I am certain that this partnership with PayMaya will bring more benefits and convenience to all JCB card members, especially in the e-commerce space. We are also looking forward to exploring further business opportunities such as ‘PayMaya-JCB Card’ issuance soon.”
JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 31 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 21 countries and territories, with more than 95 million card members.
As part of its international growth strategy, JCB has formed alliances with banks and financial institutions globally to increase merchant coverage and card member base.
For online payment, PayMaya Checkout API is easy to integrate in websites or apps. The process involves three simple steps: integration to sandbox environment, testing, and production.
The Philippine Airline’s mobile website and its recently launched online boutique, and the online gadget store Kimstore are powered by PayMaya Checkout.