JCB and Fiserv Team to Increase Card Acceptance in Europe

JCB cards can now be accepted by merchants in the United Kingdom, Germany and Poland.

This expansion follows JCB International’s formation of a new multiregional collaboration with Fiserv, which provides payments and financial services technology solutions globally and enables card acceptance for tens of thousands of merchants in Europe, the companies said in a Tuesday (April 4) press release emailed to PYMNTS.

“This collaboration will allow secure, convenient and speedy payment gateways for our JCB cardmembers and the valued merchant clients of Fiserv,” JCB International (Europe) Managing Director Ray Shinzawa said in the release. “We look forward to our continued work together and admire the determination of Fiserv towards making a positive business impact on its growing merchant network and our international cardmembers.”

The new collaboration with Fiserv will enable the acceptance of JCB cards at both the physical point of sale and in eCommerce. It encompasses both JCB Contactless, which allows in-store payments, and J/Secure, which is compliant with the EMV 3-D Secure, according to the release.

The collaboration is part of JCB’s plan to increase its card acceptance rates across Europe, the release said.

“In an interconnected world, consumers value the ability to pay wherever and whenever they want, using their preferred payment method,” Fiserv Head of Merchant Product for EMEA Sebastian Gollwitzer said in the release. “Our partnership with JCB will enable businesses to broaden consumer payment options, simplify payments acceptance and accelerate growth.”

This announcement comes on the heels of other partnerships announced this year by Fiserv.

The firm teamed up with Central Payments to help companies launch new financial products March 20.

With the combination of Fiserv’s solutions and Central Payments’ Open*CP Fintech API marketplace, FinTechs, enterprise businesses and payment facilitators can access comprehensive and regulated core banking and payment services.

About six weeks earlier, on Feb. 9, Accelitas added Fiserv’s real-time data to its bank account validation (BAV) solutions to help businesses grow while creating less friction for the customers.

BNY Mellon teamed with Fiserv Jan. 23 to offer financial institutions faster foreign exchange (FX) rate quotes.

With this collaboration, financial institutions that use Fiserv’s FX services can access BNY Mellon’s real-time FX rate quotes in more than 120 currencies without the need for additional integration.