As a result of the cooperation between japanese JCB Co. International and ACBA-CREDIT AGRICOLE BANK the service of JCB cards launched in Armenia.
JCB is one of the largest international payment brands. It has more than 110 million JCB card members in 24 countries and regions. Currently JCB cards are accepted at around 30 million merchants in the world.
Hakob Andreasyan, the Chief Executive Director of ACBA-CREDIT AGRICOLE BANK, commented: “We are glad to announce that ACBA-CREDIT AGRICOLE BANK has started the servicing of JCB cards in Armenia. The whole ATM network of the Bank will soon be upgraded with the functionality to accept JCB cards and the merchants collaborating with the Bank in card servicing also have the opportunity to activate and accept JCB cards on the POS terminal devices installed in their stores. Before this an extensive acceptance of JCB cards like this was not possible in Armenia. This is a new stimulus for the development of tourism in Armenia, as tourists visiting Armenia can now freely make payments at Armenian merchants using their JCB cards, as well as withdraw cash using the Bank’s ATM network and the branches. We are sure that our cooperation with JCB brand will bring a new level of convenience and opportunities for mutual customers.”
Yuichiro Kadowaki, the Senior Deputy Director of JCB International (Eurasia) LLC commented: “The partnership with a leading financial bank of Armenia is a remarkable step forward for JCB to raise its presence in the CIS market. This is a significant moment for JCB card members around the world, especially for Russian JCB card members as Armenia is one of the key business and tourist destinations for Russians. In addition, as last year the visa-free regime for Japanese tourists was granted, a growing flow of tourists from Japan is also expected. The expanding of JCB card acceptance in Armenia will bring more benefits and convenience to JCB card members.”
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