Tokyo, Jan 8, 2010 - (JCN Newswire) - JCB, the only international credit card brand based in Japan, and its international subsidiary JCB International (JCBI) today announced an alliance with China Construction Bank (CCB), a major commercial bank in China, for the issuing of JCB brand credit cards in China. CCB today started soliciting applications for its new Transformers Credit Card with card designs featuring the robot toys popular in Japan, China, and around the world.
CCB, originally one of China's four major state-owned banks, has a branch network extending throughout the county and a firm customer base. As the bank is aggressively building its credit card business, JCB expects to increase JCB cardmembers in China through this partnership. For CCB, partnering JCBI and adding the major international credit card payment brand JCB that originated in Japan will strengthen CCB's product line, enhance customer service, and further increase customer base. In building the partnership and developing the Transformers Credit Card, JCB contributed its expertise in co-brand program development from its knowledge and experience in the credit card business in Japan.
Since 1982, JCB and JCBI have been expanding JCB card acceptance in China to increase convenience for JCB cardmembers. Currently JCB has alliances with eleven partner banks and financial institutions for merchant acquiring, and approximately 80,000 merchants now accept JCB cards for payment. JCB brand card issuing to consumers in China has also been expanding to meet the growing needs of the market for international credit cards. In addition to CCB, Bank of China, Bank of Shanghai, China Everbright Bank, China Merchants Bank, Shanghai Pudong Development Bank, China Minsheng Banking Corporation, Industrial and Commercial Bank of China and Ping An Bank have already launched JCB brand credit cards issuing programs, and the cardmember base is more than 2.5 million in the country.
JCB and JCBI are expanding partnerships for JCB brand card issuing with Chinese financial institutions by strategically utilizing the knowledge, skills and network that JCB built in the credit card business in Japan for almost half a century, and are committed to developing and providing high-quality service to meet the diverse needs and lifestyles of China's consumers.
About the Transformers Credit Card
The international credit card for Transformers fans with designs featuring the robot toys popular around the world. The popularity of the Transformers is based on the recent hit live-action movies released in China and around the world, as well as TV animation and video games. Fans can choose their favorite Transformer character from four different designs, earn points exchangeable for original Transformer toys, and enjoy many other attractive services including JCB international brand functions and services and CCB credit card functions and services.
Camsing Investment (Group) Company Limited, a major copyright company based in Hong Kong, cooperated with CCB in the launch of the Transformers Credit Card.
Major functions and services
Available to Residents of China
Card types Standard only
Annual fee RMB 80. Fee is waived if card is used at least
three times during the year.
Major functions
and services Select from four card designs.
Dual-currency (USD and RMB).
CCB credit card functions and services.
JCB international brand functions and services
Earn points exchangeable for original
Transformer toy rewards.
About JCB
JCB is a major 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 over 23 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 16 countries and territories, with more than 79 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 cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english .
Contact:
Kazumi Kinoshita
Supervisor
Corporate Planning
JCB International Co., Ltd.
+81-3-5778-8390
kazumi.kinoshita@jcb.co.jp
Jan 8, 2010
Source: JCB
JCB
From the Japan Corporate News Network
http://www.japancorp.net
Topic: New Product
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