|By JCN Newswire||
|September 9, 2013 09:02 PM EDT||
JCB is a global payment brand with over 24 million merchants and 80 million cardmembers around the world. In Brazil, with a partnership with Cielo, Brazil's largest credit card acquirer, JCB card is now accepted at all of the more than 1.2 million Cielo merchants, representing almost every credit card accepting merchant in Brazil.
CAIXA has a nationwide network of branches in every city, town and village in the country with 60 thousand service locations (branches, ATMs, and lottery offices) and has issued a total of 87 million credit and debit cards. CAIXA also has relevant participation in the Brazilian bank market, making fundamental contributions to urban development and social welfare, and always looking for new opportunities to offer the best services to its customers.
Koremitsu Sannomiya, President & COO of JCBI, commented, "Brazil has become the focus of world attention by hosting the 2014 FIFA World Cup and the 2016 Olympic Games, and we anticipate the payment market to grow in this country. We are taking this opportunity to increase JCB brand awareness in the region as a whole by providing our unique value to our new partner, CAIXA, which has strong appeal for the middle-income class that continues to expand."
Fabio Lenza, Vice President of CAIXA, said, "As the payment card market grows, consumer demand for a wide variety of payment schemes including credit, debit and prepaid will increase. We look forward to launching new products and services with the unique JCB brand value that has been built in Japan and the rest of Asia."
Total assets: More than R$ 814 billion
Branches and Service Locations, ATMs: 60,000 locations in all Brazilian municipalities
Credit Card Issued: 11 million cards
Debit Card Issued: 76 million cards
CAIXA is a government-run financial institution that plays an important role in implementing the public policy of the Brazilian government, developing urban areas, building infrastructure and carrying out social programs for lower income Brazilians. In addition, it provides public services to workers and pensioners, and takes initiatives for supporting cultural, social and sport programs for all Brazilians.
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 24 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 80 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 provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english
JCB International Co., Ltd. Ayako Tanaka, Junko Asaoka Corporate Planning Phone: +81-3-5778-8390 Email: firstname.lastname@example.org Caixa Economica Federal Public Relations Department of CAIXA Phone: +55-61-3206-4487 / 9298 www.caixa.gov.br/imprensa Email: email@example.com
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