Stripe and JCB sign MoU
Stripe, Inc. and JCB Co., Ltd. announced the signing of an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment platform.
The global partnership will enable JCB brand acceptance at merchants using the Stripe payment solution, in any local currency around the world. Stripe merchants will be able to access a wider range of consumers, and JCB cardmembers, in turn, will be able to purchase products and services from Stripe merchants.
“Our partnership with JCB will enable Stripe merchants in Japan to begin accepting payments from more than 110 million JCB cardmembers – and hundreds of thousands of Stripe businesses outside of Japan will also soon be able to accept payments from JCB customers,” said Claire Hughes Johnson, COO of Stripe. “With less than 6% of commerce in Japan today online, there’s an enormous opportunity to enable a whole new generation of online businesses in Japan and around the world.”
Kimihisa Imada, President of JCB International, the international operations subsidiary of JCB, remarked, “Signing the global partnership MOU with Stripe, which provides multicurrency online payment processing to merchants around the world, gives us a way to offer even more convenient payment to our JCB cardmembers worldwide. JCB is committed to providing more attractive products and services to our customers now and in the future”.