HONG KONG and LONG BEACH, N.Y., May 11, 2018 /PRNewswire/ -- Planet Payment, Inc., a leading provider of international and multi-currency payment processing services, today announced that Planet Payment is providing authorization services to JCB merchants in Hong Kong, as of March 8th 2018. Planet Payment now supports both authorization and settlement services for JCB in Hong Kong.
"We are pleased to announce we have extended our partnership with Planet Payment, to now include high security authorization as well as reliable settlement services," said Toru Yamaguchi, Executive Vice President at JCB. "We have been partners with Planet Payment since 2009, and are happy to expand the scope of our engagement."
"Planet Payment is thrilled to expand our relationship with JCB to now include authorization as well as settlement for merchants in Hong Kong," said Tommy Chau, Managing Director, Asia Pacific at Planet Payment. "JCB is a global leader in the payments industry, and we look forward to continuing to work with them in the future."
JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and card member 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, please visit: www.global.jcb/en/, www.hk.jcb/zh/.
About Planet Payment
Planet Payment, a leading provider of international payment and multi-currency processing services, is wholly owned by Fintrax Group, a leader in multi-currency digital payments processing. With over 30 years' experience, we serve 300,000 merchants, over 100 partner banks, and process $15BN in transactions. We employ more than 1,000 people across 30 office locations in 55 countries over five continents. The Company's point-of-sale and e-commerce services help merchants sell more goods and services to consumers and, together with ATM services, are integrated within the payment card transaction flow. This enables acquiring customers, their merchants and consumers to shop, pay, transact and reconcile payment transactions in multiple currencies, geographies and channels.