Stripe has announced it is rolling out JCB acceptance to businesses in more countries, starting with Canada, Australia, and New Zealand.
According to the press release, online payments company Stripe made JCB acceptance available to more businesses starting with Canada, Australia, and New Zealand, and more to come. This lets global businesses, from ecommerce sites in Canada to subscription services in Australia, transact with JCB cardholders. JCB is a Japan-based credit card network with over 135 million cardholders worldwide and a high share-of-wallet in Japan. Therefore, businesses using Stripe in Japan can automatically accept payments with JCB.
Moreover, the onboarding process is automatic after a Stripe account is activated and, in most cases, doesn’t require any additional steps from users. Besides, the API call to charge a JCB card is identical to that for charging any other card. Consequently, users don’t have to make any code changes to support these customers.
Regarding ecommerce in Japan, it continues to expand, while cross-border ecommerce is also increasing. This increase in user demand can be addressed by global businesses using the same payment platform they use for other payments, without requiring any code changes or, in most cases, back office work. Accordingly, Stripe plans to build more products with local sensibilities in the future.
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