This new deal ensures Planet will perform as a JCB acquirer across European territories for both face-to-face and ecommerce transactions, including JCB Contactless, with J/Secure™ 2.0-enabled ecommerce to be offered online in early 2022.
Planet provides integrated digital payment services on a unique single platform that offers acquiring, processing, digital wallets, VAT refund and currency conversion services to merchants in the retail, hospitality, food and beverage, parking, and financial sectors. As of now, Planet serves over 70 markets, having over 100 bank partners, and over 600,000 merchant partners.
JCB is a major global payment brand and a 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 about 36 million merchants across the world. JCB Cards are now issued mainly in Asian countries and territories with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of banks and financial institutions globally to increase its merchant coverage and card member base.
Planet serves 600,000 merchants and 100 partner banks across more than 70 markets on five continents. Planet is co-owned by Advent International and Eurazeo.
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