La Banque Postale has joined forces with JCB, the Japan-based card issuer and acquirer and global payments brand, in an effort to facilitate payment transactions for JCB cardmembers throughout France.
By partnering with La Banque Postale, JCB can now offer a range of benefits to its card members. La Banque Postale has a strong physical presence across France, with 17,000 points of contact including 7,000 post offices, and an extensive network of 6,000 ATMs.
This long-term collaboration will be rolled out in phases, with the first of these seeing La Banque Postale’s ATMs made available to JCB cardmembers. In the second phase, JCB cardmembers will be able to pay for their purchases in France directly on the terminals of retailers affiliated with La Banque Postale. The final phase will also see additional acceptance at online locations as part of JCB’s growing global merchant network.
Jean-Marc Vedrune, director of electronic payment at La Banque Postale, explained: “This strategic partnership with JCB, represents a significant step forward in facilitating payment transactions especially for international tourists and professionals travelling to France.
“With a history of involvement in various international payment initiatives, both in terms of transfers and the acceptance of foreign cards in our network, it shows our joint commitment to meeting the needs of our customers, with JCB being the ideal partner for us to provide seamless and secure transactions.”
Bolstering international payments
Ray Shinzawa, managing director of JCB International (Europe) Ltd, also commented: “With more and more JCB cardmembers planning their next vacation in Europe, France remains a popular destination for travellers looking to make the most of their time abroad – whether for leisure or business purposes. This is why we’re excited to be partnering with La Banque Postale, one of France’s leading financial organisations, to offer our over 156 million cardmembers even more ways to spend easily and conveniently throughout France.”
As a member of the European Payments Initiative (EPI) and committed to international payments, La Banque Postale remains a major player on the payments front.
This partnership with JCB is in line with the growing need for foreign tourists to be able to use their credit cards to make payments in France.
For JCB, ensuring that cardmembers have easy and expanded access to their preferred payment choice is a high priority. It explained that France is a key market, and the collaboration with La Banque Postale is an important pillar in JCB’s strategy to increase its acceptance across Europe.
