JCB, Stripe announce global partnership

Stripe and JCB now have a global partnership under which the JCB brand is accepted at all Internet merchants using the Stripe payment platform, in any currency. Stripe merchants will be able to access a wider range of consumers, and JCB card members, in turn, will be able to purchase products and services from Stripe merchants

Stripe provides multicurrency payment processing for tens of thousands of merchants worldwide, from startups to major corporations. Stripe officially launched in Japan in 2016, and has served a wide variety of online business. JCB, the only international payments brand based in Japan, has a global payment acceptance network to serve the over 110 million JCB card members living in 24 countries and regions.

"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 memorandum of understanding (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."