JCB WORLD REPORT Key Statistics - JCB Co., Ltd. · JCB WORLD REPORT JCB International ... for Japan...

8
1 No.58 JCB WORLD REPORT NPCI and JCBI Enabled Acceptance of JCB Cards across ATMs & POS Terminals in India O n 4 May 2017, National Payments Corporation of India (NPCI) and JCBI announced the launch of JCB Card acceptance at ATMs and POS terminals in India. Through this strategic partnership, JCB Card acceptance coverage in India will reach about 100 per cent for both ATMs and POS terminals in the coming few years. This development enables JCB to serve the increasing number of tourists and business professionals, especially from Asia where JCB has a large number of cardmembers, with payment options at ATM and POS in India. The scope of this strategic partnership also covers issuance of RuPay-JCB Co-Badged Cards by NPCI member banks in India. This works as a RuPay Card in India and as a JCB Card outside the country. Mr. A. P. Hota, former Managing Director & CEO of NPCI, said, “The NPCI-JCB collaboration is one of the most valued alliances for our homegrown card network, RuPay. We are pleased to provide access to about 225,000 ATMs and over 2 million POS terminals in India through our National Financial Switch and RuPay network. With such initiatives, both companies will continue to provide high value service to our esteemed customers.” Mr. Ichiro Hamakawa, President and CEO of JCB and Chairman and CEO of JCBI, said, “India, with its very large population and rapidly growing economy, has become a key market for our global expansion strategy. This business launch is a crucial step for us. In fact, this is one of the most meaningful moments in the history of JCB's global business in that 100% of the POS and ATM in India will be accepting JCB Cards. Also, I hope this launch can contribute to the success of The Year of Japan-India Friendly Exchanges, which was agreed between both governments.” New KBank JCB Credit Card for Japan Enthusiasts and Travelers O n 20 June 2017, Kasikornbank (KBank), a major commercial bank in Thailand, and JCBI introduced the KBank JCB Credit Card, offering a wide range of attractive privileges to accommodate Japanese culture and lifestyles. Mr. Pipit Aneaknithi, KBank President, explained, “The popularity of Japan has continued to flourish in Thailand. Being among the most-visited destinations of Thai travelers, Japan welcomed 900,000 tourists from Thailand in 2016, generating the sixth-highest tourism receipts of worldwide visitors. In addition to charming shopping venues and unique cultural tourism sites, appealing marketing activities and promotional campaigns have been added as attractions for Thai customers”. On account of all this, KBank has partnered with JCBI to launch the KBank JCB Credit Card under the concept, “Superb Deals! for Japan Lovers”. There are Platinum, Gold and Classic cards, beautifully designed in a modern Japanese style. More fun is found with card envelopes in a moiré pattern that is animated when the card is pulled out of the envelope, unique among credit cards in Thailand. The KBank JCB Credit Card offers multiple exclusive privileges selected for Japan lovers to enjoy their experiences both in Thailand and Japan. Cardmembers, especially career people, who prefer Japanese food or shopping for Japanese brands, will get many more discounts and special offers from airlines, hotels and leading stores. Mr. Kimihisa Imada, President and COO of JCBI, commented, “Thailand is one of JCB's top markets for business expansion and service provision to JCB cardmembers because of the growing popularity of Japanese culture in Thailand. The present cooperation with KBank is an important step for JCB's business strategy in Thailand, given that KBank is the market leader in the merchant business and credit card spending, as well as being JCB's strong business partner. This cooperation will offer KBank JCB cardmembers greater convenience in spending and traveling in both Thailand and Japan.” Note: Job titles and departments are those at the time of the event. At the ceremony.

Transcript of JCB WORLD REPORT Key Statistics - JCB Co., Ltd. · JCB WORLD REPORT JCB International ... for Japan...

1

No.58

JCB WORLD REPORT

JCB International Offices JCB PLAZA LoungesAsia / Pacific

❶ JCB International Business Consulting (Shanghai) Co., Ltd.❷ JCB International Business Consulting (Shanghai) Co., Ltd. Beijing Branch

❹ JCB International (Asia) Ltd.❺ JCB International (Taiwan) Co., Ltd.❻ JCB Card International (Korea) Co., Ltd.❼ JCB International Asia Pacific Pte. Ltd.

10 JCB International Holding (Thailand) Co., Ltd.11 JCB International (Thailand) Co., Ltd.

13 The Representative Office of JCB International (Thailand) Co., Ltd in Hanoi14 The Representative Office of JCB International (Thailand) Co., Ltd in Ho Chi Minh

12 JCB International (Thailand) Co., Ltd. Yangon Branch

15 PT. JCB International Indonesia16 JCB International (Oceania) Pty Ltd.17 JCB CARD INTERNATIONAL (SOUTHASIA) Pte. Ltd.

❸ JCB International Co., Ltd. Beijing Representative Office

❽ JCB International Asia Pacific Pte., Ltd. Manila Branch❾ JCB International Asia Pacific Pte., Ltd. Malaysia Branch

18 JCB International Co., Ltd. Dubai Representative Office

Middle East/Africa

Americas

19 JCB International Credit Card Co., Ltd. U.S. Head Office20 JCB International Credit Card Co., Ltd. Los Angeles Branch21

23

22

2425

26

27

28

2930

31

32

JCB International Credit Card Co., Ltd. New York Office

JCB International Credit Card Co., Ltd. Silicon Valley Office

JCB International Credit Card Co., Ltd. Honolulu Branch

JCB International (Micronesia) Ltd. JCB International do Brasil Administradora

de Cartões de Pagamento Ltda.

Europe

JCB International (Europe) Ltd. EMEA Head Office

JCB International (Europe) Ltd. Branch in Frankfurt

JCB International (Europe) Ltd. Branch in Paris

JCB International (Italy) S.p.A. JCB International (Europe) Ltd.

Branch in Madrid JCB International (Europe) Ltd.

Branch in Vienna

❶ Los Angeles❷ Honolulu❸ Guam❹ Hong Kong❺ Seoul

❻ Taipei❼ Singapore❽ Bangkok❾ Paris

JCB Plaza is a staffed service counter for JCB cardmembers located in many popular destinations around the world. JCB Plaza staff helps customers in multiple languages with information about the local area, make reservations at JCB merchants, give assistance in an emergency and answer travel-related questions.Locations of JCB Plazashttp://www.global.jcb/en/consumers/travel/plaza/?link_id=gben_top1 JCB also operates JCB Plaza Lounge, providing a relaxing lounge space in addition to JCB Plaza services.

JCB Head Office

★¡JCB Co., Ltd. Head Office 5-1-22 Minami Aoyama, Minato-ku, Tokyo 107-8686 Japan

¡JCB International Co., Ltd. 5-1-22 Minami Aoyama, Minato-ku, Tokyo 107-8686 Japan

ContactsKumiko KidaCorporate CommunicationsJCB International Co., Ltd.Tel: 81(3)5778 8353Fax: 81(3)5778 8354Email: [email protected]

JCB Head Office5-1-22 Minami Aoyama, Minato-ku,Tokyo 107-8686JAPAN

Issued date of JCB World Report #58: September 2017

(As of the end of September 2017)

1317

16

18

❸❷❶

❼15

1920

21

25

22

23

26

27

28

29

24

12

Key Statistics

Note: *JCB’s official transaction volume is based on Japanese Yen, and has been converted to USD with the exchange rate of March 31, 2017, which is USD1 = JPY112.19

(Unit: million)JCB Cardmembers

(Unit: US$ billion) ($1=¥120.61)JCB Merchants JCB Annual Transaction Volume*(Unit: million)

*Includes estimate

0102030405060708090

100110

20162015201420132012FY0

5

10

15

20

25

30

35

40

20162015201420132012FY0

20406080

100120140160180200220

240

20162015201420132012FY

236.8105.7

Russia/CIS

JCB International (Eurasia) LLC

(As of the end of June 2017)

❾ 14

33.1

❽1110

30

3132

NPCI and JCBI Enabled Acceptance of JCB Cards across ATMs & POS Terminals in India

On 4 May 2017, National Payments Corporation of India (NPCI) and JCBI announced the launch of JCB Card acceptance at ATMs and POS terminals in

India. Through this strategic partnership, JCB Card acceptance coverage in India will reach about 100 per cent for both ATMs and POS terminals in the coming few years.

This development enables JCB to serve the increasing number of tourists and business professionals, especially from Asia where JCB has a large number of cardmembers, with payment options at ATM and POS in India.

The scope of this strategic partnership also covers issuance of RuPay-JCB Co-Badged Cards by NPCI member banks in India. This works as a RuPay Card in India and as a JCB Card outside the country.

Mr. A. P. Hota, former Managing Director & CEO of NPCI, said, “The NPCI-JCB collaboration is one of the most valued alliances for our homegrown card network, RuPay. We are pleased to provide access to about 225,000 ATMs and over 2 million

POS terminals in India through our National Financial Switch and RuPay network. With such initiatives, both companies will continue to provide high value service to our esteemed customers.”

Mr. Ichiro Hamakawa, President and CEO of JCB and Chairman and CEO of JCBI, said, “India, with its very large population and rapidly growing economy, has become a key market for our global expansion strategy. This business launch is a crucial step for us. In fact, this is one of the most meaningful moments in the history of JCB's global business in that 100% of the POS and ATM in India will be accepting JCB Cards. Also, I hope this launch can contribute to the success of The Year of Japan-India Friendly Exchanges, which was agreed between both governments.”

New KBank JCB Credit Card for Japan Enthusiasts and Travelers

On 20 June 2017, Kasikornbank (KBank), a major commercial bank in Thailand, and JCBI introduced the KBank JCB Credit Card, offering a wide range

of attractive privileges to accommodate Japanese culture and lifestyles. Mr. Pipit Aneaknithi, KBank President, explained, “The popularity of Japan has continued to flourish in Thailand. Being among the most-visited destinations of Thai travelers, Japan welcomed 900,000 tourists from Thailand in 2016, generating the sixth-highest tourism receipts of worldwide visitors. In addition to charming shopping venues and unique cultural tourism sites, appealing marketing activities and promotional campaigns have been added as attractions for Thai customers”.

On account of all this, KBank has partnered with JCBI to launch the KBank JCB Credit Card under the concept, “Superb Deals! for Japan Lovers”. There are Platinum, Gold and Classic cards, beautifully designed in a modern Japanese style. More fun is found with card envelopes in a moiré pattern that is animated when the card is pulled out of the envelope, unique among credit cards in Thailand.

The KBank JCB Credit Card offers multiple exclusive privileges

selected for Japan lovers to enjoy their experiences both in Thailand and Japan. Cardmembers, especially career people, who prefer Japanese food or shopping for Japanese brands, will get many more discounts and special offers from airlines, hotels and leading stores.

Mr. Kimihisa Imada, President and COO of JCBI, commented, “Thailand is one of JCB's top markets for business expansion and service provision to JCB cardmembers because of the growing popularity of Japanese culture in Thailand. The present cooperation with KBank is an important step for JCB's business strategy in Thailand, given that KBank is the market leader in the merchant business and credit card spending, as well as being JCB's strong business partner. This cooperation will offer KBank JCB cardmembers greater convenience in spending and traveling in both Thailand and Japan.”

Note: Job titles and departments are those at the time of the event.

At the ceremony.

JCB WORLD REPORT #58

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LankaClear and JCBI Entered into a Strategic Partnership for Establishment of National Card Scheme in Sri Lanka

On 20 June 2017, LankaClear (Private) Limited (LankaClear), owned by the Central Bank of Sri Lanka and all licensed commercial banks operating

in Sri Lanka, and JCBI announced that they have entered into a strategic partnership for the establishment of the National Card Scheme (NCS). This partnership introduces the issuance of LankaPay-JCB Co-Badged Cards and jointly promotes the acceptance of such cards with JCB payment solutions.

By integrating JCB payment solutions to LankaPay participant members and leveraging the planned interconnection between the payment networks of LankaClear and JCB, the LankaPay-JCB Co-Badged Cards issued by LankaClear participant members will be accepted globally via the JCB international network and locally through the LankaClear network.

In addition, the strategic partnership will also facilitate the acceptance of JCB Cards at ATMs and merchants accepting LankaPay-JCB Co-Badged Cards across Sri Lanka. Both parties are targeting to complete the implementation and launch of the issuance and the acceptance of LankaPay-JCB Co-Badged Cards by the beginning of 2018.

LankaPay-JCB Co-Badged Cards will be the first-ever JCB branded cards issued in the country. The acceptance of internationally issued JCB Cards in Sri Lanka is expected to reach the same level of acceptance as the LankaPay-JCB Co-Badged Cards issued in Sri Lanka. This will meet the demand of tourists visiting Sri Lanka, especially those from India, which is the biggest tourist contingent to Sri Lanka and where JCB Card will be issued in the future.

Channa de Silva, General Manager and CEO of LankaClear,

said, “Our quest is to promote cost effective and efficient electronic transactions with the primary objective of reducing cash based transactions, thus, reduce the burden on the economy. In this context, NCS is one of the key elements in which we envisage to increase the usage of card based transaction in the country via our Common Card And Payment Switch (CCAPS). LankaClear identified JCB as the partner for NCS based on a set of stringent evaluation criteria and subsequently carried out extensive negotiations from the pool of proposals received from many international card schemes. The primary objective of the selection was to select the partner who would give the best value proposition to this national endeavor. Launching NCS in partnership with JCB payment solutions would be a significant milestone in the Sri Lankan payment ecosystem to reduce cash usage. I am confident that issuance of LankaPay-JCB Co-Badged Cards would strengthen the already established economic relationships and further enhance the exchange of cultural experiences for both nations.”

Yuichiro Kadowaki, Senior Vice President of JCBI, said, “We are pleased to be selected as the partner for the establishment of NCS and excited to contribute to this national endeavor with our payment solutions. As Sri Lanka is one of the most attractive travel destinations in the world, it is very important for JCB to expand and maintain better acceptance across the country as one of the aspects of the NCS project. In addition, accompanied with the stable economic growth in Sri Lanka, the number of Sri Lankans travelling is also bound to grow. JCB hopes that its extensive card acceptance network and customer oriented services and promotions throughout Asia, including in Japan, will be experienced and enjoyed by such LankaPay-JCB Co-Badged cardmembers. We will also explore the opportunity of introducing new payment technologies such as contactless payments and mobile payments in Sri Lanka. We are confident that the customers of LankaPay-JCB Co-Badged Cards will experience the benefit of emerging financial technologies in their daily lives as well as during their travel.”

Note: Job titles and departments are those at the time of the event.

At the ceremony.

JCB WORLD REPORT #58 JCB WORLD REPORT #58

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CB Bank Started to Issue JCB Debit Card in Myanmar

On 22 December 2016, Co-Operative Bank (CB Bank), a major commercial bank in the Republic of the Union of Myanmar, Myanmar Payment Union Public Co., Ltd.

(MPU), the national payment network founded by the Central Bank of Myanmar, and JCBI started to issue JCB Debit Card in Myanmar.

The CB MPU-JCB Co-Badged Cards combines the MPU brand and JCB brand. Cardmembers can use MPU's nation-wide merchant network in Myanmar and JCB's international merchant network.

The card offers 3 different card types, Platinum debit card, Gold debit card, and Standard debit card. All cardmembers can enjoy JCB privileges such as JCB Plaza, staffed service counters for JCB cardmembers located around the world. Also cash back and discounts at selected CB merchants will be offered to Platinum and Gold CB MPU-JCB Co-Badged cardmembers. JCB offers Platinum cardmembers exclusive JCB Platinum services, such as JCB Platinum airport lounge service, JCB Platinum Concierge Desk, and JCB Platinum hotel services.

U Kyaw Lynn, Executive Vice Chairman & CEO of CB Bank, commented, “On behalf of Co-operative Bank, I am very pleased to announce that we are issuing CB-JCB Debit Card. This partnership between CB and JCB will strengthen ties between our businesses and our countries. Our customers here in

Myanmar can enjoy all the benefits developed by CB and JCB when using the card in Myanmar and in oversea countries.”

Kimihisa Imada, President and COO of JCBI, said, “I am delighted with our partnership with CB Bank as a card issuer. JCBI entered into the market in 2012, and we are committed to providing support for the expansion of the Myanmar payment market in cooperation with MPU. I am confident that the issuance of CB MPU-JCB Co-Badged Cards will grow the market even further and will contribute to financial inclusion.”

First J/Speedy Card in the ASEAN Region Started to be Issued by BDO

On 26 June 2017, BDO Unibank, Inc. (BDO), the largest bank in the Philippines, and JCBI announced the launch of J/Speedy, JCB's EMVCo compliant contactless

scheme. This is the first J/Speedy JCB Card to be issued in the ASEAN region. J/Speedy provides a convenient and easy payment solution to valued customers of BDO.

BDO has cooperated with JCBI for JCB Card acceptance at

BDO merchants from 1998 and started issuing JCB Card in the Philippines in the same year. The launch of this new product, entering the contactless payment market, is the next step for the partnership between BDO and JCBI. BDO also started acceptance of J/Speedy JCB Card from 2017 at BDO merchants.

Mikihisa Asano, Country Manager of JCBI Asia Pacific Pte. Ltd., said, “We are very excited and appreciative of BDO's launching the new contactless card. We will aggressively expand and grow our business in this country. In fact, BDO and JCBI will soon launch another card product in the market, which is a response to the increased competition of credit cards in the Philippines”.

Note: Job titles and departments are those at the time of the event.

JCB WORLD REPORT #58 JCB WORLD REPORT #58

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Sberbank and JCBI Signed a License Agreement to Accept JCB Cards in Russia

On 25 April 2017, Sberbank of Russia (Sberbank), the largest bank in both Russia and the Commonwealth of Independent States (CIS) and Central and Eastern

Europe, and JCBI announced the signing of a license agreement. Sberbank will start accepting JCB Cards on the Sberbank nationwide POS terminal network in 2018.

Sberbank has the largest POS terminal network in Russia. This partnership with Sberbank will ensure that JCB cardmembers

enjoy more convenience and increase JCB brand awareness and presence in the market.

Kimihisa Imada, President and COO of JCBI, said, “We are sure this arrangement will support our objective as a very active player in the payment industry in Russia. We believe our collaboration will contribute to the growth of card payments and provide greater convenience to JCB cardmembers both in Russia and around the world.”

Almazergienbank Launched JCB Card in Yakutia

On 27 June 2017, Joint-Stock Bank Almazergienbank (Almazergienbank), one of the major regional banks in the Russian Far East, and JCBI announced the launch of

JCB Card issuance and acceptance in Yakutia. Almazergienbank provides innovative and convenient banking services to its clients. JCB Card issuance is a logical development for the bank, the third in Russia to issue JCB Cards.

Almazergienbank started issuing JCB Cards and accepting JCB Cards at Almazergienbank's ATMs and POS terminals in June 2017. Almazergienbank issues JCB Standard and JCB Gold Cards. The JCB Card is a perfect choice for international travelers as the wide network of JCB partners offers discounts at hotels, restaurants and shops. Almazergienbank will also be issuing Mir-JCB Co-Badged Cards, which are accepted as Mir Card in Russia and as JCB Card abroad.

Lyudmila Nikolaeva, Almazergienbank Chairman of the Board, pointed out, “For Almazergienbank, cooperation with our Japanese partner is highly promising in terms of both commercial and international relations. We believe our cooperation will strengthen existing and create new mutually beneficial economic relations between our countries. We are pleased that

Almazergienbank as a regional bank representing Yakutia was honored to become one of the first bridges between Japan and Russia.”

Takashi Suetsugu, General Director of JCB International (Eurasia) LLC, said, “We are seeing high potential in developing the cooperation with Almazergienbank since it is one of the leading banks in the Russian Far East, serving one third of the population of the Sakha Republic. We are positive that implementation of JCB Card acceptance in both POS and ATM network will support expansion and enhancement of banking services and will contribute to developing inbound tourism to the region. Yakutia is a unique region, which has huge natural wealth, multinational culture, a growth dynamic and the latest technologies. Both Russian and non-Russian JCB cardmembers coming to Yakutia on business or pleasure will be able to pay for goods and services with an accustomed and convenient tool. The start of JCB Card acceptance is especially important for maintaining JCB Card issuance by Almazergienbank.”

REDE Started to Accept JCB Cards in Brazil

REDE S.A (REDE), one of the largest acquiring and processing companies in Brazil has started accepting JCB Cards at its merchants in Brazil. This was achieved

based on a license agreement between REDE and JCB signed in April 2016.

While this leads to the expansion of JCB brand card acceptance in Brazil, it also provides REDE with the means to bring more

sales opportunities to its merchants.

REDE, established in 1996, has more than 1.2 million merchants in the country.

Note: Job titles and departments are those at the time of the event.

JCB WORLD REPORT #58

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CIMB Singapore and JCBI with Wirecard Sealed Merchant Acquisition Partnership

On 12 December 2016, CIMB Bank Singapore (CIMB), a local subsidiary of a Malaysia-headquartered leading bank in ASEAN, Wirecard AG, a global leader in

electronic payment and mPOS technology and infrastructure, and JCBI announced the signing of a license agreement to begin JCB merchant acquiring services in Singapore. Through the partnership, JCB Card acceptance facilities will be available at CIMB merchants.

With its ASEAN footprint firmly in place, CIMB is a befitting partner with JCBI on both the local and regional front. Having established similar collaborations in Malaysia and Indonesia, this new license agreement extends the collaboration into other parts of Southeast Asia and enhances cooperation in the region.

Tourism is a key contributor to the Singapore economy and the country is a popular destination for regional JCB cardmembers. This new merchant acquisition partnership with CIMB will bolster the JCB Card acceptance network in the market and promote new merchants to JCBI's rapidly expanding cardmember base from Asia during their stay in Singapore.

Mak Lye Mun, CEO of CIMB Bank Singapore and Country Head of CIMB Group Singapore, said, “As a leading bank in ASEAN, CIMB Bank is proud to expand our payment acceptance offering with JCBI in Singapore. This partnership unlocks opportunities for our merchant acquiring business and I'm confident it will benefit both merchants and JCB cardmembers through greater card acceptance and increased payment options.”

CIMB Bank Singapore's one-stop merchant solution is in partnership with Wirecard. Wirecard has been providing an integrated payment platform that supports eCommerce, mCommerce mobile and traditional Point-of-Sale, to facilitate merchants' real-time tracking of transactions across multiple sales channels as part of the partnership. Mr. Jeffry Ho, Managing Director of Wirecard Singapore, Malaysia, Hong Kong and Australia A&I, added, “We are delighted with another milestone of our partnership with CIMB Bank. We believe that the CIMB-JCB initiative will certainly provide a better payment experience for both merchants and JCB cardmembers in Singapore.”

Procesos Started to Accept JCB Cards in Peru

Procesos Medios de Pago S.A. (Procesos), one of the largest merchant acquirers in Peru, has started accepting JCB Cards at POS terminals in Peru. This was achieved

based on a license agreement between Procesos and JCB signed in April 2016. While the new partnership enables JCBI to further its aim of expanding JCB Card acceptance in Peru, it also provides Procesos with the means to bring more sales opportunities to its merchants.

Procesos, established in Lima in 1999, has sharply increased the number of its affiliated merchants, now reaching around 70,000 in the country.

Kimihisa Imada, President and COO of JCBI, said, “Peru is an important market for JCB's global business expansion and we are pleased to welcome our new partner to the JCB network. I am certain this new partnership with Procesos will bring more benefits and convenience to JCB cardmembers visiting the country. JCBI is honored to team up with the Peruvian market leader, Procesos, and we look forward to working closely together in order to bring benefits and convenience to both JCB cardmembers and Procesos merchants.”

Felipe Venturo Denegri, General Manager of Procesos, said, “As one of the leading payment solution providers in Peru, we are honored to welcome JCB as a new partner brand in our merchant network. We strongly believe that with this partnership, Procesos will be able to strengthen the service line-up for its customers. We are excited to capture JCB transactions which will be generated by JCB cardmembers around the world.”

Note: Job titles and departments are those at the time of the event.

JCB WORLD REPORT #58

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JCB Sponsored Money 20/20 Europe in Copenhagen

The largest financial services and FinTech conference in Europe, Money 20/20 Europe, was held in Copenhagen, Denmark from 26 to 28 June 2017. JCB both sponsored

and exhibited at the conference. Money 20/20 organizes large scale financial services and payment events, including one of the world’s largest conferences in Las Vegas USA every year. The Money 20/20 event in Las Vegas in 2016 had about 10,000 attendees from 4,500 companies.

In Copenhagen, JCB exhibited a chat bot demonstration and a contactless reader for Dankort, a collaboration with Denmark’s NETS Group. Takashi Watanabe, head of JCB’s Brand Infrastructure & Technologies Department, gave a speech to emphasize the growing presence of Asia in the current payment market and made these points:

◆ JCB is an international brand with over 105 million

cardmembers around the world, primarily in Asia, and a network of 33 million merchants.

◆ JCB is always developing and implementing the latest security and technology, such as EMVCo, J/Speedy, Apple Pay and chat bot.

◆ With the Dankort project as an example of collaboration with regional players, JCB is unique and highly values its partners.

Mr. Watanabe’s presentation and the JCB exhibition highlighted the fact that JCB can be the best partner as a gateway to Asia for companies aiming to expand their business globally.

During Money 20/20, JCB sent out many press releases announcing the signing of license agreement with CardPay, iSignthis, Allied Wallet, MoneyNetINT and Checkout.com. Overall, sponsorship and participation in the event and PR activity served to increase JCB presence in Europe, promote JCB products, and improve relations with JCB partners.

Release of JCB Consumption NOW Service

On 21 June 2017, Nowcast, Inc. (Nowcast) and JCB released JCB Consumption NOW, a new consumption statistics service that measures consumption activities

based on JCB Credit Card user information and payment statistics in Japan.

The six types of indexes released as a membership service consist of one index representing all industries and five individual industry indexes, including the food services, pharmacies and medicines, family restaurants, petrol stations, and e-commerce industry. Each index may be viewed in monthly or bimonthly units (1st half of the month from the 1st day up to the 15th, 2nd half of the month from the 16th up to the last day). Subscription to the service is necessary for viewing on the service website (https://www.jcbconsumptionnow.com/en).

About JCB Consumption NOW

Co-developed and powered by companies JCB and Nowcast, Japan's only international payment brand and the Japanese forerunner in big data analytics, JCB Consumption NOW is the cutting-edge index for tracking today's consumption activities. Our indexes are developed using information from actual credit card settlements, allowing consumption trends to be traced like never before - by both industry and by forms of sales. Our data is collected and distributed in only 15 business days, phenomenally improving the responsiveness of consumption indexes, compared to other survey-based statistics.

Note: Job titles and departments are those at the time of the event.

JCB WORLD REPORT #58 JCB WORLD REPORT #58

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JCB Card International (South Asia) Private Limited Established in Mumbai

JCB Card International (South Asia) Private Limited, a JCBI subsidiary, was established in Mumbai, the largest city in India, in April 2017. Satoru Mori, General Director of JCB

Card International (South Asia) Private Limited, commented “The government initiative to go cashless is moving forward at tremendous speed in India with the emergence of a wide range of technical payment solutions. We’ll be working to build a solid JCB brand presence here by staying ahead of the wave of change.”

JCBI Appointed New Board Directors

On 3 April 2017, JCBI appointed new directors at the shareholders’ meeting held in Tokyo, Japan to align with its new mid-term business plan.

Mr. Koremitsu Sannomiya, who was President and COO, was appointed Deputy Chairman. Under his new responsibilities, Mr. Sannomiya will drive building brand strategic alliances with partners globally.

Mr. Kimihisa Imada, formerly Deputy President, was named President and COO. Since joining the company in 2011, he has had much success in building licensing partnerships across the globe. Bringing together his extensive background in the banking industry and strong relationships with professionals within the industry, he will further accelerate global business development and revenue growth.

Mr. Ichiro Hamakawa, formerly Deputy Chairman of JCB International, took on the role of Chairman and CEO. Mr. Hamakawa is committed to fulfilling his mission to deliver against set goals for new plans going forward.

JCB Joined World Travel & Tourism Council Global Summit 2017

The World Travel & Tourism Council’s (WTTC) 17th Global Summit, the flagship global private sector event of the 2017 International Year of Sustainable Tourism

for Development, was held in Bangkok on 26 and 27 April 2017. The theme this year was “Transforming Our World”.

The opening remarks were made by Thai Prime Minister General Prayut Chan-o-cha, WTTC chairman Gerald Lawless, World Tourism Organisation (UNWTO) secretary general Taleb Rifai and WTTC president David Scowsill.

The speakers included Mr. David Cameron, former Prime Minister of the United Kingdom, who led the summit’s program with his keynote address on ‘Altered States – Has globalization had its days?’.

Mr. Sannomiya, Deputy Chairman of JCBI, joined a press conference on 27 April with executives from other Japanese companies as an Industry Member of the WTTC.

Note: Job titles and departments are those at the time of the event.

“Source: World Travel and Tourism Council Global Summit Bangkok 2017. All rights reserved. Licensed under the Attribution, Non-Commercial 4.0 International Creative Commons Licence [LINK] https://creativecommons.org/licenses/by-nd/4.0/”.

JCB International Offices JCB PLAZA LoungesAsia / Pacific

❶ JCB International Business Consulting (Shanghai) Co., Ltd.❷ JCB International Business Consulting (Shanghai) Co., Ltd. Beijing Branch

❹ JCB International (Asia) Ltd.❺ JCB International (Taiwan) Co., Ltd.❻ JCB Card International (Korea) Co., Ltd.❼ JCB International Asia Pacific Pte. Ltd.

10 JCB International Holding (Thailand) Co., Ltd.11 JCB International (Thailand) Co., Ltd.

13 The Representative Office of JCB International (Thailand) Co., Ltd in Hanoi14 The Representative Office of JCB International (Thailand) Co., Ltd in Ho Chi Minh

12 JCB International (Thailand) Co., Ltd. Yangon Branch

15 PT. JCB International Indonesia16 JCB International (Oceania) Pty Ltd.17 JCB CARD INTERNATIONAL (SOUTHASIA) Pte. Ltd.

❸ JCB International Co., Ltd. Beijing Representative Office

❽ JCB International Asia Pacific Pte., Ltd. Manila Branch❾ JCB International Asia Pacific Pte., Ltd. Malaysia Branch

18 JCB International Co., Ltd. Dubai Representative Office

Middle East/Africa

Americas

19 JCB International Credit Card Co., Ltd. U.S. Head Office20 JCB International Credit Card Co., Ltd. Los Angeles Branch21

23

22

2425

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28

2930

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JCB International Credit Card Co., Ltd. New York Office

JCB International Credit Card Co., Ltd. Silicon Valley Office

JCB International Credit Card Co., Ltd. Honolulu Branch

JCB International (Micronesia) Ltd. JCB International do Brasil Administradora

de Cartões de Pagamento Ltda.

Europe

JCB International (Europe) Ltd. EMEA Head Office

JCB International (Europe) Ltd. Branch in Frankfurt

JCB International (Europe) Ltd. Branch in Paris

JCB International (Italy) S.p.A. JCB International (Europe) Ltd.

Branch in Madrid JCB International (Europe) Ltd.

Branch in Vienna

❶ Los Angeles❷ Honolulu❸ Guam❹ Hong Kong❺ Seoul

❻ Taipei❼ Singapore❽ Bangkok❾ Paris

JCB Plaza is a staffed service counter for JCB cardmembers located in many popular destinations around the world. JCB Plaza staff helps customers in multiple languages with information about the local area, make reservations at JCB merchants, give assistance in an emergency and answer travel-related questions.Locations of JCB Plazashttp://www.global.jcb/en/consumers/travel/plaza/?link_id=gben_top1 JCB also operates JCB Plaza Lounge, providing a relaxing lounge space in addition to JCB Plaza services.

JCB Head Office

★¡JCB Co., Ltd. Head Office 5-1-22 Minami Aoyama, Minato-ku, Tokyo 107-8686 Japan

¡JCB International Co., Ltd. 5-1-22 Minami Aoyama, Minato-ku, Tokyo 107-8686 Japan

ContactsKumiko KidaCorporate CommunicationsJCB International Co., Ltd.Tel: 81(3)5778 8353Fax: 81(3)5778 8354Email: [email protected]

JCB Head Office5-1-22 Minami Aoyama, Minato-ku,Tokyo 107-8686JAPAN

Issued date of JCB World Report #58: September 2017

(As of the end of September 2017)

1317

16

18

❸❷❶

❼15

1920

21

25

22

23

26

27

28

29

24

12

Key Statistics

Note: *JCB’s official transaction volume is based on Japanese Yen, and has been converted to USD with the exchange rate of March 31, 2017, which is USD1 = JPY112.19

(Unit: million)JCB Cardmembers

(Unit: US$ billion) ($1=¥120.61)JCB Merchants JCB Annual Transaction Volume*(Unit: million)

*Includes estimate

0102030405060708090

100110

20162015201420132012FY0

5

10

15

20

25

30

35

40

20162015201420132012FY0

20406080

100120140160180200220

240

20162015201420132012FY

236.8105.7

Russia/CIS

JCB International (Eurasia) LLC

(As of the end of June 2017)

❾ 14

33.1

❽1110

30

3132