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Adyen, JCB extend processing deal

JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., and Adyen, a payments processor, have announced the signing of an extension to their original license agreement.

The extension will lead to global JCB merchant acquiring for e-commerce, and for POS in Singapore and Hong Kong, according to a press release. Furthermore, for e-commerce, it will be possible to process all currencies and settle in the major currencies.

Adyen said the global partnership further advances its strategy of providing its merchants a direct and seamless connection via any device to the major card payment schemes around the world, bringing a greater range of options for its clients and JCB's cardmembers globally.

"Adyen firmly believes that by meeting the distinctive payment preferences of consumers, brands would be able to create a personalized brand experience and instill brand loyalty," Warren Hayashi, president of Adyen Asia-Pacific, said in the release.