Nets Group brings JCB's EMV contactless standard to Denmark
The Nets Group and JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd, have launched JCB's EMV contactless standard in Denmark for the first time, according to a press release.
The standard combines Host Card Emulation technology with JCB's latest J/Speedy contactless specification enabling Danish cardholders to tap and pay on their Android Phones at supermarkets and retailers across Denmark.
Through this partnership, Nets merchants equipped with J/Speedy contactless terminals will be able to accept payments from JCB cardmembers using their J/Speedy cards and smartphones in Europe.
This is the latest development in last year's strategic partnership announcement between Nets Group and JCB, targeting the expansion of JCB's EMV J/Speedy contactless standard in Europe. JCB's strategy is that all merchants across Europe will be able to accept JCB's J/Speedy contactless payments in the future.
Nets will now be able to support an increasing number of JCB's cardmembers visiting Europe with JCB's J/Speedy contactless functionality on their cards and smartphones.