Fintech & Ecommerce

JCB announced collaboration with one of largest banks in Turkey

Ziraat Bant carries out its operations at 112 points in 17 countries worldwide

JCB

JCB announced collaboration with one of largest banks in Turkey. Source: pexels.com

JCB International has signed a formal partnership with Ziraat Bank, one of the largest banks in Turkey.

This means that JCB Cards will be accepted by over 500,000 merchants in Turkey using Ziraat Bank POS devices and cash registers. In addition, nearly 7,300 Ziraat Bank ATMs in Turkey will also accept JCB Cards.

According to the press release, those Ziraat’s member merchants helping Turkey to recover and grow its share in international tourism when restrictions are lifted are expected to benefit most. These businesses largely operate in the face-to-face travel, retail, and accommodation sectors.

Card payments are increasing in Turkey in line with 2023 cashless society goals. This cooperation will create a great opportunity for Turkish companies to connect with Asian consumers, while at the same time expanding the payment network of JCB in Europe.

Turkey is a very important market for JCB cardmembers. In 2020, Ziraat Bank was selected as Turkey's most popular bank for the 5th time and this is proof of its strength in the market and a testament to its customer service quality. Therefore, this collaboration we established with the aim of expanding our payment points for our cardmembers is a very exciting step for JCB. We look forward to working closely with Ziraat Bank to support the growth of merchants that now have the chance to welcome JCB cardmembers to their customer network
Tsuyoshi Notani, Managing Director, JCB International (Europe) Ltd.

We’ve reported that Mastercard partners will soon be able to offer cryptocurrency solutions.

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