JCB International (JCBI), a wholly-owned subsidiary of JCB, has signed an agreement with Russian lender Sberbank to enhance its card acceptance in Russia.
Under the agreement, Sberbank will accept JCB cards on its countrywide point-of-sale terminal network in 2018.
Go deeper with GlobalData
According to JCB, the lender has the largest POS terminal network in the country and the partnership aims at increasing its brand presence in the market.
JCBI president and COO Kimihisa Imada 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 from all over the world.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
