Cambodia-based ACLEDA Bank has partnered with JCB International to launch JCB merchant acquiring operations, under which JCB cards will be accepted at more than 650 locations across the country.
The move by the companies is on the assumption that there is a continuous rise in demand for acceptance of payment cards from leisure and business travellers coming to Cambodia.
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JCB International deputy president, Kimihisa Imada, said he believe that the acceptance of JCB cards by ACLEDA will improve the brand awareness of JCB and bring more benefit and convenience to merchants and JCB cardmembers visiting the country.
"We expect that the need for payment card acceptance will further grow in Cambodia because an increasing number of people are visiting this country every year.
"We feel it is important for us to cater to such need particularly among JCB cardmembers in neighboring countries such as Thailand and Vietnam. We look forward to exploring further business opportunities such as card issuance in the near future, and establishing win-win relationship with ACLEDA," Imada added.
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