Ayeyarwady Bank (AYA Bank), a Myanmar-based commercial bank, Myanmar Payment Union (MPU) and JCB International have launched AYA Universal Corporate MPU-JCB Co-Branded Card in Myanmar.
The newly introduced card is the first corporate credit card for business payments and it offers two different products – Universal Corporate Platinum Credit Card and Universal Corporate Gold Credit Card.
Cardholders will get privileges similar to JCB personal credit card-members such as JCB Plaza and special offers at selected merchants worldwide.
Universal Corporate Platinum Credit Card cardmembers will also get access to JCB Platinum services, including JCB Platinum Airport Lounge service, JCB Platinum Concierge Desk, and Special JCB Platinum Hotel Services.
AYA Bank founder and chairman U Zaw Zaw said: “I believe that AYA Universal Corporate MPU-JCB Co-Branded Card will be welcomed by companies here. AYA is honoured that JCB will be our first international brand corporate product, and we know this card will bring convenience and reliable payment experience to Myanmar enterprises.”
JCB International president and COO Kimihisa Imada said: “Corporate card is a popular product welcomed in Japan, and it can be used for the payment of business-related expenses, most often travel-related. Without a corporate card, sometimes employees need to take money out of their personal account to pay for company expenses.
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By GlobalData“With the AYA Universal Corporate MPU-JCB Co-Branded Card, employees don’t need to pay themselves. Also, for employees who go on business trips can enjoy JCB privileges which make traveling smoother and safer.I am very pleased JCB will be the first international brand on a corporate product in Myanmar.
“AYA Universal Corporate MPU-JCB Co-Branded Card is a new product based on the needs of Myanmar enterprises. I am confident that the issuance of AYA Universal Corporate MPU-JCB Co-Branded Card can satisfy our customers and will allow both AYA Bank and JCB to continue growing business.”