Ayeyarwady Bank (AYA Bank), a Myanmar-based commercial bank, has rolled its first JCB branded credit and debit cards in the country in partnership with Myanmar Payment Union Public (MPU) and JCB International (JCBI).
Known as AYA Universal MPU-JCB co-brand card, the new offering is available in four variants including Universal Platinum credit card, Universal Gold credit card, Universal Silver credit card, and Universal debit card.
The cards will be accepted at MPU's nation-wide merchant network in Myanmar and JCB's international merchant network with over 31 million locations worldwide.
Cardholders can avail JCB privileges such as JCB Plaza, and special offers at selected merchants across the globe.
JCB offers Platinum card members exclusive 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: “The bank has always been committed to providing our customers higher quality service and experience.
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By GlobalData“This co-brand arrangement will enable cardholders to have more flexible options for their payments in foreign countries. This is another milestone in Myanmar card payment market, to promote the country's transition to a cashless economy.”
JCB International deputy president Kimihisa Imada said: “With its growing economy and population, Myanmar has great potential for growth in the card payment market.
“With the start of JCB card issuing in Myanmar, card members can have a new choice of payment and experience the convenience of shopping abroad with JCB's worldwide merchant network.”