JCB International (JCBI), the international operations subsidiary of JCB, in collaboration with the Philippines-based BDO Unibank has introduced a new EMV compliant contactless card, dubbed J/Speedy JCB card.
The new offering is touted to be first J/Speedy JCB card introduced in the ASEAN region. The card is being issued by BDO Unibank.
JCB believes that he introduction of the new card is the next step for the partnership between BDO and JCB that begun in 1998. Starting July 2017, BDO will also start accepting J/Speedy JCB card at its merchants’ locations.
JCBI country manager for Philippines Mikihisa Asano said: “We are very excited and appreciative of BDO’s launching the new contactless card.
“Together, we will aggressively expand and grow our business in this country. In fact, BDO and JCB will soon launch another card product in the market, which is a response to the increased competition of credit cards in the Philippines.”
With over 1,100 branches and more than 3,600 ATMs in the Philippines, BDO offers a number of banking services including investment banking, private banking, rural banking, cash, retail cash cards and credit card services, among others.
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By GlobalData