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Home INDONESIA INDIA NEWS

CIMB Niaga and JCB launch JCB Contactless Credit Card in Indonesia

by 198indonesianews_v2w0tn
September 7, 2021
in INDONESIA INDIA NEWS
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JAKARTA & TOKYO, Sept 3, 2021 – (Antara/JCN Newswire) – PT Financial institution CIMB Niaga Tbk (CIMB Niaga) and PT JCB Worldwide Indonesia (JCB), as subsidiaries of JCB Worldwide Co Ltd., launched the CIMB Niaga JCB Contactless Credit score Card in Jakarta, Friday, 3 September 2021. This bank card with contactless know-how was developed consistent with the speedy progress of bank card know-how and the COVID-19 pandemic scenario. The Contactless Credit score Card could make it simpler for patrons to transact in addition to turn out to be another quicker cost answer. Supported by twin liaison capabilities, this bank card can nonetheless be used for transactions utilizing the dipping methodology.

CIMB Niaga Shopper Banking Director, Lani Darmawan, mentioned, “CIMB Niaga continues to develop progressive services by adopting the most recent know-how. One in all them is thru the CIMB Niaga JCB Contactless Credit score Card. With this card, prospects can transact at numerous retailers with out touching different objects. We hope that this initiative can enhance buyer expertise within the midst of the present scenario.”

In the meantime, President Director of PT JCB Worldwide Indonesia, Takumi Takahashi, mentioned, “We’re delighted that CIMB Niaga is the primary financial institution in Indonesia to implement JCB Contactless via the launch of the CIMB Niaga JCB Contactless Credit score Card. This contactless cost is secure and handy for patrons. We consider this new product will contribute to accelerating digitization within the cost trade in Indonesia.”

The issuance of the CIMB Niaga JCB Contactless Credit score Card is an initiative of CIMB Niaga and JCB to offer a better, quicker and easier transaction expertise. With the contactless methodology, in accordance with Financial institution Indonesia rules, prospects don’t have to enter a PIN for nominal transactions underneath Rp. 1 million, whereas transactions above Rp. 1 million require a PIN. As for the transaction course of, prospects simply have to tap-and-go. That is quicker than inserting a card into an Digital Information Seize (EDC) machine or paying with money.

As well as, Contactless Bank cards even have the identical degree of safety as dipping playing cards. Each contactless transaction on the cardboard reader or EDC machine will probably be processed by the Financial institution and JCB card processing community via an authorization that’s as safe as transactions via the dipping methodology.

CIMB Niaga JCB Contactless Credit score Card prospects can use the JCB Contactless characteristic at greater than 100 thousand retailers in Indonesia. As well as, over the previous three years, the variety of JCB Contactless companions globally has additionally continued to develop.

About CIMB Niaga

CIMB Niaga was established underneath the identify of Financial institution Niaga in 1955. Roughly 92.5% of CIMB Niaga’s shares (together with these owned by PT Commerce Kapital of 1.02%) are owned by the CIMB Group. CIMB Niaga presents full banking services, each typical and Sharia, via a 428 workplace community as of 30 June 2021, consisting of 358 department workplaces, 37 Digital Lounges and 33 Cell Branches. CIMB Niaga has 12,389 staff (consolidated) as of June 30, 2021.

CIMB Group is the second largest monetary providers supplier in Malaysia and one of many main common banking teams in ASEAN. The services it presents embrace client banking services, funding banking, Islamic banking, asset administration and insurance coverage. CIMB Group is headquartered in Kuala Lumpur, and operates in all ASEAN member nations (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam, Myanmar, Laos, and the Philippines). Along with the ASEAN area, CIMB Group has additionally established workplaces in China, Hong Kong, India, Sri Lanka, the US, the UK, and Korea. CIMB Group’s shares are listed on Bursa Malaysia via CIMB Group Holdings Berhad. As of 30 June 2021, the group has a market capitalization worth of USD 11.1 billion.

About JCB

JCB is a serious world cost model and a number one bank card issuer and acquirer in Japan. JCB launched its card enterprise in Japan in 1961 and started increasing worldwide in 1981. Its acceptance community contains about 36 million retailers world wide. JCB Playing cards are actually issued primarily in Asian nations and territories, with greater than 140 million cardmembers. As a part of its worldwide progress technique, JCB has shaped alliances with lots of of main banks and monetary establishments globally to extend its service provider protection and cardmember base. As a complete cost answer supplier, JCB commits to offering responsive and high-quality service and merchandise to all prospects worldwide. For extra data, please go to: www.world.jcb/en/

Contacts

JCB

Ayaka Nakajima

Company Communications

JCB Co., Ltd.

Tel: +81-3-5778-8353

CIMB Niaga

Deddy T. Hasibuan

Media Relations and Fame Group Head

PT Financial institution CIMB Niaga Tbk

Tel: +6221 2700555

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Tags: CardCIMBContactlessCreditIndonesiaJCBlaunchNiaga
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