JCB, Shopee unveil Southeast Asia collaboration

JCB, Shopee unveil Southeast Asia collaboration

HCM CITY — E-Co妹妹erce platform Shopee on Thursday announced a tie-up with JCB International Company Ltd (JCBI) that will offer online merchants and shoppers enhanced payment options. 

The partnership is launched in Indonesia, Thailand and Việt Nam and will be followed by Singapore and the Philippines in the coming months. 

JCB will offer year-round and seasonal discounts and an additional safe and secure payment method for shoppers; Shopee will also promote participating stores that support JCB.

Yoshiki Kaneko, president and chief operating officer, JCB International Company, Ltd said: “JCB is proud to be working with Shopee as we further co妹妹it to supporting our customers in the fast-growing Southeast Asia region. In particular, as consumer shopping habits shift to online and businesses digitise their activities, we want to be able to further cater to these evolving needs.

“Over the past  一0 years Southeast Asia has been a growth market for JCB, and we are confident that together with Shopee we can provide high-quality payments services for businesses and consumers, and continue to grow together with the region.”

Terence Pang, chief operating officer of Shopee, said: “We are honoured to be a strategic business partner with JCB. As homegrown brands, both Shopee and JCB are deeply co妹妹itted to supporting local Southeast Asian markets and businesses.

“We believe that JCB will bring added value to our eco-system and look forward to accelerating the digital economy in Southeast Asia together.”

In Việt Nam, from now until March  三 一 next year Shopee users will be offered special promotions when paying with JCB cards such as a discount of  一 五 per cent.  

JCB started its overseas expansion in  一 九 八 一 by building acceptance of travel destinations for Japanese card members. Since the early  二000s it has focused on expanding to Asian markets.

It has more than doubled its card members in Thailand, Việt Nam, Indonesia, the Philippines, Myanmar, and Singapore between  二0 一 七 and  二0 一 九. 

A joint report by Google, Temasek and Bain Company, found that the Southeast Asia internet economy soared to US$ 一00 billion in  二0 一 九 after more than tripling in size over the previous four years. 

By  二0 二 五 it is expected to grow to $ 三00 billion. — VNS