JCB Explores Opportunities to Expand Card Acceptance through Partnership with STC Bank
Saudi Arabia, Oct 27, 2025 – (JCN Newswire) –JCB International Co., Ltd., the global operations subsidiary of JCB Co., Ltd., Japan’s only global payment brand name, and STC Bank has actually participated in a Memorandum of Understanding (MOU) to begin conversation the activation of JCB payment approval in Kingdom of Saudi Arabia.
As part of supporting the cashless society and monetary addition lined up with Vision 2030, JCB has actually started conversations with STC Bank to check out a prospective collaboration targeted at broadening card approval in the Kingdom.
The MOU sets the structure for both companies to take part in conversations and evaluate chances to establish approval and provide smooth payment experiences for JCB clients throughout the Kingdom.
Mr. Mohammad Yahya Refaie, Senior Director – Business Banking of STC Bank, stated:
“Discussion towards developing a relationship with JCB will permit STC Bank to support JCB Card approval broadly in the Kingdom, help with cross-border payments and use unique advantages for JCB cardmembers, such as benefits and promotions. It likewise boosts STC Bank’s global payments ability and allows our merchants to accept JCB payments enhances its beauty to tourists, migrants, and worldwide merchants, and develops connections into the Asian payment community”.
Takumi Takahashi, Executive Vice president of JCBI, commented:
“We are thrilled to start conversations with STC Bank, a leading digital bank and are happy to have the chance to construct a relationship with a subsidiary of STC Group, the biggest telecoms business in the Kingdom. This MOU marks the primary step towards a prospective collaboration that might change the method JCB consumers gain access to and usage monetary services in the Kingdom.”
About STC Bank
STC Bank is Saudi Arabia’s biggest completely digital bank, developed to empower people and services with ingenious monetary services and to add to the Kingdom’s Vision 2030. STC Bank continues to lead in digital banking, client experience, and monetary innovation, enhancing its objective to provide simpleness, trust, and a user friendly digital banking experience for all its consumers.
About JCB
JCB is a significant worldwide payment brand name and a leading charge card provider and acquirer in Japan. JCB released its card organization in Japan in 1961 and started broadening worldwide in 1981. Its approval network consists of about 56 million merchants worldwide. JCB Cards are now released primarily in Asian nations and areas, with more than 169 million cardmembers. As part of its global development technique, JCB has actually formed alliances with numerous leading banks and banks worldwide to increase its merchant protection and cardmember base. As an extensive payment option company, JCB devotes to supplying responsive and premium product and services to all consumers worldwide. For additional information, please see: www.global.jcb/en/
Contact
Anna Takeda
Business Communications
Tel: +81 -3 -5778 -8353
Email: jcb-pr@info.jcb.co.jp
