Jan 24, 2023 | Business
The National Bank of Bahrain (NBB) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, have signed an agreement to enable JCB payment acceptance at the bank’s POS and e-commerce merchants in the Kingdom of Bahrain. The signing ceremony was recently held at NBB Headquarters in the presence of NBB and JCB representatives.
The partnership with JCB, will provide cardholders from mainly Asian markets with greater convenience, allowing them to enjoy the usage of their JCB Cards at all NBB merchant outlets across the Kingdom. This falls in line with NBB’s promise of remaining ‘Closer to You’, and follows its commitment to improve accessibility and provide existing and new customers with easy access to its services.
Commenting on the partnership, Hisham AlKurdi, Group Chief Executive – Corporate & Institutional Investment Banking at NBB, said: “We are pleased to partner with JCB to provide JCB’s cardholders with the convenience of using their JCB Cards through NBB’s banking channels. This partnership is a step forward to increase JCB Card acceptance in the Kingdom through NBB POS and Payment Gateway channels as well as strengthening cross-country relations, improving accessibility and enhancing branch capability to better reach all citizens and residents for a more enhanced service.”
On his end, Mr. Yoshiki Kaneko, President and COO of JCB International Co., Ltd., said: “The Kingdom of Bahrain is very important for our cardholders as a travel destination, as well as for JCB as there is a local cardmember base in the region. We are delighted that we have entered into this partnership with the National Bank of Bahrain, one of the largest banks and most prominent locally owned institutions in the region, for the acceptance of JCB Cards. This partnership will enhance our offering for convenience of cardholders in the Kingdom and cater for both the business and touristic needs of our cardholders worldwide.”
This partnership falls in line with NBB’s commitment to simplifying the customer journey through personalisation and convenience, making clients’ daily lives easier, and fortifying relations with global institutions across the world.
JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan with more than 150 million cardholders. Its acceptance network includes about 41 million merchants around the world. JCB is the only international payment brand based in Japan, offering high quality payment solution and technologies that are trusted worldwide.
JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 150 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/
Sectors: Cards & Payments, Retail & eCommerce, Daily Finance, Daily News, Regional, Local Biz
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Mar 15, 2022 | Business
ONDO’s solutions for the automation of irrigation, fertigation and climate control are at the basis of a project which is already developing in Camperdown, KwaZulu-Natal. The locality of the project is of particular significance – Camperdown is situated between Durban and Peitermaritzburg along the N3 Freeway. The area has received a lot of local attention and is seeing massive development in industrial, logistical and agriculture sectors, with new road infrastructure, warehouses, farm plots and now also the first installation of the ONDO Smart Farming Solutions technology.
A major investor in the project is the Innovative Farming Advancements organisation, owned by Maleshen Konar Pillay “МК,” led by his vision to revolutionise the agriculture sector towards a better, more sustainable model, through which funding for the hardware and farm has been obtained. ONDO’s representative for South Africa, Timset Consult (Pty) Ltd, will coordinate the installation and configuration of ONDO’s solutions in this centre, as well as will support all setup activities until the project completion.
The agri-innovation centre spans a huge area of 20 hectares, and is meant to take the shape of a fully functional demo farm. Advanced agri-tech equipment by ONDO will be used to remotely manage and control, in a fully automated manner, the processes of irrigation, precise fertigation and climate control in the farm.
The demo centre will grow a variety of vegetable crops, both in open fields and inside 20 tunnel greenhouses. It will also grow an orchard, will have a park and its own dam for irrigation purposes.
The agriculture process automation, accomplished using ONDO’s solutions, will also include the integration of a monitoring system with multiple soil moisture sensors, as well as a weather station with local weather forecast and sensor data for the local environment parameters.
The goal of the innovation centre is to demonstrate, via a real farm, the benefits from using advanced agri-tech solutions – in terms of increased and higher-quality crop yield, considerably reduced water consumed, reduced import of fertilisers and pesticides.
The investors in this project are planning to hold regular training seminars on-site, teaching the local farmers about the benefits of using digital technologies in the agricultural sector. Another key goal is to establish the innovation centre as a permanent university innovation hub, where students studying agricultural disciplines can learn more about farming automation with ONDO. They would also be able to see for themselves the benefits from using the system, by using it in practice and generating automated reports reflecting the reduced consumption of water and fertiliser, or making reports on the yield increase, human resource involvement, etc.
“A system like ONDO that automates some of the key farming processes can be very efficient in a country like South Africa, which feeds a big part of the continent and also exports agricultural produce for over 3 billion USD. Despite the fact that some regions of the country have a very well developed agricultural sector, in the majority of those there is absolutely no technological solution used. For us it is essential to create a successful model for partnership between the business and the educational institutions, and thus also convince the local authorities to support our effort to digitally transform the agricultural sector, which would open completely new perspectives for the agricultural development of the continent,” said Anton Samsonov, CEO of Timset Consult (Pty) Ltd.
The first crops to be grown in the demonstrational centre will be tomatoes and peppers.
ONDO (ondo.io) offers an innovative, digitally-controlled agriculture system for automated drip irrigation management and control, precise plant nutrition and climate control for various crops. ONDO can be used in greenhouses, orchards, vineyards or in the open fields, saving up to 85% of water, up to 50% of energy and up to 60% of losses caused by human error.