Santander launches JCB merchant acquiring operations in Spain
Banco Santander (Santander) has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI), the international operations subsidiary of JCB, the Japanese global payment brand. With the alliance, Santander now facilitates JCB acceptance at Santander-acquired merchants throughout Spain.
JCB’s 130 million cardholders can now access goods and services from Santander’s merchant network in Spain, including hotels, restaurants and retailers. Santander says that its merchant partners will benefit from the opportunity to capture card sales from JCB’s predominantly Asian cardholder base.