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Bank Mandiri, JCB in payment card tie-up

Indonesia’s Bank Mandiri and JCB International Indonesia, subsidiary of JCB International Co have announced a new partnership for payment card business. This partnership starts from the acceptance of JCB cards at Mandiri’s ATMs and EDC, and payment card issuing with JCB brand is also in scope. Mandiri is the leading bank card issuer in Indonesia, which has more than 12.5 million debit cards and more than 3 million credit cards issued. Mandiri is also one of the owners of the largest network and spread throughout Indonesia, which consists of 2,312 branches, 15,444 ATMs and 280,000 EDC. It is also equipped with other services such as 24 Hours Mandiri Call 14000, mobile banking and internet banking. In the first phase of the partnership, some 88 million JCB cards would be accepted at all acceptance locations.

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