Stripe extends partnership with JCB for increased ecommerce merchant acceptance

Stripe, a financial infrastructure platform for businesses, has extended its partnership with JCB, a Japan-based international payment brand. The latest extension will allow for increased ecommerce merchant acceptance in Hong Kong, Singapore, and Europe. The collaboration between the two companies is aimed at availing new growth opportunities for Stripe’s ecommerce merchants in the aforementioned regions through JCB’s valued cardmembers.

Stripe - JCB extended partnership

Since they first partnered in 2018, JCB and Stripe have worked together to expand their operations to New Zealand, the US, Australia, Canada, and other regions. The global partnership allowed for JCB brand acceptance to merchants using Stripe’s payment solutions in all local currencies worldwide. Besides, it gave Stripe merchants access to a wide range of customers. This is in addition to enabling JCB cardmembers make purchases from Stripe merchants.

In August 2023, Stripe added JCB to its default payment scheme for merchants in Ireland and the UK. About two months later, it did the same for merchants in Hong Kong, Singapore, and the remaining European countries.

With regard to the latest extension, Stripe’s Global Head of Partnerships, Jeanne DeWitt Grosser stated, “JCB and Stripe are making it easier than ever for global businesses to sell to customers in Japan and across Asia. We’re excited that our longstanding partnership with JCB continues to deliver new tangible benefits to internet businesses and JCB cardmembers alike.”