International Bank of Azerbaijan launches new payment system

Baku. 29 January. REPORT.AZ/ The International Bank of Azerbaijan (IBA) started accepting cards of Japan's JCB payment system in its ATM and POS-terminal network, Report informs.

This will provide access for JCB cards to over 730 ATMs and an extensive network of more than 11 000 POS terminals served by the IBA.

The IBA also has successfully collaborated with five other international payment systems: Visa International, MasterCard Worldwide, American Express, Diner's Club and Union Pay.

JCB (Japan Credit Bureau) was established in 1961 in Japan. Currently there are more than 91 million JCB cardmembers. Except Japan JCB cards are issued in 19 countries, including China, South Korea, Taiwan, Thailand, Vietnam, Indonesia, the Philippines, Singapore, Austria, Spain, USA, and the Russian Federation. Currently JCB cards are serviced in more than 190 countries, in more than 29 million trade and service enterprises.