Network International and JCB Announce Alliance in the UAE.Dubai and Tokyo, Japan, Jan 9, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Network International (NI), the most comprehensive and preferred card solutions provider in the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. (UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. ), JCB JCB Noun trademark, Brit a large machine used in building, that has a shovel on the front and a digger arm on the back [initials of Joseph Cyril Bamford, its manufacturer] JCB® n abbr , a major global payment brand, and JCB International, JCB's international subsidiary, have announced that they signed an agreement to expand JCB card acceptance in the UAE. In May 2007, NI will phase in opening its merchant network, which will soon enable JCB card members to have access to NI's 10,000 merchants nationwide. "The arrangement with NI will bring significant increase in JCB card members' convenience in the UAE," said Mr. Kenji Seto, Senior Deputy President of JCB International. "Currently, the Middle East is one of the markets JCB considers most important in terms of card acceptance. Especially, the UAE is the center of attention of many JCB cardmembers, the majority of whose card members are based in Asia, from a tourism perspective. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Department of Tourism and Commerce Marketing (DTCM DTCM Department of Tourism and Commerce Marketing DTCM Dubai Tourism and Commerce Marketing DTCM Doctor of Traditional Chinese Medicine DTCM Direct to Consumer Marketing DTCM Master Chief Dental Technician (Naval Rating) ), about 60,000 Japanese travelers visited Dubai, the commercial capital city of the nation. It is striking to know that the growth marks almost 30% up compared to the same period of previous year." Mr. Seto also referred that one of the reasons JCB signed an agreement with NI as one of its acquiring partners is NI's broad merchant network base of hotels, restaurants, and other entertainment facilities patronized pa·tron·ize tr.v. pa·tron·ized, pa·tron·iz·ing, pa·tron·iz·es 1. To act as a patron to; support or sponsor. 2. To go to as a customer, especially on a regular basis. 3. by visitors to the region, including the world's tallest all suite hotel, 'Burj Al Arab', which is recognized as the landmark tower in this region by travelers from around the world. At present, NI has the largest merchant base in the UAE with over 10,000 merchant outlets, covering 40% of the country's total credit card merchants. Mr. Abdulla Qassem, Chairman, Network International, paid particular attention to the strengthening of trade relations between the UAE and Japan. He said, "There are around 40 Japanese companies This is a list of companies from Japan. Note that 株式会社 can be (and frequently is) read both kabushiki kaisha and kabushiki gaisha (with or without a hyphen). See that article for more details. currently established in Dubai and approximately 100 in Jebel Ali Free Zone Jebel Ali Free Zone (JAFZ) is located in the Jebel Ali area of the emirate of Dubai, in the United Arab Emirates. It offers an economic zone with lucrative business and tax incentives to corporations. (Free Trade Zone in Dubai), and as such they intend to boost ties with the UAE in general and Dubai in particular. Considering that today Japan ranks among the leading trading partners with the UAE, the timing of this agreement is just perfect." About Network International Established in 1994, Network International LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is today one of the largest credit card and payment services providers in the Gulf and Middle East Region geared to meet the needs of Banks, Financial institutions, and large and individual retailers. The company is a Principal Member of Visa International and MasterCard International offering customers the most comprehensive range of products and services in both the Issuing and Acquiring segments of the card industry in the Middle East and beyond, ranking first in credit card transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . In addition to the processing and management services offered, Network also provides Consultancy services ranging form Planning and designing, to developing of new products and services and providing sponsorship with Visa and MasterCard International. To date Network International provides credit and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. processing services, ATM sharing and ATM management services to more than 25 Banks in the region and manages one of the most extensive ATM networks exceeding 130 ATMs. About JCB Co., Ltd. JCB is a major global payment brand and the leading credit card issuer and acquirer in Japan. JCB launched its card business in 1961 and began expanding overseas in 1981. Its merchant network includes 13 million merchants and spans 190 countries and territories. JCB cards are now issued in 20 countries and territories, with 57.70 million card members. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solutions company, JCB is committed to providing high-quality payment services to customers, merchants, and partners. For further information, please visit the JCB website at www.jcb-global.com/english/ or www.jcbcorporate.com/english/ Source: JCB Co., Ltd. Contact: Khalil Majdalawi Account Manager Public Relations Tamra C2 Tel: +971-4-2951177 Fax: +971-4-2951188 E-mail: khalil@tamra-c2.com Kazumi Kinoshita International Strategy Planning JCB Co., Ltd. Tel: +81-3-5778-8390 Fax: +81-3-5778-8377 E-mail: kazumi.kinoshita@jcb.co.jp Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion