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Charge it.

Charge It Charge It. On May 10, National Bank of Alaska and JCB International, owner of a credit card business serving more than 17 million Japanese, signed an agreement expanding the market for Japan's top credit card to Alaska. Purchases with the JCP credit cards are processed by NBA through its wholly owned subsidiary, Alaska Bankcard Center.

Ed Rasmuson, NBA chairman of the board, says the acceptance of JCB cards by Alaskan merchants will recognize the importance of the increasing number of Japanese travelers and promote sales. "We want to make it easy and convenient for our growing number of Japanese travelers to purchase goods and services here," he adds.

Previously the JCB card was accepted by a very limited number of businesses in Alaska that used an out-of-state bank to process transactions. The JCB credit card ranks fourth worldwide in number of cardholders, behind Visa, Mastercard and American Express. In 1989 its 39 percent market share of Japanese credit card purchases totaled nearly $20 billion.
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Title Annotation:Alaska Business Briefs: Banking; credit card agreement between National Bank of Alaska and JCB International
Publication:Alaska Business Monthly
Date:Jul 1, 1990
Previous Article:Bernholz & Graham.
Next Article:September startup.

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