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UCS (Global Payments) and OpenWay Expand Partnership with JCB

United Card Service, a leading independent processing company in Eastern Europe and part of Global Payments, and OpenWay, a recognized leader in software solutions for bank card issuing and acquiring, payment processing, remote banking service and financial transaction routing expanded their partnership with JCB, Japan's leading international payment system. Within the project, the direct JCB interface was launched on OpenWay’s WAY4 processing platform at United Card Service.

April 16, 2014

When increasing its presence in a region, JCB chooses leaders in acquiring to ensure deep penetration of the market. The Eastern Europe market is a priority, with the stream of tourists from Asia increasing every year: the number of tourists from Japan to Europe increased by 17,6% since 2008.
The partnership between JCB and OpenWay has deep roots. OpenWay clients using interfaces to JCB include Borgun, a leading Icelandic e-commerce acquirer, Bank of Valletta, Malta's leading financial organization, Equity Bank, the largest bank in Kenya and UNICRE, a consortium of 28 Portuguese banks. Today one more market leader has expanded partnership with JCB, this time in Russia.
"The basis of our partnership with JCB is a common understanding of modern payment industry tendencies. One of the main assets of the JCB brand is its flexibility, the aim to offer clients payment product that correspond as closely as possible to the region's needs, as well as to provide high quality service. In turn, one of the main advantages of the WAY4 processing platform is its unique flexibility that allows our clients and partners to quickly adapt their business processes and IT structure to the ever-changing market reality", notes Mikhail Alexeev, Business Development director, Eastern Europe and CIS, OpenWay.
"The history of United Card Service's partnership with JCB goes back more than 20 years, during which our company has been processing transactions with JCB payment cards. The new interface has made it possible to expand capabilities for accepting chip cards, including at ATMs serviced by UCS. The main advantage of developing the relationship with the JCB payment system is the organization of a direct connection channel allowing significant cost cutting and the attraction of new clients, including chip cardholders, providing them a more secure payment method," comments Vladimir Morozov, director of the processing operations department at UCS.
"Successful and well thought out selection of partners in various regions is the basis of successful payment system business. Most importantly, when choosing partners, JCB pays attention to the company's position in the market, its industry reputation, innovative approach, and the results of its projects already implemented with other market participants. The optimum combination of these factors in UCS and OpenWay has been responsible for our lengthy partnership", comments Alexey Maslov, JCB International's representative in CIS.
United Card Services (UCS)

United Card Service (А Global Payments Inс. Company) (UCS) –– is one of the largest processing companies in Eastern Europe, processing approximately 25% of turnover on transactions made by international and local payment cards in Russia. The company provides services for acquiring cards of the main international payment systems VISA International, MasterCard Worldwide, Union Pay, JCB International and the Russian payment system "Zolotaya Korona", as well as for merchant and service local non-bank cards.

The company's head office is located in Moscow and currently has 35 regional branches in Russia.

A fully certified provider of services for issuing VISA International and MasterCard Worldwide cards (TPP & MSP), the company offers card issuing services for banks, including services for supporting ATM and terminal pools.

JCB

JCB cards are currently accepted by 24 million merchants in 190 countries, and there are more than 20 branches of this payment system worldwide. More than 80 million JCB cards have been issued, of which 15 million were issued and are in use outside Japan. In the past 2 years, JCB has made a significant step in global expansion: the number of cards issued outside Japan has increased by 60% and the number of merchants accepting cards has grown by 20%.

http://www.jcbinternational.com
OpenWay Group

OpenWay Group was founded over 15 years ago. We develop WAY4, an innovative e-payment processing framework for banks, payment processors, telcos and petrol companies.

OpenWay was initially headquartered in Brussels, Belgium with one R&D team there and another in St. Petersburg, Russia. Today we are a global company with 10 offices and 130 customers around the world.

Our portfolio consists of WAY4 Card and Merchant Management, Financial Switching, Personalised Channel Banking, Prepaid Cards, E-Commerce, Mobile Payments, Digital Wallet, DCC, Fuel Cards, and other solutions.

Our customers include tier-1 giants, mid-size companies, and ambitious start-ups:

WAY4 live installations consistently demonstrate high performance; for example, 90 million cards issued and authorized on a single platform and 12 million POS/ATM clearing transactions processed daily by a single acquirer.

OpenWay, known for its commitment to long-term relationships, both serves customers locally and provides global support. Today our team unites approximately 500 payment business, digital technology, and security professionals.


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