Asia Commercial Bank to Launch ACB-JCB Prepaid Card in Vietnam

Thursday, 10 December 2015, 16:00 JST

HO CHI MINH CITY & TOKYO, Dec 10, 2015 - (JCN Newswire) - Asia Commercial Bank (ACB), a leading commercial bank in Vietnam, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., have announced the launch of ACB-JCB Prepaid Card in Vietnam.

Asia Commercial Bank to Launch ACB-JCB Prepaid Card in Vietnam

ACB and JCBI have launched the ACB-JCB Prepaid Card to diversify the product range to meet various demands of customers in Vietnam. The holders of the ACB-JCB Prepaid Card can access the JCB acceptance network with about 29 million merchants and over one million ATMs in 190 countries and territories, and enjoy a lot of benefits provided by ACB. With ACB-JCB Prepaid card, customers can spend all the money they have in their card account without a minimum deposit requirement. Especially convenient, customers can receive their card instantly when they apply for the card at ACB. ACB is the first bank launching instant card issuing service in Vietnam. Additionally, all prepaid cardholders will be offered free ATM assault insurance worldwide. Besides, ACB has already deployed JCB card acceptance services at all ACB ATM and POS including J/Smart, JCB's EMV program. This will bring lots of benefits to Vietnamese and foreign JCB cardholders in Vietnam. ATMs equipped with J/Smart ensure more secure authorization process than original ATMs. Additionally, with J/Secure, cardholders can rest assured while performing all E-commerce transactions.

Tu Tien Phat - Vice President of ACB stated, "The launching of JCB prepaid card will fulfill the needs of ACB's customers, especially young people who are looking for a convenient and easy method of payment. ACB is one of the leading retail banks in Vietnam. We believe that the cooperation with JCBI not only boosts ACB's card business but also makes the JCB brand name more familiar in Vietnam."

Koremitsu Sannomiya, President & COO of JCBI said, "I am very pleased to provide a new product, which is safe and convenient, to the growing Vietnam market. We consider the Mekong region as one of the most important growth markets for JCBI's international business. An advantage compared to credit and debit card is the simplicity of application. I hope more customers will enjoy many benefits with this prepaid card so that it can promote the shift to cashless payment in the country."

About ACB-JCB Prepaid Card

How to apply

- Contact ACB to know about criteria and required documents via:
-- ACB branches nationwide
-- Bankcard Customer service: (08) 38 222 022
-- Bankcard Customer service in Hanoi: (04) 35 667 918
-- Contact Center 24/7: 1900 54 54 86 - (08) 38 247 247 - 1800 57 77 75

- Required documents
-- Application form (download at website: www.acb.com.vn)
-- Personal documents (ID/Passport)
-- Others

- Submit documents to ACB branches

- Receive a new Prepaid Card instantly and the default PIN right away.

How to top-up

Customers can deposit money any time at any ACB branch, or via Home Banking and Mobile Banking, and make deduction from personal accounts at ACB or via Contact Center 247.

About ACB

Asia Commercial Bank (ACB) is one of the leading joint stock commercial banks in Vietnam. Up to now, ACB had 347 branches and sub-branches nationwide. ACB is the first bank of Vietnam to launch fast issuing service for international card and offer free insurance package for cardholders. In 2015, ACB was awarded the Best Customer Service Bank Vietnam 2015 by Global Financial Market Review (GFM) - a globally leading online portal in financial markets. This is an important motivation for ACB to constantly improve the quality of service and customer satisfaction. This recognition once again confirms the commitment of ACB with customers: always put customers at the center of all activities: "ACB - Only you."

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 29 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 19 countries and territories, with more than 89 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 card-member base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. More information about JCB is also available on the website: www.jcbcorporate.com/english

Note: JCB statistics are as of the end of March 2015.

Contact

Asia Commercial Bank
Nguyen Thi Kim Loan
Email: loanntk.hso@acb.com.vn

JCB International Co., Ltd.
Ayako Tanaka
Corporate Planning
Phone: +81-3-5778-8390
Email: jcbinternational-pr@info.jcb.co.jp

Topic: New market for product
Source: JCB / ACB
Sectors: Cards & Payments, Daily News
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From the Asia Corporate News Network