JCB and Interac Corp agree Canadian ATM deal
JCB credit and debit cardholders will now be able to withdraw cash from participating ATMs in Canada, following an agreement between JCB International and Interac Corp, reports Jane Connolly.
By leveraging Interac Corp’s existing infrastructure with Discover Global Network, JCB will be able to process ABM transactions in the Canadian market. The system supports both magnetic stripe and chip and pin cards.
“Our partnership with JCB furthers our efforts to bring convenient payment solutions for international visitors into Canada,” says Edwin Lam, director, international services at Interac Corp. “We look forward to working with JCB to provide Canadian ABM access for over 130 million JCB cards in the market.
Ryuji Shinzawa, president and COO of JCB International Credit Card Co, adds: “The arrangement with Interac will provide our card members travelling to Canada with stable and secure service.”
More than 90% of Canada’s ABMs are eligible to participate in Interac Corp’s International ABM Service.
