JCB Broadens Planet Collaboration to Include In-Store and Digital Payments

JCB International Co., Ltd., announced Tuesday (Dec. 14) that it has expanded its European partnership with global integration payments platform Planet, making Planet a JCB acquirer across Europe for both in-store and eCommerce transactions.

The partnership expansion includes JCB Contactless, with J/Secure 2.0-enabled eCommerce, which will be offered online in early 2022.

Planet covers more than 70 markets, has more than 100 bank partners and 600,000 merchant partners, primarily in the hospitality, food and beverage industries, giving JCB’s 140 million card members streamlined travel-related and everyday spending.

“As long-standing partners of Planet, we are honored to be invited to join its new growth journey to strengthen Planet’s position as a competitive player in the European market,” said Nick Fisher, general manager, sales and marketing U.K., JCB International. “As Planet looks to grow its merchant base, it’s important that we ensure our partnership grows to offer our cardmembers even more opportunities to spend in Europe.”

JCB and Planet launched their partnership in 2003 and have since expanded the collaboration across Europe, Asia and the Middle East.

“JCB has been a valued partner of ours for many years, connecting us with their 140 million global cardmembers who like to spend with our merchants,” said Steve O’Donovan, president and chief payments officer at Planet. “This new evolution of our partnership opens up even more opportunities for our merchants to accept payments and encourage spending.”

Related: European Trading and Investment Platform Capital.com Integrates With PayPal

In September, European trading and investment platform Capital.com integrated with PayPal to give users in the U.K. and European Union new ways to deposit and withdraw money to and from Capital.com accounts.

The collaboration allows customers to make deposits and withdrawals in euros, British pounds and U.S. dollars.

Capital.com reported a 400% jump in new clients in the first half of this year compared to the first half of 2020, with total client trading volumes across all global markets jumping 184% in that time.