Press Release

ProPay Expands Global Payments Capabilities with JCB

Release date: 10/18/2012

-ProPay is now directly connected to JCB for JPY authorization and settlement-
 
Lehi, Utah – October 18, 2012 – ProPay (www.propay.com), an industry leader in merchant services, End-to-End Payment Security, and mobile payment services announced today that it has expanded its global payments capabilities by integrating directly into Japan Credit Bureau (JCB), Japan’s largest credit card company,  for authorization and settlement in  Japanese Yen (JPY).

ProPay’s enhanced JCB capabilities provide merchants the following benefits:

  • ProPay Merchants can now accept and settle card payments in JPY, without an international entity.
  • ProPay Merchants can receive their merchant funds from JCB payments daily, weekly, or monthly.
  • Merchant underwriting and risk management are done by ProPay, simplifying, streamlining and shortening the process.
  • Funds are swept to a JPY bank account, in the US, Hong Kong, or Japan.
ProPay’s JCB offering can greatly simplify acceptance of what has been a complex payment type.  Already recognized as a leader in global payments, ProPay helps merchants ACCEPT payments in over 150 currencies with settlement available in 24 currencies, and MAKE payments in 24 currencies to over 35 countries.

“ProPay’s JCB solution further demonstrates our commitment to solving the pain points of global payments,” said Greg Pesci, ProPay’s President and Chief Operating Officer. “ProPay’s direct integration with JCB gives our merchants a competitive advantage when selling in the Japanese market and we can now offer very competitive pricing to go along with our high level of service.”

About ProPay
Since 1997, ProPay has provided simple, secure, and affordable payment solutions for organizations ranging from the small, home-based entrepreneur to multi-billion-dollar enterprises. ProPay is a leading provider of complete End-to-End Payment Security solutions designed to significantly reduce the client organization’s risk of having sensitive payment data compromised. ProPay is the recipient of the prestigious 2010 ETA ISO of the Year award. ProPay is a 15 year old, privately held company, headquartered in Lehi, Utah. For information, visit www.propay.com or call 888.227.9856.