Tokyo-based JCB has partnered with Paymentwall, a global provider of payment acceptance for merchants concentrated in the video game and home entertainment industries.
The connection will enable JCB customers in key Asian markets to pay for digital media through Paymentwall’s platform leveraging local payment processing.
The videogame sector has seen a 7.4% increase in sales through the third quarter of this year, with the user base expanding more than 10%, JCB said.
Tomohiro Ohsumi/Bloomberg
“This collaboration is one that we are particularly excited about as it will support the growing trend and consumption of virtual media and home entertainment, which has gained popularity with our cardmembers, especially in recent months,” said Tsuyoshi Notani, managing director of JCB International Ltd., in a press release.
Paymentwall launched in San Francisco in 2010 to support broad payment options in the home entertainment sector, ranging from credit and prepaid cards to bank transfers and e-wallets. The company operates through offices in 16 cities around the world.
Fintech-Insight is dedicated to delivering unbiased and dependable insights into cryptocurrency, finance, trading, and stocks. However, we must clarify that we don't offer financial advice, and we strongly recommend users to perform their own research and due diligence.