Equinox Payments Enables Merchants to Tap Into Japanese Tourists’ Spending Power with Support for JCB Contactless Cards

16-Apr-2018 Intellasia | BusinessWire | 6:45 PM Print This Post

Equinox terminal lines to support JCB contactless technology at the
point of sale in the US

PHOENIX–(BUSINESS WIRE)–Equinox
Payments
(“Equinox”), a leading provider of payment terminals,
applications and support services, today announced that their Apollo,
L5000 and Luxe terminal lines are being enhanced to support contactless
chip technology for JCB cards. Final certifications are expected this
summer, providing merchants with Equinox terminals a simple upgrade path
to extend the convenience of tap and go payments via JCB chip cards and
Apple Pay. JCB transactions are routed through Discover Network in the
U.S.

“Merchants that adopt these solutions can improve the checkout
experience for JCB card members, and make sure their business is ready
for the JCB EMV liability shift that takes effect next year,” said Rob
Hayhow, vice president, Equinox Payments. “Once completed, all Equinox
payment terminals will be automatically enabled to support JCB
Contactless at the factory prior to release.”

Consumer spending by JCB card members is significant. According to the
U.S. Department of Commerce National Travel and Tourism Office, 83% of
Japanese tourists cite shopping as a key activity. In 2016, 3.6 million
Japanese visitors traveled to the U.S., spending about $16 billion.
Supporting chip and contactless is a convenient way to remove any
friction during the payment transaction since it mimics the process JCB
cardholders are used to in their own country.

“This relationship underscores the partner-friendly approach that
Equinox brings to the table,” said Linda Horwath, vice president,
Emerging Technologies at JCB. “We are excited to extend the speed and
convenience of contactless payments to our valuable card members
visiting the United States.”

The Luxe
family
includes the elegant Luxe 8000i, designed for fixed
acceptance areas including checkout lanes, retail countertops, and hotel
registration desks, and the modular Luxe 6000m, ideal for both
countertop and mobile acceptance uses like local roaming, line busting
and field-level payments. Equinox has also integrated JCB support in its
L5300 terminal in use today at many of the country’s leading high-volume
retailers, and in its Apollo stand-alone terminal, ideal for small
business customers.

About JCB

JCB is a major global payment brand and a leading payment card issuer
and acquirer in Japan. JCB launched its card business in Japan in 1961
and began expanding worldwide in 1981. As part of its international
growth strategy, JCB has formed alliances with hundreds of leading banks
and financial institutions globally to increase merchant coverage and
card member base. As a comprehensive payment solution provider, JCB
commits to provide responsive and high-quality service and products to
all customers worldwide. Learn more at www.jcbusa.com.

About Equinox Payments

Brookfield Equinox LLC (dba Equinox Payments) was founded in 2014 as a
result of an acquisition of assets from Equinox Payments, LLC. Located
in Scottsdale, Arizona, Equinox is looking beyond product features to
rethink and reimagine the customer payment experience.

The company is owned by NBS Payment Solutions, based in Toronto, Canada
and a leading provider of electronic payment solutions to the financial
industry for over 25 years. NBS Payment Solutions is a wholly-owned
subsidiary of Brookfield Asset Management, which has over $225 billion
of assets under management. Brookfield is listed on the New York (BAM)
and Toronto (BAM.A) stock exchanges. For more information about Equinox,
visit www.equinoxpayments.com.

Contacts

Equinox Payments
Michelle Wagner, 770-331-7010
[email protected]
or
JCB
Linda
A Horwath, 262-269-6081
[email protected]

 


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