Equinox Payments Enables Merchants to Tap Into Japanese Tourists’ Spending Power with Support for JCB Contactless Cards
April 16 2018 - 7:45AM
Business Wire
Equinox terminal lines to support JCB
contactless technology at the point of sale in the US
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180416005372/en/
Equinox PaymentsMichelle Wagner,
770-331-7010mwagner@equinoxpayments.comorJCBLinda A Horwath,
262-269-6081linda.horwath@jcbusa.com
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