Digital Payments News

CIMB Niaga and JCB launch JCB Digital Credit Card in Indonesia

CIMB Niaga and JCB launch JCB Digital Credit Card in Indonesia

PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as a subsidiary of JCB International Co. Ltd., launched the CIMB Niaga JCB OCTO Card Digital Credit Card in Jakarta, on 22nd June 2022. This credit card with digital or virtual technology was developed in line with the rapid growth of demand for online transactions and credit card technology. The Digital Credit Card provides a number of improvements. It enables the user to apply for CIMB Niaga JCB OCTO Card Digital Credit Card anytime and anywhere, and it also provides a safer and easier payment method for online transactions by using a one-time password (OTP).

Latest Fintech News: Hi Marley Names Boston Tech Veteran Jonathan Tushman as New Chief Product Officer

Director of Consumer Banking CIMB Niaga Noviady Wahyudi said, “CIMB Niaga continues to innovate to develop digital customer experience by integrating various products and services into the OCTO Mobile Super App, making it easier for people to meet their financial needs. Recently, we innovated to present the CIMB Niaga JCB OCTO Card Digital Credit Card, which provides a comprehensive digital transaction experience for users,” said Noviady.

Meanwhile, President Director of PT JCB International Indonesia, Takumi Takahashi, said, “The launching of this new Digital Credit Card shows our successful collaboration with CIMB Niaga and our commitment to cater to the demand for digital transactions in Indonesia. We believe with this new Digital Credit Card, customers can experience the uniqueness of JCB.”

Latest Fintech News: Potloc Closes CAD$35Million Series B Round to Drive Global Growth with its Game Changing Research Technology

The issuance of the CIMB Niaga JCB OCTO Card Digital Credit Card is an initiative of CIMB Niaga and JCB to provide an easier, faster and safer online transaction experience. All transactions will be verified by entering a random two (2) digit OCTO Mobile PIN, and online transactions at most online merchants that have implemented 3D secure security are protected by a one time password (OTP) sent to a mobile phone number registered with the Bank. These features minimize the risk of online fraud and losses due to card theft. Customers also have the option to immediately block their CIMB Niaga JCB OCTO Card Digital Credit Card via the CIMB Niaga OCTO Mobile.

With the fast online application process for the Digital Credit Card, customers will have easier and instant access to their credit cards at the time of payment, without the hassle of carrying a physical credit card. Overall, this new Digital Credit Card is a convenient and hassle-free way to do transactions instantly.

Latest Fintech News: Dechert Continues Global Finance Expansion with Addition of En-Min Chua to its New York Office

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Cathay Bank To Acquire 10 Branches And Select West Coast Loans And Deposits From HSBC

Fintech News Desk

MSCI Announces Strategic Alliance With Microsoft to Accelerate Innovation in the Global Investment Industry

Fintech News Desk

Rapyd Launches All-In-One Payment Integrated Solution in Mexico

Fintech News Desk
1