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SIA and JCB sign merchant agreement in Italy

Italian payment service provider SIA and JCB International, a major global payment brand operating in 190 countries around the world, have signed a five-year agreement for the processing of payment transactions of JCB merchants in Italy through the SIA technology platform.

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SIA has signed a merchant processing agreement with JCB International

The agreement reached with SIA will enable JCBI to consolidate its international presence and the acceptance network for the JCB cards issued outside Italy. In addition to the newly managed Italian merchants, SIA is already delivering the same processing services to JCBI in other European countries.

The SIA platform guarantees compliance with the most recent Italian and European regulations on calculation of fees, and due to its multi-currency and multi-country features, enabling the complete management of the merchant, from the authorisation process to acceptance of the transaction, from reporting services to account settlement, all in compliance with the international data security standards relating to debit and credit cards (PCI-DSS).

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