JCB has recently signed an agreement with Ping An Bank Co. Limited (Ping An Bank) for issuing JCB cards in China.

The new partnership marks the seventh bank to start JCB card issuance in China. Starting June 1, 2009, Ping An Bank began promoting the new “Ping An Bank BE@RBRICK JCB Card” featuring the popular BE@RBRICK bear-shaped block-type figure owned by MEDICOM TOY CORPORATION, a Japanese toy maker.

In addition to Ping An Bank Co. Limited, Bank of China, Bank of Shanghai, China Everbright Bank, China Merchants Bank, Shanghai Pudong Development Bank and China Minsheng Banking Corp., Ltd. have already launched JCB brand credit card issuing programs, and the cardmember base is more than two million in the country.

Since 1982, JCB has been expanding JCB card acceptance in China. Currently JCB has alliances with eleven partner banks and financial institutions for merchant acquiring, and approximately 80,000 merchants now accept JCB cards.

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