Japan_Credit_Bureau Japan_Credit_Bureau

Japan Credit Bureau - Definition and Overview

Related Words: Acclaim, Account, Acknowledgment, Application, Approval, Ascendancy

Japan Credit Bureau, usually abbreviated as JCB, is a credit card company based in Tokyo, Japan. Its English name is JCB Co., Ltd. The abbreviation is sometimes thought to stand for Japan Commerce Bank, but this is incorrect (http://www.jcbinternational.com/htm/about/history.htm).

Founded in 1961, JCB established dominance over the Japanese credit card market when it purchased Osaka Credit Bureau in 1968. JCB cards are now accepted by 11 million merchants in 189 countries, and are commonly accepted at hotels and upscale shopping outlets in major cities around the world. JCB also operates a network of membership lounges targeting Japanese, Chinese, and Korean travelers in Europe, Asia, and North America.

In the United States, JCB is accepted primarily at businesses concerned with travel and hospitality (such as airlines, car rental companies, and hotels), but increasingly also at businesses such as department stores, gas stations, and Japanese specialty retailers such as Mitsuwa and Marukai. JCB accounts in the US are issued by JCBUSA.

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