JCB Launches Pilot for CBDC Card Payments

Article

Mentioned Companies:

JCB Launches Pilot for CBDC Card Payments

JCB is Japan’s largest merchant acquirer. It will be the first company in that country to test acceptance of a simulated central bank digital currency (CBDC) in retail stores using existing card payment infrastructure. The trial is underway now and will continue into the first quarter of 2023. The company’s goal is to prove that legacy card acceptance rails are sufficient to handle central bank digital currency. The card used in the pilot is manufactured by Idemia, which also created the Bitcoin-based distributed ledger being used. Standing in for consumers will be 100 JCB employe...

Want to read more?

Please log into your subscriber account.

Check out our subscription offers.
New subscribers receive over 130 articles in the 22 issues published each year, plus the last five years of issues (that’s over 1,200 articles) as a download link, which are fully searchable in PDF format.

Nilson Report

1232

December 2022

Headlines in this Issue

Charts in this Issue

Card Fraud Worldwide, Inside the US vs. Outside the US

Card Fraud Worldwide—2011 through 2021

Card Fraud Projected through 2031

Fraud by Type of Card 2021

Personal Consumption Expenditures in the US 2021

Consumer Payments in the US 2021 with Projections for 2026

Merchant Acceptance Locations

Market Shares of Purchase Volume on Domestic Cards Worldwide

Largest Debit Card Issuers Worldwide–Ranked by Purchase Volume

Spending on Commercial & Consumer Cards in the US

US Visa and Mastercard Commercial Card Products

Commercial Cards’ Share of US General Purchase Volume—2011 through 2021

Largest Credit Card Issuers Worldwide–Ranked by Purchase Volume

Publicly Traded Companies in Payments

Mentioned Companies:

JCB Launches Pilot for CBDC Card Payments

Want to read more?

Newsletter

Nilson Report

1232

Our Promise.