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Paystand B2B Blockchain for JCB

Paystand, provider of a blockchain-based business-to-business payment platform in the U.S. and Canada, is expanding to Japan. JCB will provide Paystand’s end-to-end payments-as-a-service platform to existing and new customers. Already the top consumer card issuer in Japan, JCB sees commercial card and noncard B2B payments as a growth opportunity in its home country. The B2B payment market in Japan is estimated to be in the $10-trillion range. However, only 1% of commercial payments in Japan are made via commercial credit card products, and an even smaller percentage are made through other...

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January 2020
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