Jakarta (Indonesia): The usage of credit card in Indonesia is still low. Only 17 million people were issued credit cards out of approximately 260 million people. However, the credit market is increasing due to young population and economic growth. Bank Mandiri, which is one of the largest banks in Indonesia, announced its partnership with JCB International Indonesia, on issuing JCB Precious credit card to target premium customer.
JCB is major global payment brand and leading payment card issuer and acquirer in Japan. This is the fifth time JCB has collaborated with banks in Indonesia to launch credit card. As part of its international growth strategy, JCB has formed alliance with hundreds of leading banks and financial institutions globally to increase merchant coverage and card members base.
Bank Mandiri is one of leading banks in Indonesia with financial service to customer that cover Corporate, Commercial, SME, Micro, Consumer Banking and Treasury business segment and currently working with several subsidiaries to support its main business. Mandiri JCB Precious Credit Card gives delightful online shopping experience.
Credit cardholder can enjoy many benefits and variety of service provided by JCB, especially premium benefit. The collaboration of Japanese and Indonesian company is contributing to expanding choices of people’s lives by providing variety of special service.