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Banco Santander launches JCB merchant acquiring services in Spain

Banco Santander SA launched JCB merchant acquiring operations in Spain following a license agreement with JCB International Co., Ltd., the international unit of Japanese payment network JCB Co. Ltd.

The partnership will see the Spanish lender accept JCB card payments at its affiliated merchants in Spain.

The alliance will enable the Japanese platform to increase its coverage in Spain and provide augmented services to its clients globally.