FREE PLAN
Description
JCC Payment Systems is Cyprus’ market leader in payment-processing technologies and financial solutions for merchants and financial institutions. It has been supporting businesses in accepting electronic payments from multiple sales channels for over 30 years, following the decision of the major Cyprus’ banking institutions to collaborate for the purpose of administering the processing and settlement of card transactions.
Today, JCC is considered the trusted service provider of choice for all financial technology requirements ranging from fraud prevention, card personalisation and ATM management, to hosting and business continuity services. The services offered do not focus solely on payments but on the entire digital transformation spectrum and include trust services.
Payment Methods
Payment Options
Accepted Business Sizes
Accepted Industries
Processing in
Integration Methods
Plugins
FREE PLAN
Company Details
- Cyprus
- 51-200
- Private
- 1989
Additional Details
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Risk AppetiteLow Risk, Medium Risk
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License TypePayment Service Provider
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RegulatedYes
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Processing currenciesCHF, EUR, GBP, USD
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Settlement CurrenciesEUR, GBP, USD
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Settlement Cycle1 days
Last updated
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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