Read Our News

Fiuu Secures JCB Direct Acquiring Licence in Three ASEAN Markets

July 23, 2026

The new arrangement allows the company to process JCB transactions directly and reduce its reliance on intermediaries.

Fiuu can now process JCB card transactions directly in Malaysia, Singapore and the Philippines.

The company has secured a JCB direct acquiring licence as a regional acquirer, allowing it to connect directly with JCB and reduce its reliance on intermediaries.

The arrangement gives Fiuu greater control over transaction processing, settlements and merchant support across online and physical payment channels.

Fiuu reported processing US$13 billion in total payment volume during the 2025 financial year.

Eng Sheng Guan

“This milestone reflects the next phase of Fiuu’s regional acquiring growth. Businesses expanding across Southeast Asia need payment partners that can combine local market understanding, direct scheme connectivity, and operational depth. Our direct acquiring relationship with JCB strengthens that foundation, allowing us to support merchants with broader acceptance, greater consistency, and the confidence to serve customers across both digital and physical commerce,” said Eng Sheng Guan, CEO of Fiuu.

JCB had 181 million cards issued globally and acceptance at 72 million merchants worldwide as of 2026, according to the announcement.

The arrangement is expected to widen access to JCB cardholders across Fiuu’s merchant network.

“As Southeast Asia’s payments landscape continues to evolve rapidly, Fiuu’s regional expertise, fast-growing merchant network, and multi-channel payment capabilities make it an important partner inexpanding JCB acceptance across this region,” said Shimpei Yamaguchi, Managing Director of JCB International Asia Pacific Pte. Ltd.

Shimpei Yamaguchi

Fiuu is also working to extend its direct JCB acquiring capability to Thailand.

Featured image: [From left] Daniel Han (Head Acquiring, JCB International Asia Pacific Pte Ltd, Malaysia Branch), Kenta Yanase (Country Manager, JCB International Asia Pacific Pte. Ltd., Malaysia Branch), Shimpei Yamaguchi (Managing Director of JCB International Asia Pacific Pte. Ltd.), Eng Sheng Guan (Chief Executive Officer of Fiuu), Jacqueline Lim (Chief Business Development Officer of Fiuu) and Oon Wee Keong (Chief Operating Officer of Fiuu)

Repost from: Fintech News Malaysia