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BUSINESS

JCB Partners with NPCI to Offer 40% Cashback to RuPay JCB Cardholders

All RuPay JCB debit and credit cardholders will get 40% cashback on in-store purchases in Thailand, Singapore and Bahrain.

Japanese international payment brand JCB International Co will partner with National Payments Corporation of India (NPCI) to offer RuPay JCB cardholders 40% cashback on in-store purchases, the company said in an official press release.

RuPay and JCB have announced the third phase of a limited-time cashback campaign for all RuPay JCB debit and credit cardholders. During the promotion period, customers using RuPay JCB cards will get 40% cashback when shopping at retail outlets in the UAE, Thailand, Malaysia and Spain. In-store purchases are in-person point-of-sale (PoS) transactions at a merchant location.

Offer valid from May 15 to August 15, 2023. The maximum cashback amount per transaction during the promotion period is Rs 3,000 and the total cashback is capped at Rs 15,000 per card.

Yo Sato, Senior Vice President, JCB International, said: “Continuing our journey to provide our cardholders with an unparalleled experience, we are pleased to announce the launch of our third cashback campaign in the UAE, Thailand, Malaysia and Spain. During the summer holidays During this period, we expect a large number of tourists to visit these locations, and this offer will make our cardmembers’ vacations more meaningful and memorable when they shop at merchant outlets in these locations.”

Denny V. Thomas, Head of RuPay, NPCI, said: “Given our strong commitment to making RuPay global, we are delighted to announce a cashback offer in partnership with JCB. The first two legs of the cashback campaign were launched last year and are based on good responses has now been extended to the UAE, Thailand, Malaysia and Spain.”

JCB is a major global payments brand and a leading credit card issuer and acquirer in Japan. JCB has issued cards in many countries and regions in the world, with more than 150 million cardholders.

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