Although it not the most popular method of payment on the American continent, JCB is widely accepted around the world and has more than 117 million users. Our article covers the pros and cons of using JCB and briefly explains how to deposit and withdraw using this payment method.
JCB stands for Japanese Credit Bureau, and it is the only credit card brand with its
headquarters in Japan that is available internationally. It operates through American Express, allowing you to access locations where you can use it as your preferred payment method.
In order to use it, you need to connect your card to your bank account. Also, depending on your preference, you can opt for a credit, debit, or prepaid card.
JCB is issued in 24 countries and regions and has over 30 million merchants worldwide
where you can use it. However, the main reason for using JCB is its close connection to American Express.
Namely, every merchant or betting site that accepts American Express and Discover cards accepts JCB as well. In addition to that, JCB is the 5th largest global payment brand, which means that you will have multiple options when it comes to using your card.
Using JCB as a payment method is relatively easy. Here are the simple steps that you need to follow in order to deposit funds into your account:
It will take a few minutes for the process to finalize, but that’s all there is to it. Once the transfer is complete, you will be ready to start betting.
The process of withdrawing funds using JCB is as simple, if not easier, as the depositing process. Make sure to follow these simple steps, and you’ll withdraw funds to your account in no time.
Even though it is one of the most popular payment methods worldwide, there are no sports betting sites in Canada that support JCB as a payment method at the moment. JCB credit cards are issued predominantly to European and Asian residents and only to a small portion of residents in the US. Furthermore, in 2018 JCB stopped issuing credit cards in a few US states where they were previously available.
One disadvantage of using JCB credit cards is related to the payment method itself; in case your computer is infected with a virus or malware, there is a small security risk. However, keep in mind that this can be said for every other credit card out there.
Another disadvantage is that the method is basically a revolving line of credit and the deposits that you make are not directly taken off your bank account. If you tend to overspend and go over the limit, you could end up with high charges.
If you are looking to contact JCB customer service, you should start by visiting their website. Also, they have various offices across Europe that you can contact via phone. Another option would be sending them an email. You can make an inquiry as a merchant or a business partner, and you can even contact their JCB Plaza Call Center that provides information about special offers, travel, etc., and offers emergency assistance and help.
How long does it take to receive money using JCB?
Transfers should be instantaneous, but keep in mind that that usually depends on
the bookmaker or the bank processing the transaction.
Does it cost more money if I make a large deposit?
When fees are included in a transaction, they usually come in percentages. Therefore, bigger deposits mean higher fees.
Can I use JCB outside of Canada?
Yes, you can; JCB is an internationally recognized credit card brand.
Who benefits most from using JCB?
Japanese citizens who like to travel or people buying in chain stores like Mitsuwa and Marukai benefit the most from using JCB credit cards.
Which banks is JCB available through?
That depends on your location. In order to check which banks issue JCB credit cards, you should visit their official website.
Do I have to open an account with JCB to use their services?
Yes, you need an account in order to apply for a credit card.
Are transactions with JCB protected?
Yes. JCB uses J/Secure™ and J/Smart™ technology to ensure the safety of every transfer.
Can I reverse a transaction using JCB?
It depends on the circumstances, but yes, it should be possible.