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2014-08-21
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Home arrow Banks arrow Cyprus

JCC Payment Systems


Address :
Stadiou 1, 2571 Nisou, PO Box 21043, 1500 Nicosia, Cyprus
Sponsored links
Telephone :
+357 22 868 150
Fax :
+357 22 868 111
Website :
http://www.jcc.com.cy/
E-mail :
JCC Payment Systems

JCC Payment Systems Limited (JCC) is the primary processor of card transactions in Cyprus. Their company maintains a client base of registered merchants who choose to accept cards as payment for the products and/or services they offer to their own customers.

The company was established in 1987 by the Bank of Cyprus Ltd. At a later stage the Cyprus Popular Bank became a shareholder and shortly afterwards other banking institutions in Cyprus became shareholders under the formation of a consortium which now includes: Hellenic Bank, National Bank of Greece, Alpha Bank and Arab Bank. The representatives of the above mentioned banks and the consortium constitute the Board of Directors of the company. Other commercial banks in Cyprus, which are not shareholders in the company, make use of the services offered by JCC Payment Systems Ltd.

The core of business of JCC would be:

  1. Merchants
    • signing up
    • servicing
    • processing
    • clearing & settlement
  2. National Card Authorisation Centre
    • National warning bulletin
    • National POS Network
    • National ATM Network
    • National Inter-bank electronic transfer center
  3. Smart cards and electronic commerce project coordinator
  4. General Inter-banking Systems cooperation

Their goal is to facilitate online payments and make sure you have a secure and safe site for online transactions.

The staff employed at JCC numbers 67. Of these, 64 are located in Nicosia, two in Limassol two in Larnaca and one in Paphos.