Payment gateway Fiuu has obtained a direct acquiring license from JCB Co., Inc., designating it as a regional acquirer across Malaysia, Singapore, and the Philippines. The fintech arm of Razer, Inc. announced the milestone in a statement on Thursday.

The license allows Fiuu to connect directly with JCB and process transactions in-house, reducing its reliance on intermediaries and enabling merchants to accept JCB payments more reliably across both online and offline channels. JCB, Japan's largest domestic card brand, has been working to grow its acceptance footprint across Southeast Asia, where cross-border commerce and Japanese tourist traffic represent meaningful volumes for merchants.

Fiuu Chief Executive Officer Eng Sheng Guan described the development as a significant step in the company's regional expansion. "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," he said.

According to Fiuu, the license grants the company greater control over transaction processing, settlement operations, payment performance, and merchant servicing. The company expects this to translate into faster settlement processes, clearer transaction visibility, improved reliability, and a more consistent acceptance experience for JCB cardholders.

Fiuu is also working to extend JCB card acquiring to Thailand as it seeks to strengthen its position as a card scheme acquirer throughout Southeast Asia. Thailand is one of the most visited destinations in the region for Japanese travelers, which reinforces the practical value of broader JCB acceptance for merchants there. The move aligns with the company's broader ambition to provide businesses with a single payment partner offering direct acquiring capability, local market expertise, and secure, scalable payment solutions.

For JCB, the partnership is expected to expand card acceptance across Fiuu's merchant network, giving businesses access to more JCB cardholders and broadening payment coverage across the region.

"We are delighted to partner with Fiuu as our Regional Acquirer for Malaysia, Singapore, and the Philippines. 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 in expanding JCB acceptance across this region. Together, we are committed to making JCB more accessible to merchants and cardmembers while expanding the payment network for JCB Cardmembers," said Shimpei Yamagichi, Managing Director of JCB International Asia Pacific Pte. Ltd.

JCB has issued 181 million cards globally as of 2026, with acceptance at 72 million merchants worldwide. Fiuu processed a total payment volume of $13 billion as of 2025.

"By becoming a JCB Direct Acquirer, Fiuu continues to deepen its role as a trusted regional payment partner for businesses seeking stronger acceptance, better operational efficiency, and wider customer reach," the company said.

— Aaron Michael C. Sy