Now visualizes more detailed consumption trends in Japan

The updated JCB Consumption NOW will provide a breakdown by age, gender, and residence area of statistics for consumer spending - goods, consumer spending - services, and five industries including ecommerce. In addition, statistics will be released sooner than before for even timelier information.

Click here for more information about JCB Consumption NOW. https://www.jcbconsumptionnow.com/en^[1]

JCB Consumption NOW Update

Image: https://www.acnnewswire.com/topimg/Low_jcb181002.jpg^[2]

JCB Consumption NOW Features

1. Multifaceted analysesBased on actual consumption data so you can follow consumption trends by industry and channel of sales, analysis that is unavailable with other indexes. Now JCB Consumption NOW will provide even finer-grained analysis by age, gender, and residence area.

2. More timely updatesConsumption indexes for actual spending from the 1st to the 15th of the month is available on the 1st of the next month, and for spending from the 16th to the end of the month on the 15th of the next month - faster than other consumption index services.

3. More detailed analysesThe index uses a data sample from JCB group cardmember payment information, providing statistics that are close to the population of Japan as a whole with a high degree of accuracy.

4. Protection of privacy and personal informationCustomer payment and demographic information is anonymized as required by Japan's Act on the Protection of Personal Information to protect the privacy and personal information of JCB cardmembers.

About the data used for calculating JCB Consumption NOW statistics

The updated JCB Consumption NOW uses anonymized JCB cardmember payment information to calculate consumption statistics. Anonymized information is processed as required by Japan's Act on the Protection of Personal Information so that individuals cannot be identified from the information and the information cannot be restored to an unanonymized state. JCB encrypts the anonymized information and transmits it to Nowcast via secure channels.

About JCB

JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and card member base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/^[3]

ContactJCB Co., Ltd.Kumiko KidaCorporate CommunicationsTel: +81-3-5778-8353Email: [email protected]^[4]

Nowcast lnc.Masashi TsujinakaTEL: +81-3-6272-5550Email: [email protected]^[5]

[1] Note that individual JCB cardmembers cannot be identified with the information provided by JCB Consumption NOW.

Topic: Press release summarySectors: Cards/Payments^[6] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

1. ^{^} https://www.jcbconsumptionnow.com/en (www.jcbconsumptionnow.com)
2. ^{^} https://www.acnnewswire.com/topimg/Low_jcb181002.jpg (www.acnnewswire.com)
3. ^{^} www.global.jcb/en/ (www.global.jcb)
4. ^{^} [email protected] (www.acnnewswire.com)
5. ^{^} [email protected] (www.acnnewswire.com)
6. ^{^} Cards/Payments (www.acnnewswire.com)