- Sep 28, 2020
- Business Update
JD Partners With CCB (Asia), Mastercard To Issue Credit Card In HK
by Martin Li
JD today announced that it will be partnering with China Construction Bank (Asia) Corporation Limited [“CCB (Asia)”] and Mastercard to issue a CCB (Asia) JD Mastercard Credit Card in Hong Kong, in an effort to provide local consumers with a better online shopping experience.
Cardholders will be entitled to a 4% unlimited cash rebate for purchase on e-commerce platforms including JD’s e-commerce platform in Hong Kong hk.jd.com. A 0.5% unlimited cash rebate will be available for other local and overseas transactions.
(From left to right) Helena Chen, Managing Director, Hong Kong and Macau, Mastercard; Miranda Kwok, President and Executive Director, CCB (Asia); and Tonny Tong, Commercial Director – Hong Kong, JD.com.
JD will also offer a diversity of benefits every month to consumers using the card, including an early bird coupon from October 1st to November 30th , a monthly exclusive coupon worth RMB 99 yuan from December 1st to 31st , a lucky draw instant discount from October 1st to December 31st , and a JD VIP Day exclusive privilege from November 6th to December 31st .
“The Hong Kong credit card market is always in a keen competition,” said Miranda Kwok, President and Executive Director, CCB (Asia). “Exploring new spending scenarios and expanding acquisition channels have been the key focus of our credit card business development. We are glad to have the opportunity to launch the new co-branded credit card with JD, not only providing very attractive online shopping offers to customers, but also introducing a new dose of excitement to the market. Furthermore, we hope to vigorously promote and support Hong Kong’s economic recovery during the COVID-19 pandemic. We are now planning a big promotion during the 11/11 event in November, so please stay tuned and enjoy.”
JD will continue to bring more exclusive offers and benefits to customers, providing consumers all over the world with cost-effective products and excellent service, according to Chris Choi, head of Global Sales, JD.com.
“JD Global Sales, an essential part of JD International Business, is committed to providing global consumers with a high-quality, cross-border shopping experience,” Choi said. “The launch of the credit card, issued by CCB (Asia) and powered by Mastercard, is the start of a new and exciting journey for JD in our endeavor to build our presence in the Hong Kong market. The cross-border integration of e-commerce platforms and financial services continues to build a rich consumption landscape forconsumers.”
Helena Chen, Managing Director, Hong Kong and Macau, Mastercard, said, “With this new collaboration with JD and CCB (Asia), Mastercard is further demonstrating its commitment to driving e-commerce and addressing all Hongkongers’ daily needs through digital payment. Amid these trying times caused by the spread of COVID-19, Mastercard is maximizing all available options when it comes to digital commerce while focusing on safety and security, providing a fast, frictionless payment experience that is protected at every step.”