Japan’s Orico to Raise Overseas Transaction Fee on JCB Cards to 3.85%

Japan’s Orico to Raise Overseas Transaction Fee on JCB Cards to 3.85%

Japan’s Orient Corporation (Orico) will raise the overseas transaction fee for Orico Card.

The change applies to JCB-branded cards and is scheduled to take effect sometime between late October and November.

Currently, JCB charges an overseas transaction fee of 1.60%, while Visa and Mastercard charge 3.85%. After the revision, all brands will be unified at 3.85%. Overseas cash advance services will not incur an overseas transaction fee.

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