JD Group and Mastercard launch strategic partnership to build an open business ecosystem

Recently, the signing ceremony for the strategic cooperation agreement between JD Group and Mastercard was held in Beijing. This collaboration aims to drive innovation and build a more connected, secure, and intelligent business ecosystem. Xu Ran, Vice Chairman of the SEC of JD Group and CEO of JD Group, and Michael Miebach, CEO of Mastercard, attended the ceremony and witnessed the signing of the strategic cooperation agreement by the relevant responsible persons from both sides.

"This cooperation is a continuation of the long-term friendly partnership between Mastercard and JD," said Michael Miebach, CEO of Mastercard. "Leveraging the innovative capabilities, rich experience, and cutting-edge technologies of both parties, we will provide secure and seamless solutions for individuals and businesses, making daily activities more convenient and valuable. At the same time, Mastercard will continue to serve as a bridge connecting China and the world."

Xu Ran, CEO of JD Group, stated: "The interconnectivity of global commerce is deepening, and the technology-driven characteristics are becoming increasingly prominent. The strategic cooperation with Mastercard will support the development of JD's international business and enhance our ability to serve global consumers and enterprises. By combining JD's strengths in digital retail, logistics, and supply chain infrastructure with Mastercard's expertise in payments, we will jointly explore the next generation of business and payment experiences driven by advanced technologies and artificial intelligence, promoting the development of the digital economy."

In building a global payment infrastructure and supporting the growth of small and medium-sized enterprises (SMEs), JD Group and Mastercard will further integrate and optimize global payment connectivity. By constructing payment infrastructure, they will support the development of JD's international business and expand more application scenarios in global commerce.

Furthermore, both parties will jointly explore the cross-border supply chain finance ecosystem to support global SMEs, improve the availability of financing, and enable enterprises to participate in international trade more efficiently. The two sides will deepen cooperation in enhancing the cross-border consumption experience, expanding payment options for international tourists visiting China, including broader support for international credit cards, and optimizing the checkout, shopping, and tax refund experiences, covering JD's e-commerce platform and offline retail channels. Simultaneously, they will explore providing AI agent payment services for individuals and businesses through Mastercard's Agent Pay smart payment solution and advance co-branded credit card programs.

At the same time, JD Group and Mastercard will deepen cooperation in risk management, identity authentication, and intelligent anti-fraud. By enhancing real-time risk monitoring and anti-fraud capabilities, the collaboration aims to improve transaction security and strengthen the stability and risk resilience of digital commerce.