21 May 2013
Epsilon Corporation
Epsilon Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer: Yusuke Arai, hereinafter referred to as "Epsilon"), a consolidated company of GMO Payment Gateway, Inc. in the GMO Internet Group, will change its name to "GMO Epsilon, Inc." on Monday, June 17, 2013.
[Reason for the change of company name]
With the expansion of the e-commerce market, it has become relatively easy for SME to enter e-commerce, and Epsilon has been very well received by many merchants because it provides various payment method and delivery services such as Credit card payment, cash on delivery, payment, and CVS Payment at low prices for e-commerce businesses.
Epsilon has decided to change its name to "GMO Epsilon, Inc." in order to contribute to society more widely by demonstrating the synergistic effect of collaboration within the GMO Internet Group and improving the credibility of its merchants in the e-commerce market, which will continue to expand in the future.
With the addition of GMOs to our company name, we will continue to provide safe and convenient services to more e-commerce businesses and contribute to the development of the domestic e-commerce market.
【Overview】
New company name | GMO Epsilon, Inc. GMO Epsilon, Inc. |
---|---|
Timing of change | June 17, 2013 |
New Company Logo | ![]() |
About Epsilon (URL: http://www.epsilon.jp/)
Epsilon is a payment processing services provider with no upfront costs or transaction processing fees*. With Epsilon and contract, you don't need to build a system for each payment provider, and you can use a variety of payment method and delivery services at once. Since the product price collected from the buyer and the freight settlement for delivery are also carried out in one go, it is possible to save a lot of time and cost. In addition, TSE is a member of the GMO Internet Group, which is a partially listed company, and the security standards of the system comply with ISMS, making it an environment where member stores can use it with peace of mind. The number of merchants using Epsilon's services is increasing at a pace of more than 20% per year, and is growing rapidly, reaching approximately 20,000 stores as of the end of March 2013.
- *Transaction processing fee is a fee charged for each communication with a credit card company, such as credit card authorization (obtaining an authorization number) and billing.
Media Inquiries
Epsilon Corporation
- TEL
03-6415-6755
- FAX
03-6415-6756
- sales-support@epsilon.jp
GMO Payment Gateway, Inc. Corporate Value Creation Strategy Division Corporate Value Creation Planning Office
- TEL
+81-3-3464-0182
- FAX
03-3464-2477
- ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations, Investor Relations Department Hosoda, Ishii
- TEL
+81-3-5456-2695
- FAX
03-3780-2611
- pr@gmo.jp
[Epsilon Corporation] (URL: http://www.epsilon.jp/)
Corporate Name |
Epsilon Corporation |
---|---|
Location | 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Shibuya Humax Building |
Representative | President & Chief Executive Officer Yusuke Arai |
Business Description | ■ Online sales payment processing company, payment collection agency and operations incidental to them |
【GMO Payment Gateway, Inc.】 (URL: http://corp.gmo-pg.com/)
Corporate Name |
GMO Payment Gateway, Inc. (TSE First Section Securities Code: 3769) |
---|---|
Location | 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Shibuya Humax Building |
Representative | President & Chief Executive Officer Issei Ainoura |
Business Description | ■ payment processing services such as credit cards and ancillary services |
【GMO Internet, Inc.】 (URL: http://www.gmo.jp/)
Corporate Name | GMO Internet, Inc. (TSE First Section Securities Code: 9449) |
---|---|
Location | Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo |
Representative | Chairman and CEO / Group Representative Masatoshi Kumagai |
Business Description |
■ WEB infrastructure and EC business |