【GMO-FG】Cashless payment "Device Insurance" to cover the cost of repairing terminals will be introduced from October 1キャッシュレス決済端末の修理費用を補償する「端末保険」を10月1日よりご案内開始

GMO Financial Gate, Inc. (Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer: Kentaro Sugiyama, hereinafter referred to as "GMO-FG"), which develops a face-to-face cashless payment platform through the GMO Internet Group, has entered into an agency contract with Aozora Small Amount Short Term Insurance Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director: Tomohiko Morita), which is engaged in the small-amount and short-term insurance business. Device Insurance" will be available from October 1, 2024 (Tuesday). (planned)
"Device Insurance" covers the repair cost of a cashless payment device in the event of damage or malfunction at a monthly cost of 500 yen per device, up to a maximum of 100,000 yen per year. payment The insurance product that covers the cost of repairs specific to the device is a new industry-leading initiative. By using "terminal insurance", merchants can introduce and use cashless payment with peace of mind even in the event of an emergency.

[Features of "Device Insurance"]

GMO-FG is pleased to announce the introduction of a new insurance product "Device Insurance" for cashless payment merchants to merchants who use terminals connected to GMO-FG's centers.
This notice will be implemented after all necessary procedures under applicable laws and regulations and related provisions have been completed.

■ payment Insurance products specializing in terminals

payment It is an insurance product that covers repair costs specific to devices, and is a new initiative that leads the industry. Repair costs of up to 100,000 yen per year will be covered by insurance.

■ Application is completed online

payment From the day you install your device, you can apply online 24 hours a day.

■ Prevention of troubles between merchants and credit card companies

The card company may provide the payment device free of charge to the merchant at the time of introduction, but the merchant will be responsible for the cost of damage or failure outside the warranty period. Due to the difference in perception of this, problems may occur between merchants and credit card companies, but it is possible to prevent such troubles by using "terminal insurance".

[Features of "Device Insurance"]

【GMO Financial Gate】

GMO-FG has built a Actual of trust over the past 25 years since its founding in September 1999 as a payment processing company operator centered on credit/debit payment at face-to-face stores. As a joint use center that supports IC cards, we are committed to innovating the industry with economic rationality and advanced technology. In addition to CCT terminals (shared-use terminals) such as stationary and mobile devices, we also provide embedded payment services for automatic payment machines for hospitals and golf courses, and will contribute to society as a leader in cashless change.

[ About Aozora Small Amount Short Term Insurance Co., Ltd.]

Aozora Small Amount Short Term Insurance Co., Ltd. is a company that develops and provides small-amount, short-term insurance products for corporations and sole proprietors. We have been selling "Clinic Shield," a legal consultation insurance for dental clinics, since 2020. We support the stable management of dental clinics nationwide by providing the uniqueness of being able to consult with specialists about troubles between dental clinics and patients and compensating for the consultation costs.