GMO Payment Gateway and Quantum Jump Japan form capital and business alliance
Providing Credit card payment services to 1,400 driving schools nationwide

December 20, 2006
GMO Payment Gateway, Inc.

GMO Credit card payment Payment Gateway Co., Ltd. (TSE Mothers: Securities Code: 3769 Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as GMO-PG) and On Wednesday, December 20, Quantum Jump Japan Co., Ltd. (Headquarters: Musashino-shi, Tokyo, President & Chief Executive Officer: Masakazu Sakai, hereinafter referred to as "QJJ"), which operates an assessment and management service business (comprehensive automobile revitalization consulting), has agreed to form a capital and business alliance with approximately 1,400 authorized driving schools nationwide Credit card payment It was decided to provide and promote the service.

Japan's private final consumption expenditure is 287 trillion yen*, but there are only a limited number of areas where Credit card payment can be used, and the amount handled by credit cards is only about 29 trillion yen**. GMO-PG is developing Credit card payment on the Internet for markets where credit cards have not yet been introduced, such as utility charge. Since the beginning of 2006, we have been providing Credit card payment services in the fields of NHK subscription fees, rent, and delivery (home delivery and delivery). Approximately 1.5 million people a year use driving schools that will promote the spread of the service, and the market size is about 500 billion yen, but the payment fee is mainly face-to-face cash payment and installment payments, and credit card payments on the Internet are a market that has been slow to introduce.

On the other hand, QJJ has succeeded in increasing the value of used driving vehicles in the same market by building a system for secondary distribution between driving schools. In addition, in order to further deepen the cooperation with driving schools, we will launch a portal site to introduce those who wish to obtain a driver's license, and introduce trainees free of charge. As a result, we will be able to eliminate the burden of placement fees paid by driving schools to mediation agencies, compensate for the decrease in revenue due to the decrease in the number of people who want to obtain a license due to the declining birthrate, and we are preparing to provide various additional services to those who wish to obtain a license, including the simplification of the fee payment procedure.