• GMO PAYMENT GATEWAY

GMO Payment Gateway, PayPal billing service launched,
Developing the market for micro-billed and multi-currency currencies payment the world

PayPal partners with GMO-PG to provide SaaS to 20,000 stores

December 28, 2009
GMO Payment Gateway, Inc.

GMO Internet Group Develops Non-Face-to-Face Credit Card payment processing business GMO Payment Gateway, Inc. (TSE Partial: Securities Code: 3769 Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer: Issei Ainoura (hereinafter referred to as GMO-PG) announced today, December 28, that it will be a new payment method in GMO-PG's SaaS type "PG Multi-Payment Service". PayPal Service" will be launched.

By providing PayPal, an online payment system that has been widely used worldwide, through GMO-PG, businesses will be able to use PayPal with a high level of security, and PayPal companies will be able to provide PayPal to approximately 20,000 merchants at once of the payment service provided by GMO-PG.

Background and Overview

PayPal is a global leader in online payment systems with more than 200 million registered accounts and 78 million active users. Currently, it supports 24 currencies and is used in about 190 countries and regions including Japan, and PayPal's total transaction volume in 2008 was 60 billion dollars (about 6 trillion yen), accounting for about 9% (*) of the global EC market.

PayPal allows businesses to sell goods and services across borders and easily accommodate microcharges. In addition, shoppers can shop on shopping sites around the world by simply providing an email address and without providing credit card information.

GMO-PG is pleased to announce the launch of the "PayPal Service" as a new payment method in "PG Multi-Payment Service", which provides various payment method such as credit cards, convenience store storage, electronic money, and Pay-easy.

"PG Multi-Payment Service" is a SaaS-type service based on the payment framework, and EC businesses can select the payment method they need and install and add them at any time, and all payment can be processed and managed on a single web screen payment method PayPal payment. It can be operated.

On the other hand, for PayPal companies, GMO-PG will be able to appeal to more than 20,000 GMO-PG merchants at the same time by becoming a payment processor in the PayPal Japan.

GMO-PG will develop the "PayPal Service" as the second phase of the global alliance following the "Alipay International payment Service".

Expected main businesses
  • Providers of services, content, and social applications that require a small fee
  • Distributor of digital content such as anime and game-related products with large overseas demand
  • Various product distributors with a high ratio of overseas sales
Benefits of PayPal Services
  • Small charges made easy
  • It can be sold to more than 200 million users worldwide in 24 local currencies, which is expected to have a sales promotion effect

(※) PayPal "Q3 2009 FAST FACTS"

About GMO-PG's "payment Platform"

The "payment Platform" developed by GMO-PG is a concept that enhances the value provided to both GMO-PG merchants and payment service providers by using GMO-PG's payment services as a common infrastructure. GMO-PG merchants can freely select, introduce, and add payment method and services that correspond to the "payment Platform", and payment service providers can partner with GMO-PG to support the "payment Platform" and all at once for GMO-PG merchants who use it payment We can provide you with services.

The "payment Platform" is mainly Credit card payment and supports each payment method of "PG Multi-Payment Service" and "Alipay International payment Service", and we will continue to add new payment services to meet the needs of the times, including support for the "PayPal Service".

About PayPalURL:http://www.paypal.jp

Headquartered in Jose, Mr./Ms. California, USA, eBay Group is an online acquirer. The overseas headquarters is located in PayPal Pte. Ltd.。 See www.paypal.com for details.

Note to consumers: PayPal PayPal Pte. Ltd. does not require approval from the finance Monetary Authority of Singapore.

Please check the contract Terms and Conditions carefully before using this service.

GMO Payment Gateway Co., Ltd. URL: http://www.gmo-pg.com/

GMO-PG provides credit cards and other payment processing services to non-face-to-face sales businesses such as Internet shops, monthly fee-based businesses such as CATV and NHK, and public entity such as the Japan Pension Service (formerly the Social Insurance Agency) and the Tokyo Metropolitan Government. We aim to make payment safe and convenient for consumers and businesses, and to be the infrastructure for Japan payment processes. As a leading company in the payment industry, we will lead innovation and contribute to the improvement of the EC conversion rate.

Media Inquiries
GMO Payment Gateway, Inc. Corporate Planning Office
TEL

+81-3-3464-0182

FAX

03-3464-2477

E-mail
ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations Department
TEL

+81-3-5456-2695

FAX

03-3780-2611

E-mail
pr@gmo.jp
GMO Payment Gateway Company Profile
Location 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Shibuya Humax Building
President & Chief Executive Officer Issei Ainoura
Business Description payment processing services such as credit cards and related services
Capital 655,810,000 yen
Company Name

GMO Payment Gateway, Inc.
(TSE Part Securities Code: 3769)

GMO Internet, Inc. Company Profile
Location Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo
Chairman & Chief Executive Officer President Masatoshi Kumagai
Business Description

WEB Infrastructure & E-Commerce Business

Internet Media Business

Capital

1,276,830,000 yen

Corporate Name GMO Internet, Inc.
(TSE Part Code: 9449)
http://www.gmo.jp/