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April 10, 2013
GMO Payment Gateway, Inc.
GMO Internet Group's payment processing business GMO Payment Gateway, Inc. (TSE Part: Securities Code: 3769 Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG") has capital and business alliance with fluxflex, Inc. (Headquarters: San Francisco, CEO: Kei Kubo, hereinafter referred to as "fluxflex"), and in April 2013, it began full-scale support for the development of fluxflex's Credit card payment service "WebPay" for developers as an infrastructure partner.
"WebPay" can be implemented more easily with a Restful API instead of the complicated API of the conventional payment system, so it is possible to reduce the development time required to incorporate the payment system. In addition, since the API is independent of language and OS, it is possible to easily implement payment services for in-app purchases such as iOS, Android?, and Windows®.
【Background and Summary】
In recent years, developer-led "lean startup"*1 has become the mainstream in the construction and provision of web services, and it is required to be easily incorporated into the requirements of payment systems in a short time. In addition, in recent years, there has been a growing demand for payment systems that can be introduced in the form of easy-to-use APIs and libraries*2 that are independent of language or OS, as there are a wide variety of consumer payment scenes, such as billing and payment on web services and apps for various devices. In the U.S., payment services such as Stripe*3, which features ease of integration into payment systems, are attracting attention, increasing number of merchants and trading volume.
Against this background, GMO-PG believes that payment services that pursue ease of embedding without relying on language or OS such as iOS, Android, and Windows will be important in the Japan in the future, and have high knowledge and technical capabilities in this field and are compatible with "Stripe" payment We have formed a capital alliance with fluxflex, which provides APIs. GMO-PG will provide fluxflex with Credit card payment processing functions and contract of merchant infrastructure, which fluxflex will implement to develop WebPay, a credit payment service for developers. GMO-PG will support the deployment of "WebPay" by providing Credit card payment processing functions and contract infrastructure for merchants.
When developing web services and in-app purchases, developers took a considerable amount of time and effort to incorporate the flexibility of the API in proportion to the flexibility of the transition of supported devices and payment screens, but by using "WebPay" in the payment system, these flexibility can be ensured while payment It is possible to significantly reduce the development time required for system integration.
In addition, WebPay is expanding its payment library so that it can be used regardless of language or OS, and in the future, it will be possible to easily implement billing functions in web services and apps on a wide variety of devices and operating systems. GMO-PG and fluxflex will roll out WebPay with the goal of reaching 200 stores this year.
- *1: Lean startup is a management method for starting a business or launching a new business (startup), such as exploring the needs of the market and users while repeatedly building and testing hypotheses at a minimum cost and in a short cycle.
- *2: A library is a system in which programs with specific functions are stylized so that they can be quoted from other programs, and these are combined into a single file.
- *3: "Stripe" refers to an overseas payment service. The payment system has been praised for its ease of integration, and has raised about $40M in funding from leading venture capitals, including the founder of a major payment service PayPal and Sequoia Capital.
About fluxflex, Inc.
FluxFlex is a seed venture launched in the United States in March 2010 that provides cloud hosting and payment system services mainly targeting web and mobile developers.
【GMO Payment Gateway】
GMO-PG provides credit cards and other payment processing services to more than 40,000 merchants (as of December 2012, GMO Payment Gateway Group), including non-face-to-face sales businesses such as online shops, content developed on SNS and smartphones, businesses that charge monthly fees such as NHK, and public entity such as the Japan Pension Service and the Tokyo Metropolitan Government. We provide. 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 drive innovation and contribute to improving the EC ratio of Japan.
Related URL
- GMO-PG (Company Profile)
- URL: http://corp.gmo-pg.com/ (Company information site)
- GMO-PG (Service)
- URL: http://www.gmo-pg.com/ (payment data site for card payment, etc.)
- fluxflex service site "WebPay"
- URL: https://webpay.jp/ (fluxflex service site "WebPay")
Media Inquiries
GMO Payment Gateway, Inc. Corporate Value Creation Strategy Corporate Value Creation Planning Office, Corporate Value Creation Planning Division, Corporate Value Creation Division
- TEL
+81-3-3464-0182
- FAX
03-3464-2477
- ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations, Investor Relations Department Fukui, Ishii
- TEL
+81-3-5456-2695
- FAX
03-3780-2611
- pr@gmo.jp
Inquiries about our services
GMO Payment Gateway, Inc. Corporate Value Creation Strategy Division Person in charge: Yanaka
- webpay@gmo-pg.com
【GMO Payment Gateway, Inc.】 （URL : http://corp.gmo-pg.com/）
| Corporate Name |
GMO Payment Gateway, Inc. (TSE Part 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 part 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 |
- * "Android" is a trademark or registered trademark of Google Inc.
- * "iPhone" is a registered trademark of Apple Inc. The iPhone trademark is used under license from Aiphone Co., Ltd.
- * The iOS trademark is used under license from Cisco in the United States and other countries.
- * Other company names and product names are trademarks or registered trademarks of their respective companies.