Leading Japanese Payment Solutions Provider, GMO Payment Gateway to Launch Global Business
GMO-PG Singapore subsidiary to offer international local currency payment solutions to ecommerce merchants in Japan GMO-PG 海外事業展開を開始
～海外進出を行う日本のEC事業者に、各国で利用されている決済手段を提供～

June 6, 2013

GMO Payment Gateway, Inc.

GMO Internet Group to develop non-face-to-face credit card 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") was established in October 2012 as Singapore subsidiary GMO Payment Gateway, PTE. LTD. (hereinafter referred to as GMO-PG Singapore) will start offering the overseas payment service "GMO-PG Global Payment" in early October 2013.
This service provides a single interface for non-face-to-face business operators who E-commerce expand from Japan to overseas countries and sell games and digital content, etc., with a single interface of payment services in local currencies, which are the most used in overseas countries.

【Background and Summary】

Currently, GMO-PG provides payment services mainly for non-face-to-face businesses such as E-commerce operated in Japan by domestic operators in Japan, and provides three payment method services for E-commerce businesses that are developed overseas from Japan to overseas: credit card (denominated in Japan yen), PayPal, and Alipay for China.
However, in the past 1~2 years, Japan companies developing Internet businesses have been expanding into overseas markets one after another, and existing GMO-PG customers (member stores) are increasingly interested in overseas payment situations and market conditions in each country, and inquiries are increasing.
In this way, as interest in overseas expansion of non-face-to-face business operators increases, there are many inquiries about Asian countries, mainly Southeast Asia, and at the same time, there is an increasing number of requests for GMO-PG to provide local payment services in the currencies of each country.
In order to respond to these demands, GMO-PG established GMO-PG Singapore in October 2012 as an overseas headquarters, and has decided to provide the overseas payment service "GMO-PG Global Payment" in cooperation with payment processing business companies in each country.

Development of GMO-PG Global Payment

From October 2013, the overseas payment service "GMO-PG Global Payment" will be rolled out sequentially in Southeast Asia and East Asia, including Singapore, Malaysia, Indonesia, Thailand, Hong Kong S.A.R., and Taiwan.
The development of this service is made possible through a business alliance between GMO-PG Singapore and major payment processing company operators operating in Southeast Asian countries. We will gradually add the most suitable alliance partners in each country and expand our services.

[ Outline of the overseas payment service "GMO-PG Global Payment" ]

The overseas payment service "GMO-PG Global Payment" is a service for Japan businesses that have local subsidiaries that expand into overseas countries and develop non-face-to-face businesses such as E-commerce. (*１)

Feature 1: Multiple countries and multiple payment method can be used by connecting to the "GMO-PG Global Platform"

By incorporating the API of the "GMO-PG Global Platform" prepared by GMO-PG into the customer's service system, you will be able to use payment method in overseas countries.
You don't need to independently research, negotiate, contract, or connect to payment processing company companies in each country, and you can use the payment method in each country just by contract GMO-PG with GMO-PG.
The GMO-PG Global Platform collaborates with local businesses in each country to provide the most used payment method in each country. (*2)

Feature 2: Local negotiation and operational support in Japanese in each country

GMO-PG will establish local subsidiaries and branches in each country where the GMO-PG Global Platform is available, and will provide support from negotiations in Japanese to operational support. (*3)

Feature 3: Sales in each country are settled in each country

Since the sales proceeds will be deposited in the local currency of the country where the service is used, there is no need to worry about being affected by exchange rate fluctuations or incurring overseas remittance fees.

Feature 4: Proposal of related solutions necessary for business development in each country

Logistics, promotions, marketing, etc., which are necessary when conducting non-face-to-face business such as E-commerce, need to be handled according to the circumstances of each country. GMO-PG not only provides payment services, but also proposes optimal solutions for customer service development by Thailand with local businesses in each country.

(*1)
Japan when domestic corporations use this service, it will be provided to the extent that it does not conflict with restrictions on cross-border transactions of credit card brands or the laws of overseas countries.
(*2)
In Southeast Asia, credit card penetration rate is still low, and payment method such as debit, advance transfer, or prepaid credit cards are common because of concerns about fraud, etc., and it is important to cover a wide range of these payment method in marketing strategy.
(*3)
Service Usage contract Forms are available in English.

<GMO-PG Global Payment service image>

【GMO Payment Gateway】

GMO Payment Gateway provides credit cards and other payment processing services to more than 40,000 merchants (as of March 2013 of the GMO Payment Gateway Group), including non-face-to-face sales businesses such as online shops, content developed on social media 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 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 Global Payment Page: URL : http://www.gmo-pg.com/service/gmo-pg_global_payment

GMO-PG (Company Profile): URL : http://corp.gmo-pg.com/

GMO-PG (Service): URL : http://www.gmo-pg.com/

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

E-mail: ir@gmo-pg.com

GMO Internet, Inc. Group Public Relations, Investor Relations Department Hosoda, Ishii

TEL: +81-3-5456-2695

FAX: 03-3780-2611

E-mail: pr@gmo.jp

Inquiries about our services

GMO Payment Gateway, Inc. Global Business Strategy Office

TEL: 03-3464-2381

FAX: 03-3464-2477

E-mail: globalbusiness@gmo-pg.com

【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 ■Internet Media Business ■Internet Securities Business ■Social & Smartphone-related Business