Launched overseas payment service "GMO-PG Global Payment" in Taiwan
~Establishment of a branch office of a Hong Kong subsidiary in Taiwan as the fourth overseas base~

12 Mar 2014

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GMO Payment Gateway, Inc.

GMO Payment Gateway, Inc. (TSE Partial: Securities Code: Shibuya-ku, Tokyo, President & Chief Executive Officer: Issei Ainoura (hereinafter referred to as "GMO-PG"), which develops payment processing business such as non-face-to-face credit cards at GMO Internet Group, announced that it will provide overseas payment services "GMO-PG Global" in its Taiwan from (Wednesday), March 12, 2014. Payment".
GMO-PG provides the overseas payment service "GMO-PG Global Payment" to Japan businesses that expand into overseas countries and develop non-face-to-face businesses such as E-commerce, and is working to establish overseas bases in Asia to expand the service area. The Taiwan branch will be a branch of GMO PAYMENT GATEWAY HONG KONG LIMITED, a local subsidiary in Hong Kong S.A.R., and will be the fourth overseas office after Singapore, Hong Kong S.A.R., and Malaysia.

GMO-PG announced that it was selected as a subsidiary of the Singapore GMO PAYMENT GATEWAY PTE. STARTING WITH THE ESTABLISHMENT OF LTD., WE HAVE STARTED TO DEVELOP payment processing business MAINLY IN ASIA, AND NOW WE HAVE A SUBSIDIARY OF THE SAME Singapore, GMO PAYMENT GATEWAY HONG KONG LIMITED, Malaysia Hong Kong S.A.R. LOCAL SUBSIDIARY, GMO PAYMENT GATEWAY MALAYSIA SDN. Through our three BHD offices, we provide the overseas payment service "GMO-PG Global Payment".
GMO-PG has determined that there is a high need to enter the Taiwan market as a destination for non-face-to-face business operators Japan who are expanding into overseas countries and selling games and digital content E-commerce expanding into overseas countries as they proceed with business development in the Asian region. The reason for this is that the Taiwan E-commerce market is expected to continue to grow by double digits every year, reaching a scale of approximately 1.Taiwan trillion yuan (approximately 3.4 trillion yen / 1 Taiwan yuan = 3.4 yen) by 2015 (*1), and that all of the Taiwan small-lot logistics operators have cooperative relationships with Japan logistics operators in terms of logistics, which are indispensable for E-commerce development.

In February 2014, GMO-Taiwan PG established a branch office of Hong Kong S.A.R. GMO PAYMENT GATEWAY HONG KONG LIMITED in Taiwan and started offering the overseas payment service "GMO-PG Global Payment". In addition to Singapore, Hong Kong S.A.R., Malaysia, and the recent Taiwan, GMO-PG will continue to expand its services by establishing local subsidiaries or branch offices in Southeast Asia and East Asia, including Indonesia and Thailand, and by collaborating with optimal alliance partners that provide major payment method in each country and region.

*1 Source: Institute for Information Industry I, November 2012, Japan yen conversion is based on rates as of March 11, 2014.

The overseas payment service "GMO-PG Global Payment" is a service for Japan businesses with local subsidiaries that have expanded into overseas countries to develop non-face-to-face businesses such as E-commerce (*2). By connecting to the GMO-PG Global Platform, businesses can use multiple payment method in multiple countries.
GMO-PG has established local subsidiaries and branch offices in each country where the GMO-PG Global Platform can be used, and in addition to providing support from negotiations in Japanese to operational support, sales proceeds are deposited in the local currency of each country where the service is used, so you can use it with peace of mind.
In addition to providing payment services, GMO-PG also proposes optimal solutions for customer service development by Thailand with local businesses in each country for logistics, promotion, marketing, etc., which are necessary for non-face-to-face business such as E-commerce.

(*2) When using this service by a corporation in Japan, 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.

GMO Payment Gateway offers credit cards and other services to more than 46,000 merchants (as of December 2013, GMO Payment Gateway Group), including non-face-to-face sales businesses such as online shops, 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. payment processing services is available. 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.

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/

TEL

+81-3-3464-0182

FAX

03-3464-2387

E-mail

ir@gmo-pg.com

TEL

+81-3-5456-2695

FAX

03-3780-2611

E-mail

pr@gmo.jp

TEL

03-3464-2381

FAX

03-3464-2387

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