will relocate to each operating company's site.
April 14, 2014
GMO Payment Gateway, Inc.
GMO Internet Group develops payment processing business such as non-face-to-face credit cards 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") is pleased to announce that Visa Worldwide (Location: Chiyoda-ku, Tokyo, Representative Director: Kazuhiko Okamoto hereinafter referred to as "GMO-PG") Visa) has built "Visa Business Pay" that will be available from today, Monday, April 14, 2014.
"Visa Business Pay" is a dedicated Credit card payment system for business-to-business transactions (BtoB) provided by Visa, which enables Credit card payment in BtoB businesses, which has been difficult to introduce in the past.
In addition to the construction of Visa Business Pay, GMO-PG will also operate, maintain, and operate a call center.
[Background of "Visa Business Pay" and GMO-PG adoption]
Currently, the Japan business-to-business (BtoB) market is worth about 940 trillion yen (*1) per year, and most of the payment methods are through Bank transfer and cash collection. After receiving the order, the supplier (seller) issues a paper invoice, and the buyer (buyer) makes a payment by making a transfer based on the invoice. However, this method of payment requires complicated tasks such as "issuing invoice" and "payment confirmation" on the supplier side, and the buyer cannot payment with a credit card with only the paper invoice sent, so it takes time and effort to payment.
Due to the complexity of payment in BtoB, there is a strong need for a system that can complete all billing and payment operations on the Web, and in response to this, Visa has started offering a dedicated BtoB payment system "Visa Business Pay". GMO-PG was adopted by a company that builds, operates, maintains, and operates a call center for Visa Business Pay.
GMO-PG is the only TSE partially listed payment specialist in Japan with more than 18 years of service Actual in the BtoC EC (consumer e-commerce) market. We provide comprehensive payment processing services services such as credit cards to more than 46,000 e-commerce businesses, and are also responsible for utility charge and public fund payment systems for NHK, the Tokyo Metropolitan Government, and other organizations. The annual Transaction value exceeds 1 trillion yen, and the ability to operate a system that can stably process such a large amount of payment has been highly evaluated by many customers. We believe that these Actual have been comprehensively evaluated.
*1 Corporate Consumption Expenditure: Visa Global Commercial Consumption Expenditure 2011, Visa Inc. November 2012
About Visa Business Pay
Visa Business Pay provided by Visa is a BtoB-only payment system that can handle a series of payment operations from invoice issuance to payment on the web. Suppliers of all industries and companies that generate invoice in BtoB can use this system as Visa merchants (*2), and buyers can payment any Visa card.
Suppliers issue invoice on the web, and buyers payment on the web, allowing credit card payment. As a result, suppliers no longer need to issue invoice and confirm payment, which has been a burden in the past, and buyers can pay anytime, anywhere by using Credit card payment, 24 hours a day, 365 days a year.
In addition, since "Visa Business Pay" is a system that uses a web browser, both suppliers and buyers do not need to purchase a dedicated device as long as they have an Internet-connected terminal (PC, smartphone, etc.), and there is no registration fee or system usage fee, so it can be easily introduced.
(*2) There is a merchant screening card provided by a credit card company.
<Image of Visa Businesses Pay>
【GMO Payment Gateway】
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.
Related URL
- 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 Division Investor Relations & Public Relations Group
- TEL
-
+81-3-3464-0182
- FAX
-
03-3464-2387
- ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations, Investor Relations Department Hosoda, Ishii
- TEL
-
+81-3-5456-2695
- FAX
-
03-3780-2611
- pr@gmo.jp
Inquiries about our services
GMO Payment Gateway, Inc. Innovation Partners Division
- TEL
-
+81-3-3464-2323
- FAX
-
03-3464-2477
- info@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 Humax Shibuya Building |
| Representative | President & Chief Executive Officer Issei Ainoura |
| Business Description | ■ payment processing services such as credit cards and all services incidental |
【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 |