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GMO-PG's service will be adopted for credit card payment of the special contract fee for housing loan "Flat 35"
~It is now possible to pay the card of the special contract fee for the group credit to pay off the loan in the event of death during the repayment of the mortgage~

10 Jul 2014

GMO Payment Gateway, Inc.

GMO Internet Group Develops payment processing business for Non-Face-to-Face Credit Cards 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) is a residential facility that provides "Flat 35" (*1) finance Support Organization: In the case of credit card payments for the Organization Group Credit Life Insurance Special Contract Fee (*2), which will begin accepting applications in earnest from August 2014, we will perform data processing, construction of a web application reception system, and management work such as responding to inquiries.

Background and Overview

Today's non-face-to-face Credit card payment market is expanding not only in the field of product sales, but also in the infrastructure field such as NHK broadcast reception fees and electricity and gas charges. In terms of insurance premiums, credit card payments are being made regardless of whether it is public insurance or private insurance, from the National Pension Insurance of the Japan Pension Service to individual insurance such as life insurance and medical insurance.

On the other hand, in the case of group credit life insurance (hereinafter referred to as "Danshin"), which is commonly purchased when using a housing loan for the purchase or renovation of a home, in the case of "Flat 35" (*3) of the housing finance Support Organization, which accounts for about 10% of new housing loan loans, payment of the special contract fee for the housing loan was paid once a year by Account transfer.

Therefore, in order to improve the convenience of users, the Housing finance Support Organization has decided to introduce credit card payment for the special contract fee for Danshin when using "Flat 35" and other services. From August 2014, we will start accepting applications on paper and the web for those who have joined Danshin using "Flat 35" and other services, and it will be possible to pay by credit card from the Danshin special contract fee from January 2015 onwards (*4). GMO-PG will perform data processing, construction of a web application reception system, and management work such as responding to inquiries for the payment of the special contract fee by credit card.

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 including credit cards to more than 47,000 stores (as of March 2014 of the GMO Payment Gateway Group), as well as utility charge and public fund payment systems for NHK, the Tokyo Metropolitan Government, and others. In addition, the annual Transaction value exceeds 1 trillion yen, and the operational capabilities of the system that can stably perform large-scale payment processing have been highly evaluated by many customers. We believe that these Actual have been comprehensively evaluated.

*1 Fixed-rate housing loans provided by the Housing finance Support Organization in partnership with private financial institution
(*2) In the event that the person contract the loan dies or becomes severely disabled during the repayment of the housing loan, the life insurance company will pay the insurance money equivalent to the balance of the housing loan at that time to the housing finance support organization on behalf of the person payment the loan is paid in full, and the special contract fee is paid by the member of the group credit life insurance to the housing finance support organization.
(*3) New housing loan loans for April 2012 ~ March 2013 from the Housing finance Support Organization website "Trends in New Loans and Outstanding Loans of Housing Loans by Business Type"
(*4) In May 2014, we began accepting applications for credit card payment of the special contract fee for Danshin using a paper application form

About GMO Payment Gateway, Inc.

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
E-mail
ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations, Investor Relations Department Hosoda, Ishii, Shimada
TEL
+81-3-5456-2695
FAX
03-3780-2611
E-mail
pr@gmo.jp

Inquiries about our services

GMO Payment Gateway, Inc. Innovation Partners Division
TEL
+81-3-3464-2323
FAX
03-3464-2477
E-mail
info_go@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 ■Internet infrastructure business
■Internet Advertising & Media Business
■Mobile Entertainment Business
■Internet Securities Business