Expanded "Early Payment Services" offered for "PG Multi-Payment Service"Expansion of "Early Payment Service" in "PG Multi-Payment Service "
It is possible to set a deposit cycle that best suits the cash flow needs of EC businesses.
~"Daily closing" and "Payment after 2 business days" are also supported~

GMO Internet Group develops non-face-to-face credit card payment processing business 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 company that provides a variety of payment method services to e-commerce businesses. Optional Services PG Multi-Payment Service Early Payment Service" has undergone a major renewal and will be available from Saturday, August 1, 2015.
As a result, in various payment method such as Credit card payment, CVS Payment, Pay-easy, payment, and E-money payment, you can select the "number of closings, closing dates, and due dates until payment" from a predetermined number of times and days, and you can set the deposit cycle that best suits your company's cash flow needs. In particular, we also support "daily closing," which is the largest number of closures (*1) among payment services for all e-commerce businesses, and "payment after 2 business days," which has the shortest (*1) deadline for payment. (*2)

As of 2014, the size of the e-commerce market in Japan has continued to expand to 12.8 trillion yen (up 14.6% from the previous year) (*3), and the products sold and the price range are diverse. Under these circumstances, cash flow has become one of the important issues for e-commerce businesses, such as having to pay purchase costs before collecting sales proceeds, and preparing funds according to different payment deadlines for multiple suppliers, advertisers, and other business partners.
Since September 2008, GMO-PG has already provided "Early Payment Service" for buy now pay later on the 5th business day of the month following the end of the month in the Credit card payment of "PG Multi-Payment Service" in order to realize the early collection of accounts receivable by EC operator payment s. It has been very well received, especially for EC businesses that have difficulty in financing.

In order to meet the financing needs of more diverse e-commerce businesses, we have significantly renewed "Early Payment Service" so that you can select the "number of closings, closing dates, and due dates until payment" from a predetermined number of times and days, so that you can set the optimal payment cycle for your company, and can also be applied to various payment method other than Credit card payment. As a result, e-commerce businesses can allocate funds to purchase products and advertising expenses at the necessary timing, and can expect business expansion.

GMO-PG will continue to expand its payment services in response to the needs of e-commerce businesses and support the growth of e-commerce businesses by providing "GMO-PG Online Advertising Service" and "Remittance Service" in the event of cancellation or refund.

(*3) Ministry of Economy, Trade and Industry From "26 Market Survey on E-commerce".

<Setting the optimal payment cycle>

"Early Payment Service" is a Optional Services for businesses that use "PG Multi-Payment Service (merchant acquiring service (*4))". Credit card payment of course applies to deposit cycles in various payment method except Account transfer, such as CVS Payment, Payeasy, payment, E-money payment, etc.
With the renewal that will take effect on August 1, 2015, it will be possible to choose from five monthly deadlines, from "once a month" to "daily". In addition, you can choose any day for the closing date of each month according to the number of closings. In addition, you can also choose "2 business days later", which is the shortest deadline in the industry, so it is possible to significantly shorten the deposit date according to your cash flow needs.

(*4) In addition to providing a payment system to merchants and connecting payment data between merchants and each payment processing business, GMO-PG concludes a contract agreement between merchants and payment processing business parties in a lump sum, and the payment of sales proceeds to merchants is also undertaken in a lump sum on behalf of the payment of sales proceeds to the merchants.

<From sales to payment>

GMO Payment Gateway is available to more than 54,000 merchants (as of March 2015 of the GMO Payment Gateway Group), including non-face-to-face sales businesses such as online shops, SNS, and content developed on smartphones, businesses that charge monthly fees such as NHK and subscription, and public entity such as the Japan Pension Service and the Tokyo Metropolitan Government. We accept payment processing services including credit cards. We aim to provide a safe and convenient payment 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 (Company Profile)

URL :https://corp.gmo-pg.com/en/

GMO-PG (Service)

URL :https://www.gmo-pg.com/en/