• GMO PAYMENT GATEWAY

Enhanced Payment Services for Electricity, Gas, Hydro, Telecommunications and other Regular PaymentsStrengthen payment services for regular toll collection, such as electricity, gas, water, and telecommunications.
~Providing payment method of "Card payment", "Account transfer", and "Payment slip payment" that are ideal for monthly payment ~

October 27, 2015

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, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as GMO-PG) is suitable for businesses that collect monthly charges on a regular basis such as electricity, gas, water, and telecommunications. payment Service (hereinafter referred to as " This service will be available from January 2016.
By using this service, each business operator can provide consumers with the three payment method of "Credit card payment", "Account transfer", and "payment slip payment", and can customize the billing date and payment cycle to consumers according to the needs of the business, thereby further improving the efficiency of operations.
In addition, prior to the launch of the service, general pre-registration will be accepted from today, October 27, 2015 (Tuesday). In addition, it has already been decided to introduce existing electric power companies and new electric power companies that will participate in the liberalization of electricity retailing.

【Background and Summary】

In today's non-Card Present Transactions market, credit card payments are being made not only for online shopping and payment services, but also for water, electricity, gas, telecommunications, and monthly living expenses such as rent, monthly fees, and insurance. On the other hand, there are still many consumers who choose the traditional payment method of tariffs, such as "Account transfer" or "payment slip payment" paid at convenience stores, banks, post offices, etc., and related businesses need to respond to various payment method according to consumer requirements.
Furthermore, with the liberalization of electricity and gas retail on April 1, 2016 and April 2017, consumers will be able to freely choose where to procure electricity and gas, so it will be important for each business operator to ensure a stable supply of electricity and gas, as well as to enhance payment method as an added value chosen by consumers.
However, in order for a business operator to provide multiple payment method, it is necessary to contract with each payment company that provides each payment method, such as a credit card company or bank, and connect to the system, so it is not easy to introduce it. In addition, even after the introduction, there are issues such as difficulty in cash flow due to the different payment cycles of each payment company, which is also a barrier to introduction.
Therefore, from January 2016, GMO-PG has decided to provide payment services suitable for businesses that collect monthly fees on a regular basis, such as existing electric power companies, gas companies, water supply bureaus, MVNOs, providers, and other telecommunications carriers, in addition to businesses participating in the liberalization of electricity and gas retailing. GMO-PG has been providing Credit card payment services to a number of local municipalities, including the Japan Pension Service, Tokyo and Osaka Prefectures Actual, since the public fund credit card payment became possible following the revision of the Local Autonomy Act in 2006.

<Image of providing payment services specializing in the payment of electricity, gas, and water>

[Features of this service]

1) "Credit card payment", "Account transfer", "Payment slip payment" Bulk provision of payment methods

"Credit card payment" is indispensable for payment of electricity, gas, water, communications, etc. Since the three payment methods of "Account transfer" and "payment slip payment" are provided at once, businesses can use GMO-PG andYou can use these payment methods just by signing a contract.
In addition, complicated tasks that occur for each payment method, such as billing processing and management, and unification of billing formats, can be performed on a single management screen, reducing the workload of employees.

2) Payment can be made without touching card information / account information

"Credit card payment" and "Account transfer" require consumers to enter their credit card information and account information. Since GMO-PG replaces the consumer's credit card information and account information with tokens (random alphanumeric character strings) and performs payment processing, the business operator does not touch the credit card information / account information (= "processing", "transmission", "retention") paymentIt will be possible.

3) Consumer applications are compatible with both the Web and paper

Consumer payment methods are compatible with both online and paper applications. In some cases, non-face-to-face payment services are only compatible with the Web, but by using this service, it is possible to reach consumers who do not use the Internet.

4) Billing date can be set according to your needs

"Credit card payment" "Account transferBusinesses are required to bill consumers who continue to pay on a case-by-case basis. This service allows you to flexibly set the billing date for consumers, so you can build a business flow that meets the needs of the business operator.

5) Customizable deposit cycle

Since GMO-PG unifies the payment of fees collected from consumers by each payment method, businesses can use "Credit card payment" and "Account transferThis allows you to set the deposit cycle that best suits your company's cash flow needs, and it is possible to significantly shorten the deposit date, such as "daily closing" and "payment after 2 business days".

About GMO Payment Gateway, Inc.

GMO Payment Gateway is available to more than 57,000 merchants (as of June 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.

Related URL
GMO-PG (Company Profile)
URL :https://corp.gmo-pg.com/en/
GMO-PG (Service)
URL :https://www.gmo-pg.com/en/
Media Inquiries
GMO Payment Gateway, Inc. Corporate Value Creation Strategy Division
TEL
+81-3-3464-0182
FAX
03-3464-2387
E-mail
ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations Investor Relations Department Ishii & Shimada
TEL
+81-3-5456-2695
FAX
03-3780-2611
Inquiries about our services
GMO Payment Gateway, Inc.
Innovation Partners Division
TEL
+81-3-3464-2323
FAX
03-3464-2477
E-mail
info@gmo-pg.com

[GMO Payment Gateway, Inc.] (URL: https://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
Capital 4.71 billion yen

【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 Ticket Business
Capital ¥5.0 billion