11 May 2016
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, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG") announced on May 26, 2016 (Thursday) and June 15, 2016 (Wednesday) that "non-retention of card information (*1) or PCI DSSWe will hold a special response seminar for corporate EC businesses on "(*2) compliance" measures free of charge.
This seminar is held in response to the "Action Plan for Strengthening Security Measures in Credit Card Transactions (hereinafter referred to as the "Action Plan") announced in February 2016 by Credit Transaction Security Council (Secretariat: Japan Credit Association) led by Ministry of Economy, Trade and Industry. The announcement summarizes specific goals and the roles of each entity in order to improve the security environment for credit card transactions to international standards by 2020, and e-commerce businesses are required to "non-retention of card information" or "PCI DSS compliant" as a countermeasure against card information leakage by March 2018.
At the seminar held by GMO-PG, we will explain the explanation and countermeasures for EC businesses.
■ Application and detailed information URL: https://www.gmo-pg.com/seminar/160525/
【Background and Summary】
In preparation for the 2020 Olympic and Paralympic Games in Tokyo, Japan is required to improve the security environment for credit card transactions to an international level in order to improve the convenience and efficiency of payment through the spread of cashless payment. In response to this, in March 2015, the Credit Transaction Security Council was launched with the participation of a wide range of businesses and stakeholders involved in credit card transactions, including Ministry of Economy, Trade and Industry and credit card companies, and in February 2016, the organization formulated an "Action Plan" that summarizes the specific goals and matters to be addressed by each entity involved in credit card transactions.
This "action plan" consists of "1. Measures against leakage of card information," "2. Measures against fraudulent use by counterfeit cards," and "3. It consists of three items, "Measures against fraudulent use in e-commerce", and each item sets the goals of card merchants. In "1. Measures against Leakage of Card Information," e-commerce merchants who are card merchants are required to comply with the non-retention of card information by March 2018 by using "non-passing-over settlement" in which card information does not pass through the merchant's server, or the credit card industry security standard "PCI DSS" by five international card brands.
However, it is difficult for e-commerce businesses themselves to comply with non-retention of card information and PCI DSS compliance due to the cost and time incurred for system development and operation, internal maintenance, and audit response, and GMO-PG also received many inquiries about what specific measures should be taken by March 2018.
GMO-PG has been proposing security measures at all stages of the payment from pre to payment non-passing-over settlement according to the type of business type and size of the e-commerce business, including the provision of Tokenization (*3) services. Therefore, we have decided to hold a special response seminar to explain the "action plan" and "non-retention of card information or PCI DSS compliance" measures by utilizing this know-how.
【Seminar Summary】
Date and Time | ・Thursday, May 26, 2016 13:30~ ・Wednesday, June 15, 2016 13:30~ |
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Place | 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Humax Shibuya Building 7F |
Fee | FREE |
Seats Available | 20 people each * Please note that if there are many applications, a lottery will be held. |
Application | Please apply using the form at the URL below. URL:https://www.gmo-pg.com/seminar/160525/ |
Seminar content | ・ What should be done in preparation for the "Action Plan" published by Ministry of Economy, Trade and Industry? - What is the required non-passing-over settlement service? ・PCI DSS compliance points * The content will be the same every day. |
Inquiries | GMOペイメントゲートウェイ イノベーション・パートナーズ本部 TEL:03-3464-2323 URL:https://www.gmo-pg.com/seminar/160525/ |
[GMO-PG Security Measures] (URL:https://www.gmo-pg.com/service/function/)
GMO-PG provides security measures and compensation services to ensure that EC businesses can use safe and secure payment services not only at the time of payment, but also at each stage from pre-payment to payment post-, and each service also supports an "action plan". "1. Provision of "Tokenization Services" as a countermeasure against the leakage of credit card information, and "3. We also provide "3D Secure (*4)" and "Security Code (*5)" as "measures against unauthorized use in EC".
■ payment Previous... | "Fraud Prevention Service (ReD)" to detect third-party credit card fraud in advance |
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■ payment o'clock... | "3D Secure support" and "Security Code support" to protect consumers from credit card fraud " Tokenization Service" to prevent information leakage on the EC site side |
■ payment After... | chargeback "chargeback Compensation Group Insurance" that compensates for damages to merchants due to (*6) "Information Leak Protector" that payment insurance against leakage of personal information from EC businesses |
【GMO Payment Gateway】
GMO Payment Gateway is available to online businesses such as online shops and digital content, businesses that charge monthly fees such as NHK and subscription, and 67,921 merchants (as of March 2016 of the GMO Payment Gateway Group), including the Japan Pension Service and public entity such as the Tokyo Metropolitan Government, and payment processing services credit cards. We provide. 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 lead new innovations such as FinTech and contribute to improving the EC ratio of Japan.
[Glossary]
(*1) non-retention of card information | Do not "store", "process", or "pass" the purchaser's credit card information (cardholder name, card number, expiration date, etc.) on the server of the EC site. |
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(*2) PCI DSS | PCI DSS (Payment Card Industry Data Security Standard) is a global security standard in the credit card industry jointly formulated by five international credit card brands: JCB, American Express, Discover, MasterCard, and VISA |
(*3) Tokenization | Replace the credit card number with a token (random alphanumeric string) and perform payment processing so that the e-commerce business can payment without touching the buyer's credit card number. |
(*4) 3D Secure | A function that authenticates the identity of cardholders at payment times recommended by VISA, MasterCard, and JCB for the purpose of preventing third-party fraud in Internet transactions, such as "identity theft fraud" |
(*5) Security Code | It refers to the last 3 or 4 digits printed on the back of the credit card, and is information that only the cardholder can understand, which is not included in the magnetic information of the card, so it is a method of identity authentication that can prevent third party misuse by counterfeit cards, etc. |
(*6) chargeback | If the credit card member does not agree to the payment of the usage fee due to fraud by a third party or other reasons, the credit card company will refuse the payment to the member store. |
Related URL
- GMO-PG Corporate Site URL
- URL : http://corp.gmo-pg.com/
- GMO-PG Service Site URL
- URL : http://www.gmo-pg.com/
Media Inquiries
GMO Payment Gateway, Inc. Corporate Value Creation Strategy Division
- TEL
- +81-3-3464-0182
- FAX
- 03-3464-2387
- ir@gmo-pg.com
GMO Internet, Inc. Group Public Relations Investor Relations Department Ishii & Shimada
- 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: https://corp.gmo-pg.com/)
Corporate Name |
GMO Payment Gateway, Inc. (TSE First Section Securities Code: 3769) |
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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 | 47億1,200万円 |
[GMO Internet, Inc.] (URL: https://www.gmo.jp/)
Corporate Name | GMO Internet, Inc. (TSE First Section Securities Code: 9449) |
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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 ■Internet Securities Business ■Mobile Entertainment Business |
Capital | ¥5.0 billion |