30 Aug 2016
GMO Payment Gateway, Inc.
GMO Internet Group's comprehensive payment-related services and finance-related services, GMO Payment Gateway, Inc. (TSE part: Securities Code: 3769, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG"), announced on Tuesday, August 30, 2016 that it will launch a mobile payment in Malaysia. ・We have agreed to acquire shares of MACRO KIOSK Berhad (Goh Chee Ken, CEO, hereinafter referred to as "MacroKiosk"), which provides certification and notification (*1) in a single package, and have decided to group together.
MacroKiosk is one of the world's largest providers (*2) of the world's largest providers of connectivity to multiple mobile carriers, as well as 24-hour payment, authentication, and notifications to major banks, airlines, and content companies. of companies. In the future, GMO-PG will leverage synergies with MacroKiosk to expand its business in Southeast Asia, from overseas expansion support for Japan e-commerce businesses to the provision of payment services to local banks and major companies in Southeast Asia.
*1 Notification: Refers to a service that notifies the user's mobile device when an action occurs, such as contacting deposits and withdrawals in online banking or using an e-commerce site.
(*2) According to our research
【Background and Summary】
As of 2015, Malaysia has a population of over 30 million, a real GDP of about growth rate %, and a GDP per capita (in US dollars) of over $9,766, ranking third among ASEAN countries after Singapore and Brunei Darussalam (*3).
In addition, Malaysia's online banking penetration rate has grown from about 10% (2005) to more than 60% (2015) in the past 10 years, and in recent years, the spread of mobile banking has progressed rapidly, and the penetration rate has grown from about 5% in 2011 to more than 20% in 2015, making it one of the most advanced countries in Southeast Asia(*4)。 Under these circumstances, one of the most important issues for banks in Malaysia is to operate their online banking and mobile banking services safely and efficiently 24 hours a day.
MacroKiosk provides non-stop operation of connectivity with multiple mobile carriers, 24-hour authentication, and notifications through a subscription model (recurring payment), which are essential for solving these issues. In addition, we provide the same mobile carrier payment, certification, and notification to major airlines and content providers in one place, making us one of the largest companies in the world.
GMO-PG, on the other hand, has established local subsidiaries in Singapore, Hong Kong, Taiwan, Malaysia, and Thailand, and is developing a overseas payment service "Z.com Payment" for Japan e-commerce businesses expanding into the region or surrounding areas, as well as a payment-specialized fund "GMO Global Payment" targeting promising local payment-related businesses Through the two pillars of investment activities through the "Fund", we are promoting business expansion in the Asian region while demonstrating synergies.
GMO-PG has decided to acquire shares of MacroKiosk and group it into a group in order to expand its business domain not only to overseas expansion support Japan e-commerce operators but also to provide payment services to local banks and major companies in Southeast Asia.
▼Net Banking/Mobile Banking penetration rate (Malaysia) (*4)
Future Developments
In the future, we will aim to develop a variety of payment services throughout Southeast Asia through the synergistic effects of MacroKiosk's strong presence, customer base, service, and human resources base throughout Asia, as well as the Actual, knowledge, and financial strength that GMO-PG has cultivated in its Japan payment business for more than 20 years.
First of all, although the bank account ownership ratio ratio is low at 50% or less (*3), we will expand MacroKiosk's services for banks in anticipation of a rapid increase in the use of mobile banking in Southeast Asian regions such as Indonesia, Vietnam, and the Philippines, where mobile devices are becoming more widespread. In this way, we will contribute to the spread of mobile banking in Southeast Asian countries and the sound development of the online payment environment.
*3 Source: THE WORLD BANK, "World Development Indicators"
"Population, total/GDP growth (annual %)/GDP per capita (current US$)/Account at a financial institution (% age 15+) [ts]" Last updated: August 10, 2016
*4 SOURCE: FINANCIAL STABILITY AND PAYMENT SYSTEMS REPORT 2009, 2014, 2015
About MACRO KIOSK Berhad
Established in 2000, MacroKiosk is one of Asia's largest companies with businesses centered on SMS mobile solutions for banks and corporations, as well as carrier billing services. With offices in 12 countries and regions across Asia and the Middle East, we provide mobile payment, authentication, and notification services to more than 2,000 clients in 37 countries and 18 industries.
We have also received recognition and certifications from internationally recognized organizations and organizations, such as receiving the Red Herring Top 100 Global, an award that selects the 100 most innovative technology ventures in the world, and obtaining ISO27001 ISMS certification.
Client Industry:
We serve a wide range of clients, including major banks, financial institution, airlines, low-cost airlines, content providers, hotel and resort complexes, satellite communications and broadcasters, and similar multinational corporations in Asia.
Business Locations:
Australia | China | Hong Kong | Indonesia | Macau | Malaysia | Philippines | SINGAPORE | Taiwan | Thailand | United Arab Emirates | Viet Nam
MacroKiosk Site URL:
www.macrokiosk.com/Title | MACRO KIOSK Berhad |
---|---|
Location | The Troika, Tower B, Level 3 19, Persiaran KLCC 50450 Kuala Lumpur, Malaysia |
Representative | Chief Executive Officer・Goh Chee Ken |
Business Description | SMS Mobile Solution Business Carrier Billing Business |
Capital | 5 million Malaysian ringgit (approx. 125 million yen) (Converted at 1 Malaysian ringgit = 25 yen) |
Established | July 1, 2000 |
【GMO Payment Gateway】
GMO-PG provides comprehensive payment-related services to 72,569 merchants (as of June 2016 of the GMO-PG Group), including online businesses such as online shops and digital content, businesses that charge monthly fees such as NHK and subscription, and public entity stores such as the Japan Pension Service and the Tokyo Metropolitan Government.
With a focus on payment services, we provide value-added services such as web advertising services that contribute to improving sales of merchants, finance-related services such as loans to financially support the growth of merchants, and overseas businesses such as the provision of overseas payment services, resulting in an annual Transaction value of more than 1.8 trillion yen.
GMO-PG aims to provide a safe and convenient payment for consumers and businesses, and to become the infrastructure for the payment process. As a leading company in the payment industry, we will continue to lead new innovations such as FinTech 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
- TEL
- +81-3-3464-0182
- FAX
- 03-3464-2387
- ir@gmo-pg.com
GMO Internet Group Group Public / Investor Relations
- TEL
- +81-3-5456-2695
- pr@gmo.jp
[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 | ■ Comprehensive payment related services and finance related services |
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 | President and Group Representative Chairman & Chief Executive Officer Masatoshi Kumagai |
Business Description | ■Internet infrastructure business ■Internet Advertising & Media Business ■Internet Securities Business ■Mobile Entertainment Business |
Capital | ¥5.0 billion |