11 Nov 2019
GMO Payment Gateway, Inc.
GMO Payment Gateway, Inc. (TSE partial: Securities Code: 3769, President & Chief Executive Officer: Issei Ainoura hereinafter referred to as "GMO-PG"), which develops comprehensive payment-related services and finance-related services in the GMO Internet Group), has announced the launch of "GMO Cashless," which provides cashless solutions for physical stores in one place. Platform" is available today, Monday, November 11, 2019.
By introducing this service, brick-and-mortar store operators can introduce multiple QR/barcode payment services at once, without the need for usage contract for each QR/barcode payment service or system connection at the time of introduction. In addition, any QR/barcode payment service can be operated with a single button at the time of payment, so there is no need to switch the code payment service for each customer (consumer).
The GMO Cashless Platform will begin with the provision of various QR and barcode payment services at once, and plans to expand the number of cashless methods supported in the future.
【Background and Summary】
The Japan government aims to raise the cashless ratio in Japan country, which currently stands at about 20%, to about 40% by 2025 (*1)。 In addition to using credit cards and QR code payment instead of cash payments, there are a wide range of initiatives to go cashless in each industry, such as pre-payment online and receiving products at physical stores (offline). Against this backdrop, GMO-PG, which provides comprehensive payment services for online businesses, has received many inquiries from online businesses about expanding into physical (offline) stores, cashless payments from offline businesses, and consultations on businesses that integrate online and offline.
Therefore, GMO-PG has developed the GMO Cashless Platform, which provides cashless solutions at physical stores by utilizing the knowledge of "PG Multi-Payment Service", which unifies the contract, introduction, and payment of various online payment method in order to support a wide range of businesses to go cashless without barriers between online and offline domains. We have started to provide the following services.
Starting today, Monday, November 11, 2019, we plan to gradually expand the number of cashless methods we handle, starting with the provision of services that can introduce and operate various QR and barcode payment services at once.
(*1) Ministry of Economy, Trade and Industry From "Cashless Vision" The definition and ratio of cashless payment are based on the announcement.
About the GMO Cashless Platform
The GMO Cashless Platform is a platform that provides cashless solutions for physical stores in one place.
With this service, brick-and-mortar store operators do not need to contract or connect to the system for each person payment processing business various QR and barcode services, and it is also possible to operate on a single management screen and unify the closing date and payment date, thereby reducing the complexity of handling multiple QR and barcode payment services.
payment When using the service, "connect directly to the POS terminal of the business operator (API connection)", "use a multi-payment terminal/QR code/barcode dedicated payment terminal (*2)", and "payment app (*3) Use a tablet etc. with the installation of "" is compatible with three types. In either case, various QR/barcode payment services are automatically identified, making it possible to unify the operation of POS, terminals, and tablets into a single button.
< payment method on the "GMO Cashless Platform"> (as of November 11, 2019)
Alipay,WeChat Pay,Yucho Pay,PayPay,LINE Pay,Merpay,d Payment,Rakuten Pay (physical store payment),au PAY
- (*2) Terminals will be provided by either GMO Financial Gate, Inc., Lakara Japan Co., Ltd., or Royal Gate Co., Ltd. In addition, the terminals of Lakara Japan Co., Ltd. will be available from November 11, 2019, the terminals of GMO Financial Gate, Inc. will be commercially available from January 2020 onwards, and the terminals of Royal Gate Co., Ltd. will be commercially available in April 2020. (As of November 11, 2019)
- GMO-PG is planning to launch the payment app of the same name "GMO Cashless Platform" in the near future. In addition, tablets and other items will be prepared by the operator.
【GMO Payment Gateway】
GMO-PG is Japan's leading provider of comprehensive payment-related services and financial services to more than 100,000 merchants consisting of EC operators as well as non-EC operators such as NHK and public institutions such as National Tax Agency and Tokyo Metropolitan Government. Total transaction value exceeds ¥4 trillion, mainly from the core payment processing service as well as value-added services that contribute to the merchant's growth. (GMO-PG consolidated companies total, as of end-June, 2019)
GMO-PG is expanding businesses to include offline payment processing that would encompass IoT, and Fintech services such as lending, Payment after Delivery and solutions to financial institutions; all of which are expected to contribute to drive Japan's cashless. We are also pursuing global expansion through capital alliances with overseas firms and through rolling out our PSP and financial services in overseas markets.
GMO-PG aims to be the highly-secure, comprehensive and convenient payment processing infrastructure in Japan by continuing to lead the innovations.
【Related Links】
- GMO-PG (Company Profile)
- URL :https://corp.gmo-pg.com/en/
- GMO-PG (Service)
- URL :https://www.gmo-pg.com/en/
[Press Inquiries]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division
- TEL
- +81-3-3464-0182
- FAX
- 03-3464-2387
- pr@gmo-pg.com
GMO Internet, Inc.
Group Communication Department
Public Relations Officer Ishii Nagai
- TEL
- +81-3-5456-2695
- pr@gmo.jp
[Contact for inquiries regarding services]
GMO Payment Gateway, Inc.
Innovation Partners Division
payment Product Planning Office
- 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) |
---|---|
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 | 4,712 million yen |
[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 finance business ■ Cryptocurrency business |
Capital | 5 billion yen |
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