Launched "GMO BtoB Payment Guarantee" to guarantee purchase payables
~Reducing the burden of transaction deposits and supporting BtoB businesses to secure business funds~

GMO Internet Group's 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), is a trading security ^{deposit (*1).} GMO BtoB Payment Guarantee, a service that eliminates the need for a buyer's (debtor) transaction deposit for BtoB (business-to-business) EC transactions, will be available from today, February 2, 2021 (Tuesday).
In the event of a default, GMO-PG will guarantee the purchase obligation to the seller (creditor) by paying the purchase payable (accounts payable) on behalf of the buyer ^(*2). As a result, sellers do not need to ask for a transaction deposit, and the buyer's business operator, which purchases materials and products necessary for BtoB EC transactions, will have to pay less for the transaction deposit.
GMO-PG will support the growth of BtoB e-commerce businesses from multiple perspectives by providing two types of BtoB transaction guarantee services: "GMO B2B AR Guarantee", a service for sellers who guarantee accounts receivable, and "GMO BtoB Payment Guarantee".

• (*1) At the start of a transaction, contract A deposit deposited by the other party for the purpose of ensuring the safety of the transaction. It is often requested by the seller.
• *2 A fee will be charged for using the GMO BtoB Payment Guarantee. In addition, the guarantee amount will be determined by GMO-PG after a prescribed examination. It may not be available depending on the results of the examination.

In BtoB transactions, there are cases where the buyer who purchases the product must pay a transaction deposit to the seller on the selling side when the transaction amount is high or there is no transaction Actual. As a result, there are many businesses on the buyer side that are facing cash flow problems, such as "I can't raise a transaction deposit" or "I can't allocate enough funds to fund business such as purchasing and advertising."
In recent years, the shift to e-commerce for BtoB transactions using online mechanisms such as online shops and EDI ^(*3) has been progressing, and the market size has expanded to 352.9 trillion yen ^(*4), an increase of 2.5% from the previous year as of 2019. As a result, it is expected that the number of transactions that require a transaction deposit will increase further in the future even in BtoB EC transactions.
Therefore, in order to support the buyer's cash flow, GMO-PG has decided to start offering the "GMO BtoB Payment Guarantee," which eliminates the need for a transaction deposit for the buyer by paying the purchase obligation to the seller on behalf of the buyer in the event of default. GMO-PG will financially support the BtoB EC of both buyers and sellers and contribute to the further activation of the BtoB EC market by providing two types of guarantee services for BtoB transactions: "GMO B2B AR Guarantee" that guarantees accounts receivable to sellers, which it has been providing since May 2018, and "GMO BtoB Payment Guarantee".

• *3 Abbreviation for Electronic Data Interchange. A system that electronically exchanges business documents in BtoB transactions such as purchase orders, delivery notes, and invoice, which were traditionally paper-based, via a network.
• (*4) Ministry of Economy, Trade and Industry "International Economic Research Project on the Construction of an Integrated Economy growth strategy at Home and Abroad in the First Fiscal Year of Reiwa (Market Research on E-Commerce)"
  URL：https://www.meti.go.jp/press/2020/07/20200722003/20200722003-1.pdf

■ "GMO BtoB Payment Guarantee" (URL: https://www.gmo-pg.com/service/shiharaihosho/) NEW!
This is a service for buyers (debtors) in BtoB transactions where payment of the transaction deposit is required from the seller (creditor). In the event of default, GMO-PG will payment the purchase payables (accounts payable) to the seller on behalf of the buyer and guarantee the purchase debt to the seller, eliminating the need for a trade deposit for the buyer.
The buyer does not have to abandon the transaction because he or she cannot afford the transaction deposit, and the funds can be used for business growth such as purchasing products and materials and advertising.
In addition, the consent of the business partner (seller side) is required for use, and the guarantee amount is determined by GMO-PG after a prescribed examination, and a fee will be charged according to the amount.

■「GMO B2B AR Guarantee」（URL：https://www.gmo-pg.com/service/urikake/）
In the event of non-collection of accounts receivable in a service for sellers in business-to-business transactions, GMO-PG will pay on behalf of the buyer to guarantee accounts receivable.
Sellers can reduce the time and effort required for credit management operations such as advance payment negotiations and dunning operations, and can also expand the number of new customers by reducing the risk of non-collection due to business partner bankruptcy or payment delays.
In addition, the consent of the business partner (buyer) is not required for use, but the guarantee amount will be determined after the examination prescribed by GMO-PG, and a fee will be charged according to the amount.