Providing Yonago Shinkin Bank's business partners with the "Electronic Invoice Early Payment" developed by Infomart and GMO-PG
~Joint with Shinkin Unions to Support Solving Problems for Local Companies~

GMO Payment Gateway, Inc. (TSE part: 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, will provide "Electronic Invoice Early Payment" developed with Infomart Co., Ltd. (President & Chief Executive Officer: Akira Nagao, hereinafter referred to as "Infomart") to business partners of Yonago Shinkin Bank (Chairman: Takashi Aoto) from today, May 26, 2021 (Wednesday).
" Electronic Invoice Early Payment" is a service that provides Infomart's "BtoB platform" to businesses that use invoice (accounts receivable) speedily. BtoB businesses that do business with Yonago Shinkin Bank can use "Electronic Invoice Early Payment" ^(*1) to accounts receivable It will be possible to fund earlier than the deposit due date.
GMO-PG will continue to work on financial institution collaboration in the field of BtoB finance and support client companies that adapt to changes in the business environment together with financial institution.

• In order to use the service, it is necessary to obtain an ID for the "BtoB platform" and submit the designated documents to GMO-PG as an application for use of the "Electronic Invoice Early Payment" after the start of using the service. After that, you can request a purchase when necessary. In addition, applications for use and purchase requests are subject to GMO-PG review.

the invoice system will be introduced in 2023 ^(*2), and promissory notes will be abolished by 2026 ^(*3) The business environment surrounding financial institution 's business partners will change significantly in the future. As a result, an increasing number of financial institution are considering providing DX support services and financing services to support the business of business partners, such as electronic invoice systems and new financing methods.
On the other hand, GMO-PG provides financial finance support for business-to-business transactions such as "GMO B2B Early Payment," "GMO B2B AR Guarantee," and "GMO BtoB Payment Guarantee" with the aim of providing multifaceted support for BtoB business operators' operational efficiency and growth measures. Furthermore, in order to support more BtoB businesses, we are actively supporting the expansion of the financing services that financial institution develops for business partners in cooperation with financial institution. In addition, since January 2020, together with Infomart, we have been providing "Electronic Invoice Early Payment" that allows you to quickly monetize invoice issued by BtoB businesses.
GMO-PG has decided to provide "Electronic Invoice Early Payment" to Yonago Shinkin Bank's business partners in order to expand the DX support services and financing services that Yonago Shinkin Bank provides to existing and new business partners. As a result, BtoB businesses that do business with Yonago Shinkin Bank will be able to capitalize their accounts receivable earlier than the deposit due date, and will be able to raise funds by new means.
Since "Electronic Invoice Early Payment" can be used through the "BtoB platform" provided by Infomart, various products of the "BtoB platform" that realize the digitization of invoice and the efficiency of ordering operations can also be used ^(*4).​

• (*2) National Tax Agency "Special Feature the invoice system" URL: https://www.nta.go.jp/taxes/shiraberu/zeimokubetsu/shohi/keigenzeiritsu/invoice.htm
• (*3) Ministry of Economy, Trade and Industry SME Agency's Study Group on Improvement of Promissory Notes and Other Payment Terms, "Report of the Study Group on Improvement of Promissory Notes and Other Payment Terms" (released in March 2021)
  URL：https://www.chusho.meti.go.jp/koukai/kenkyukai/shiharaikaizen/2021/210315shiharaikaizen_report.pdf
• *4 In order to use the various products of the BtoB Platform, it is necessary to contract with Infomart.

"Electronic Invoice Early Payment" is a service provided by Infomart and GMO-PG, both listed companies, for businesses using the "BtoB platform" provided by Infomart. By using this service, you can monetize the issued invoice (accounts receivable) in as little as two business days. By making a purchase request on the "Electronic Invoice Early Payment" screen, BtoB businesses can capitalize invoice (accounts receivable) earlier than the payment due date, enabling speedy financing for business operations.
" Electronic Invoice Early Payment" is based on the service "GMO B2B Early Payment" that allows GMO-PG to convert accounts receivable held by BtoB businesses into early cash by purchasing them, and GMO-PG will collect payments, reducing the risk of non-collection.