American Express and GMO Payment Gateway Launch invoice Card Payment Service on Wednesday, October 23 for Cashless Business-to-Business payment アメリカン・エキスプレスとGMOペイメントゲートウェイ、企業間決済のキャッシュレス化にむけて請求書カード払いサービスを、10月23日（水）より開始

American Express International, Inc. (Headquarters: Minato-ku, Tokyo, Japan President/President: Sudo Yasuhiro, hereinafter referred to as "American Express") and GMO Payment Gateway, Inc. (Headquarters: Shibuya-ku, Tokyo, President & Chief Executive Officer Issei Ainoura, hereinafter referred to as "GMO-PG") are invoice to support operational efficiency by promoting cashless payment between companies. The credit card payment service started on Wednesday, October 23, 2024.

In the government's target of reducing the cashless payment ratio to about 40% by 2025 ^*1, there is still room for significant expansion of inter-company payment in contrast to individual payment, which have shown steady progress ^*2。 In such a situation, there is a movement to abolish the use of paper promissory notes and checks used by companies for payment to business partners by 2026, and as interest in cashless payment between companies is increasing more than ever, credit card payment and invoice card payment service is one of the effective means. The market size is expected to expand.

The invoice card payment service, which will be launched in collaboration with American Express and GMO-PG, is a development of the "Invoice Card Pay byGMO" provided by GMO-PG for American Express business cardholders, and to further expand the options for cashless payment in business transactions. It is expected to be used for the purpose of improving operational efficiency as one of the measures to address various issues faced by managers, such as labor shortages, successor shortages, and wage increases. In developing this service, American Express will be mainly responsible for marketing activities, including promotion of use for its business card members, while GMO-PG will develop a dedicated website for American Express cards and will be responsible for the operation of this service.

Through the development of services through collaboration between the two companies, we will work to further promote cashless payments in inter-company payment and improve the operational efficiency of business owners who use this service.

• *1 Ministry of Economy, Trade and Industry (March 29, 2024): https://www.meti.go.jp/press/2023/03/20240329006/20240329006.html
• *2 Ministry of Economy, Trade and Industry (March 2023): https://www.meti.go.jp/meti_lib/report/2022FY/000294.pdf

American Express Invoice Card Pay byGMO for Business Cardholders

Start date:

Wednesday, October 23, 2024

invoice What is the card payment service?

This is a service that allows you to pay the invoice you receive with a credit card. invoice of business partners who do not support card payment can also use this service to payment with a card. The money will be transferred to the business partner by the due date in an appropriate transfer name, such as the transfer name specified by the customer, and will be debited together with the usage charges of other cards on the payment day of the card.

American Express Features of "invoice Card Payment by GMO" for Business Cardholders

All you have to do is upload the invoice you received on your PC or smartphone and enter the necessary information to make the transfer on the same day at the earliest.

URL：

https://www.americanexpress.com/ja-jp/services/invoice-pay/

American Express International, Inc. Japan President/President Sudo Yasuhiro Comment

"American Express has been committed to supporting sole proprietors and SME through a variety of services and programs. With the introduction of this new service with GMO Payment Gateway, we hope to provide an environment where business owners can focus more on their core business by increasing the number of options for cashless payment in business transactions, helping them to promote operational efficiency. We will continue to meet the needs of our customers, improve the convenience of American Express business cards, and improve customer satisfaction."

GMO Payment Gateway President & Chief Executive Officer Issei Ainoura Comments

"GMO Payment Gateway provides services based on payment that support online, cashless, DX, etc. We are pleased to announce that American Express highly evaluated the reliability of our "Invoice Card Pay byGMO" system and the development potential of strategic alliances invoice We are very honored to have been selected as a partner for our card payment service. We are confident that this partnership will accelerate cashless and operational efficiency in business-to-business transactions, and will make a significant contribution to the business growth of businesses."

Founded in 1850 in New York, USA, we are a global service company. For individual customers, we provide products and services that support diverse lifestyles, and for corporate customers, we provide expense management and data analysis tools that can improve management efficiency, supporting the growth of a wide range of businesses, from large/ SME to SME to sole proprietorships. In Japan, we started our business with the opening of a branch office in Yokohama in 1917 (Taisho 6), and now we provide the highest quality services through our unique network of merchants and travel service bases in more than 200 countries and regions around the world. In addition, through the partnership with JCB, the American Express card is expanding from utility charge to supermarkets, drugstores, and other stores that can be used in daily life, in addition to traditional hotels, restaurants, and retail stores.