November 1, 2016
GMO Payment Service, Inc.
GMO Payment Service, Inc. (President & Chief Executive Officer: Katsunari Mukai hereinafter referred to as "GMO-PS"), a consolidated company of GMO Payment Gateway, Inc. (hereinafter referred to as "GMO-PG") in the GMO Internet Group, announced that it will be one of the Japan largest (*1) operated by Start Today Co., Ltd. (Representative Director: Yusaku Maezawa, hereinafter referred to as "Start Today") from today, November 1, 2016 (Tuesday). We will provide Payment After Delivery service "GMO Payment After Delivery" to the fashion shopping site "ZOZOTOWN".
(*1) From Yano Research Institute's "White Paper on the Online Shopping Market 2016" Top Companies in Online Sales Related to Clothing and Clothing Accessories (FY2014)
【Background and Summary】
"GMO Payment After Delivery" provided by GMO-PS is a Payment After Delivery service that allows purchasers using e-commerce sites to pay at convenience stores, banks, and post offices after receiving the product. buy now pay later payment can be used by customers who do not have a credit card, can payment after confirming the product, and cash on delivery payment The domestic buy now pay later payment market recorded an average annual growth rate of 40.4% from 2010~2014 and is expected to reach 550 billion yen in 2020 (*2).
Against this backdrop, Start Today's Japan fashion shopping site, ZOZOTOWN, will also introduce buy now pay later payment to further promote its approach to young people who do not have a credit card.
GMO-PG has provided payment method such as Credit card payment and CVS Payment to "ZOZOTOWN" so far. By providing "GMO Payment After Delivery" of GMO-PS, we will provide a variety of payment method from Credit card payment to buy now pay later payment to "ZOZOTOWN" as a group.
In the future, we will continue to support "ZOZOTOWN" in terms of support systems, mainly payment services.
*2 Calculated by GMO-PS based on Yano Research Institute's "Online payment Service Provider Status and Future Forecast 2016 Edition"
【GMO Payment After Delivery】
"GMO Payment After Delivery" is a Payment After Delivery service provided by GMO-PS for e-commerce businesses that does not have the risk of non-collection. Regardless of the purchaser's payment status, GMO-PS will make advance payments, and GMO-PS will also perform all operations such as credit management, invoice issuance, and payment management. As a result, e-commerce businesses can present convenient buy now pay later payment to buyers without the hassle of complicated work related to payment or worry about uncollected items, and it is expected to capture users who have not made a purchase because they are reluctant to use a credit card or want to purchase after seeing the actual product.
■ Features of "GMO Payment After Delivery"
1. Real-time credit | Since credit confirmation is performed in real time without making the purchaser wait, smooth payment prevents the purchaser from leaving. |
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2. Choose invoice | We offer the following two types of invoice. We also offer an "invoice packaging service" that encloses invoice with products, meeting the various needs of e-commerce businesses. < invoice type> "Envelope type": When payment must be made at a post office in addition to at a convenience store or bank "Press-sealed postcard type" - When cost reduction is important |
3. Industry's lowest rate | payment fees, fixed costs, invoice issuance costs, transfer fees, etc. are all at the lowest level in the industry. For details on fees, please refer to the following URL. http://www.gmo-ps.com/service/price/ |
<" GMO Payment After Delivery" service flow>
[About GMO Payment Service]
GMO-PS was established in 2013 as a buy now pay later payment processing business company for GMO-PG, which provides comprehensive payment-related services and finance-related services. As the only buy now pay later payment provider in the industry that can provide Credit card payment to buy now pay later payment collectively, we provide GMO Payment After Delivery Payment After Delivery service with no risk of non-collection to major e-commerce businesses, including the apparel industry.
In the future, we will strive to develop and provide services that can be used more conveniently by e-commerce businesses and purchasers, aiming to contribute to society and people through Internet and payment services, not just "GMO Payment After Delivery".
Related URL
- 「ZOZOTOWN」
- URL : http://zozo.jp/
- Start Today
- URL : http://www.starttoday.jp/
- GMO-PS
- URL : http://www.gmo-ps.com/
[Press 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
[Contact for inquiries regarding services]
GMO Payment Service, Inc.
- TEL
- 03-3464-2392
- FAX
- 03-3464-2475
- g-marketing@gmo-ps.com
【GMO Payment Service, Inc.】 (URL: http://www.gmo-ps.com/)
Corporate Name |
GMO Payment Service, Inc. |
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Location | 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Humax Shibuya Building |
Representative | President & Chief Executive Officer Katsunari Mukai |
Business Description | ■ Provision of payment processing services and EC-related services |
Capital | 100 million yen |
[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 |