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4 Sep 2018
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, has responded to "LINE Pay invoice payment" provided by LINE Pay Co., Ltd. (Representative Director and CEO: Yongji Taka, hereinafter referred to as "LINE Pay") in Payment After Delivery service "GMO Payment After Delivery" (*1).
This is the first "LINE Pay invoice payment" support for buy now pay later payment processing business parties.
【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 for the product at convenience stores, banks, post offices, etc. using invoice (transfer form) after receiving the product.
buy now pay later payment is being used against the backdrop of advantages such as "it can be used by customers who do not have a credit card", "payment can be made after checking the product", and "unlike cash on delivery payment, there is no need to be at home when receiving the product", and the domestic buy now pay later payment market averaged about 44% per year in 2013~2016 It is expected to grow to more than 1.3 trillion yen in 2022 (*2).
GMO-PS has added support to LINE Pay LINE Pay invoice payment as a payment method of GMO Payment After Delivery in order to improve convenience for purchasers by expanding the payment means of GMO Payment After Delivery buy now pay later payment. If you have purchased a product on an e-commerce site where the introduction of the system has been introduced, you can not only use the invoice (transfer form) as before and pay at a convenience store, bank or post office by selecting "GMO Payment After Delivery" as the payment method, but also by reading the barcode on the invoice with your smartphone, you can use the LINE Pay without being restricted by location or time. It is possible to payment the purchase price by
In addition, "LINE Pay invoice payment" can also be used in "Tsukebarai" of the fashion mail order site "ZOZOTOWN", which has introduced "GMO Payment After Delivery".
GMO-PS will continue to provide a more flexible and convenient payment environment for buy now pay later payment users.
*2 Calculated by GMO-PS based on Yano Research Institute, Inc.'s "Online payment Service Provider Status and Future Forecast 2018 Edition"
About "LINE Pay invoice payment"】
"LINE Pay invoice payment" is a "smartphone wallet service" developed on the communication app "LINE" "LINE Pay" (URL: https://line.me/ja/pay This is a service that allows you to payment by simply reading the barcode printed on the invoice such as utility charge and mail order with your smartphone.
To use LINE Pay invoice payment, you can payment by agreeing to the terms of use of the LINE Pay from within the LINE app, opening an account, topping up the balance in advance at a bank account or convenience store, and then reading the barcode on your invoice with the invoice payment code reader in your LINE wallet.
【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. |
|---|---|
| 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: Accepts payment at convenience stores, banks, post offices, and via LINE Pay. Pressed postcard type: Accepts payment at convenience stores, banks, and via LINE Pay. Ideal for those who want to reduce costs. |
| 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. https://www.gmo-ps.com/service/price/ |
【GMO Payment Service, Inc.】
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 Links】
- LINE Pay Corporate Site
- URL : https://linepaycorp.com/ja/
- GMO-PS Corporate Site
- URL : https://www.gmo-ps.com/
[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 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
- 050-3737-5179
- g-marketing@gmo-ps.com
[GMO Payment Service, Inc.] (URL: https://www.gmo-ps.com/)
| Corporate Name | GMO Payment Service, Inc. |
|---|---|
| Location | 2-12-19 Shibuya, Shibuya-ku, Tokyo Token International Building Main Building 7th Floor |
| 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) |
|---|---|
| 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) |
|---|---|
| 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 |
* "ZOZOTOWN" and "Tsukebarai" are registered trademarks of Start Today Co., Ltd.
* Other company names and product names are trademarks or registered trademarks of their respective companies.