10 Jul 2020
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, will provide Payment After Delivery service to e-commerce businesses In "GMO Payment After Delivery", Logizard Co., Ltd. (President & Chief Executive Officer: Shigenori Kanazawa Hereinafter, Logizard) has started service linkage with the cloud-based inventory management system "Logizard ZERO" from today, July 10, 2020 (Friday).
Through this collaboration, e-commerce businesses using "GMO Payment After Delivery" and "Logizard ZERO" will now be able to issue "invoice" and "Statement of Purchase" directly from "Logizard ZERO" as an integrated form that was previously issued separately from both services (Payment After Delivery service / inventory management system) (*1)。 This saves the time and effort of outputting "invoice" and "Purchase Statement" respectively, and prevents erroneous shipment because only one form is checked against the inspection of the product shipment.
In order to use the integrated form, you need to apply separately for the "GMO Payment After Delivery" bundled service.
【Background and Summary】
In recent years, the domestic buy now pay later payment market has continued to expand steadily, increasing by 30% year-on-year to 572 billion yen in fiscal 2018 and is expected to reach 2 trillion yen in 2023 (*2)。 Behind the market expansion are the advantages of buy now pay later payment for buyers (consumers), such as "customers who do not have a credit card can use it," "payment can be used after checking the product," and "unlike cash on delivery payment, there is no need to be at home when receiving the product."
On the other hand, e-commerce businesses that introduce buy now pay later payment have to print the "statement" of the purchase and the "invoice" of the buy now pay later payment, match the contents, and then compare it with the products to be bundled, which is time-consuming and prone to human error.
Therefore, GMO-PS has linked the service with Logizard's inventory management system "Logizard ZERO" in Payment After Delivery service "GMO Payment After Delivery" so that the "purchase statement" and "invoice" issued by each service can be issued as an integrated form.
For e-commerce businesses and warehouse companies that are entrusted with inventory management and shipping operations, it is possible to reduce the time and effort required to output "purchase statements" and "invoice" separately and compare the amount of each form with the product (ledger). In addition, since it is possible to inspect products with an integrated form, it is possible to prevent erroneous shipments. In addition, for purchasers, the integrated form allows them to efficiently check and payment when the product arrives.
*2 From Yano Research Institute, Inc., "2020 Online payment Service Provider Status and Future Forecast".
▲ Image of shipment by linkage between "Logizard ZERO" and "GMO Payment After Delivery"
【GMO Payment After Delivery】
"GMO Payment After Delivery" is a buy now pay later payment service provided by GMO-PS for EC businesses. In addition to making advance payments regardless of the payment status of the purchaser, GMO-PS also handles all operations such as credit management, invoice issuance, and payment management. You can present a convenient postpaid payment to the purchaser without any collection risk. As a result, we can expect to attract a user group who have not made a purchase due to reasons such as "I am reluctant to use a credit card" or "I want to pay after actually seeing the product or using the service".
■ 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. Selectable billing method | There are three types of billing methods for purchasers: "sealed letter Thailand", "crimped postcard Thailand", and "smartphone app Thailand". You can choose the most suitable billing method according to your purpose, such as supported payment methods, cost reduction, and use of your own e-commerce app. In addition, we also offer a "invoice bundling service" that bundles invoice with products, and we can respond to various requests from EC businesses. |
3. Industry's lowest rate | payment fees, fixed costs, invoice issuance costs, transfer fees, etc. are all at the lowest level in the industry (*3). Please refer to the following URL for the details of the charges. 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 a buy now pay later payment provider that can provide Credit card payment to buy now pay later payment collectively, we provide Payment After Delivery service "GMO Payment After Delivery" with no risk of non-collection to major e-commerce businesses such as product sales and services.
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】
- Logizard ZERO
- URL : https://www.logizard-zero.com/
- GMO Payment After Delivery
- URL : https://www.gmo-ps.com/
[Press Inquiries]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division Public Relations/UX Design Department
- TEL
- +81-3-3464-0182
- pr@gmo-pg.com
GMO Internet, Inc.
Group Communication Department, Public Relations Officer, Ishii, Bushiki
- 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. |
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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 | 150 million yen |
[GMO Payment Gateway, Inc.] (URL: https://www.gmo-pg.com/)
Corporate Name | GMO Payment Gateway, Inc. (TSE First Section Securities Code: 3769) |
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Location | 1-2-3 Dogenzaka, Shibuya-ku, Tokyo Shibuya Fukurasu |
Representative | President & Chief Executive Officer Issei Ainoura |
Business Description | ■ Comprehensive payment related services and finance related services |
Capital | 4,712 million yen |
[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 finance business ■ Cryptographic assets business |
Capital | 5 billion yen |
* Company names and product names are trademarks or registered trademarks of their respective companies.