【GMO-PS】buy now pay later payment service for BtoB transactions "GMO B2B Pay on Credit" Linked with the EC platform provided by W2Payment After Delivery service "GMO B2B Pay on Credit" for BtoB transactions, linking with the e-commerce platform provided by W2
~Introducing a short-term and efficient payment system to BtoB EC sites~

March 30, 2023

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. in the GMO Internet Group, has announced that it will provide "GMO B2B Pay on Credit" Payment After Delivery service for BtoB transactions and "W2 Repeat," a cart system specializing in regular mail order provided by W2 Co.,Ltd. (CEO: Daiki Yamada, hereinafter referred to as "W2"). We are pleased to announce that we have started general applications from today, Thursday, March 30, 2023.
As a result, businesses that use "W2 Repeat" and "W2 Unified" to build e-commerce sites that support BtoB transactions will be able to introduce "GMO B2B Pay on Credit" more quickly and efficiently.

【GMO-PS】Payment After Delivery service "GMO B2B Pay on Credit" for BtoB transactions, linked with W2's e-commerce platform

【Background and Summary】

Japan The size of the BtoC EC market in Japan was 20.7 trillion yen as of 2021, and the EC ratio market was 8.78% from 5.79% in 2017 ^(*1). In the same year, the BtoB EC market size was 372.7 trillion yen, and EC ratio increased from 29.4% in 2017 to 35.6% (*1), and both BtoC and BtoB transactions are becoming more e-commerce.
Under these circumstances, GMO-PS provides EC businesses with Payment After Delivery service "GMO Payment After Delivery" for BtoC EC transactions and Payment After Delivery service "GMO B2B Pay on Credit" for BtoB transactions. Both services are used by many e-commerce businesses because of their features such as the provision of real-time credit, the lowest level of pricing ^(*2) in the industry, and the ability to flexibly customize according to the operator's operation.
GMO-PS is collaborating with "GMO Payment After Delivery" and "GMO B2B Pay on Credit" to support more e-commerce businesses with e-commerce carts and e-commerce construction tools, and this time, it has linked "GMO B2B Pay on Credit" with W2's e-commerce platform, which provides a high-performance e-commerce platform that supports a wide range of various business sizes and product categories. General application has started today.
By linking W2 Repeat, a cart system specializing in regular mail order, and W2 Unified, an e-commerce site construction/cart system, and GMO B2B Pay on Credit, businesses that use W2 Repeat and W2 Unified to build e-commerce sites that support BtoB transactions will be able to use W2 Repeat and GMO B2B Pay on Credit W2 Unified to build e-commerce sites that support BtoB transactions in a shorter period of time and more efficiently. It will be possible to introduce. For businesses building e-commerce sites that support BtoC transactions, we have already linked "W2 Repeat", "W2 Unified" and "GMO Payment After Delivery".
GMO-PS will continue to provide "GMO Payment After Delivery" and "GMO B2B Pay on Credit" to many e-commerce businesses with the aim of reducing billing-related work and realizing DX for e-commerce businesses.

(*1) Ministry of Ministry of Economy, Trade and Industry "Reiwa 3rd Fiscal Year Market Research Report on E-commerce" released in August 2022
In the BtoC EC market, the market size is the sum of the product sales field, service field, and digital field, and the EC ratio refers to the value of the product sales field.
URL：https://www.meti.go.jp/press/2022/08/20220812005/20220812005-h.pdf

*2 GMO-PS research (as of March 30, 2023)

[About "GMO B2B Pay on Credit"]

（URL：https://www.gmo-ps.com/feature_kb-lp01/）

"GMO B2B Pay on Credit" is a Payment After Delivery service for BtoB transactions provided by GMO-PS.
Regardless of whether you are a corporation or a sole proprietor, ^{you can use} it for all BtoB transactions, regardless of whether you are a corporation or a sole proprietorship, regardless of whether you are a route salesperson who regularly uses the service or a customer who uses a subscription-type service.
credit check ・ invoice GMO-PS takes care of tasks such as issuance, payment management, and reminders in the event of non-payment, so businesses can improve the efficiency of their billing operations. In addition, regardless of the payment status of the business partner, GMO-PS bears the risk of non-collection of the payment, and accounts receivable of the transactions for one month is deposited on the prescribed date ^(*4).

■ Features of "GMO B2B Pay on Credit"

1. Real-time credit

Since it implements real-time credit check, it prevents withdrawal with smooth payment without waiting for business partners (buyer companies).

2. Abundant Optional Services

We offer a wide range of Optional Services that can be optimally customized according to your company's operations.

■ Main Optional Services

・ Early Payment Service	: payment of sales on the 5th business day of the following month earlier than the specified date
・ Individual invoice issuance service	: Issue individual invoice before the closing date, instead of issuing invoice one month's transactions
・ payment deadline extension service	: Extend the payment deadline of the business partner (buyer company) up to 6 months later
・ Frame-guaranteed transaction service	: Since the available limit is set between the business operator and its business partner (buyer company), the business partner (buyer company) can payment without worrying about the purchase amount of other business partners.
・ Collection agency service	: GMO-PS will take over the subsequent invoice issuance and payment management even for transactions that did not pass the credit check.
・ Periodic billing service	: Ideal for billing SaaS services as you can bill regularly once you register
・Invoice issuance service	: A service for business issuer of qualified invoice, according to the intention of the business, for each transaction It is either a multiple issuance method that issues qualified invoice or a single card method that issues one qualified invoice at a time for one month qualified invoice (Available from July 2023)

3. Industry's lowest rate

All payment fees, fixed costs, invoice issuance costs, and transfer fees are among the lowest in the industry ^(*5). For details of fees, please refer to the following URL.
URL：https://www.gmo-ps.com/feature_kb-lp01/

*3 Use of "GMO B2B Pay on Credit" is subject to GMO-PS screening.

*4 Transactions that have passed the GMO-PS credit check and completed successfully are eligible.

*5 GMO-PS research (as of March 30, 2023)

【About W2 Co.,Ltd.】

https://www.w2solution.co.jp/

W2 is a system company that develops cutting-edge EC platforms that are committed to the "success" of the e-commerce business. More than 70% of our employees are engineers, and we are an elite company that leads technology. In addition to 100% in-house development, all processes of "introduction of sales →→ development → customer success" are also produced in-house. We have a system and mechanism in place to guide our customers' business success. The service includes the "W2 Repeat" cart system specializing in regular mail order and the EC site construction / cart system "W2 Unified". It has achieved industry-leading "average sales growth rate" and is a company that has the largest e-commerce value creation as a W2 Group, with "consulting", "design production", "operation agency", and "data analysis" in the group.

【GMO Payment Service】

GMO-PS is a consolidated company of GMO Payment Gateway, which provides comprehensive payment-related services and finance-related services, and provides Payment After Delivery service "GMO Payment After Delivery" for BtoC EC transactions and "GMO B2B Pay on Credit" Payment After Delivery service for BtoB transactions. It is used by many businesses due to its real-time credit provision, industry-low rates, and a system that can be customized according to the operator's operation.
We will continue to aim to be a company that contributes to society and people through Internet and payment services, and will strive to develop and provide services that can be used more safely and conveniently by e-commerce businesses and purchasers.

[Press Inquiries]

GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division Public Relations/UX Design Department

TEL: +81-3-3464-0182

Inquiry form
https://contact.gmo-pg.com/m?f=767

GMO Internet Group, Inc.
Group Communication Department Public Relations Officer Yamazaki

TEL: +81-3-5456-2695
E-mail: pr@gmo.jp

[Contact for inquiries regarding services]

GMO Payment Service, Inc.

TEL: 03-3464-2392
E-mail: g-marketing@gmo-ps.com

[GMO Payment Service, Inc., Ltd.] (URL: https://www.gmo-ps.com/)

Corporate Name	GMO Payment Service, Inc.
Location	1-14-6 Dogenzaka, Shibuya-ku, Tokyo Humax Shibuya Building
Representative	President & Chief Executive Officer　Katsunari Mukai
Business Description	■ payment processing services and EC peripheral services
Capital	150 million yen

[GMO Payment Gateway, Inc., Ltd.] (URL: https://www.gmo-pg.com/)

Corporate Name	GMO Payment Gateway, Inc. (TSE Prime Securities Code: 3769)
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	13,323 million yen

【GMO Internet Group, Inc.】（URL：https://www.gmo.jp/）

Corporate Name	GMO Internet Group, Inc. (TSE Prime Securities Code:9449)
Location	Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative	Representative Director and Group Representative Masatoshi Kumagai
Business Description	■ Internet infrastructure business ■ Internet advertising / media business ■ Internet finance business ■ Cryptographic assets business
Capital	5 billion yen