Paid Payment

Paid Payment

Paid Payment

▼ Paid Payment
Paid Payment is a deferred payment-type account service for B2B e-commerce operator provided by Raccoon Co., Ltd. It is a comprehensive outsourcing service that handles money collection process, including credit decision, invoice issuing, deposit confirmation, and requests for payment. In addition, the full deposit is paid by Paid, so you don't need to deal with non-collection of sales.

Four reasons to choose Paid Payment

  • 1.Paid helps to improve business efficiency and reduce manpower costs, as it serves as a comprehensive outsourcing agent that handles everything from sales collection to credit decision.
  • 2.Paid improves the cash flow, as it offers deferred payment at the end of a month.
  • 3.Credit allocations for business clients may be set between 300,000 yen and 10 million yen. That makes it possible to deal with transactions with individual businesses or small-sized transactions immediately.
  • 4.Paid Payment is offered in the package together with credit card payment, bank transfer (virtual account), and account transfer to simplify the control over payments.

Operation flow

  • Purchase information, Payment number, Payment notification…Purchase information, Payment number, Payment notification
  • Deposit…Deposit
Operation flow
  1. Order
  2. Order processing (Seller -> GMO-PG)
  3. Order processing (GMO-PG -> Seller)
  4. Order result is returned (Paid -> GMO-PG)
  5. Order result is returned (GMO-PG -> Seller)
  6. “Order completed” screen
  1. Invoice issuing (Paid -> Buyer)
  2. Payment (Buyer -> Raccoon)
  3. Sales deposit (Raccoon -> GMO-PG)
  4. Sales deposit (GMO-PG -> Seller)

Service flow

  • Purchase information, Payment number, Payment notification…Purchase information, Payment number, Payment notification
  • Deposit…Deposit
Service flow
  1. Select Paid at the checkout
  2. Order information is sent to Paid, order result is returned
  3. Shipment according to order information
  4. Shipment information is sent to Paid
  5. Sales proceeds is transferred from Raccoon to GMO-PG
    *Closing at the end of a month / deposit on the 5th of the next month
  1. Sales proceeds is transferred from GMO-PG to Seller.
  2. Invoice issuing is conducted on the administration screen powered by Paid.
  3. Proceeds is transferred.

Procedure until service implementation

1. Contact/request for materials

Please contact us using the request form or by phone. We will send you free materials about payment services best suitable for your business. According to your request, our sales representative will contact you as soon as possible.

Note that it takes from three weeks to two months to start the operation. This period includes: initial application, merchant screening, ID issuing, and system integration.
We provide detailed consultations and accept requests regarding our payment services.
Please feel free to contact us with any questions you may have.

It is also possible to use the system in the test environment and download specifications.

Test environment enables you to conduct a preliminary test upon introducing “PG Multi-Payment Service”.
We also provide specification documents, manuals, and administration dashboard that is necessary for processing various payment methods (test operation).

2. Documents to submit

Please submit following documents when applying.

When using the Representative Contract with merchants:
  • 1) PG Multi-Payment Service application
  • 2) The register of the company (copy)
  • 3) Materials presenting your products/services
  • 4) Merchant information form
  • 5) Internal check form
  • 6) Notation content based on the Act on Specified Commercial Transactions
  • 7) Application and license to each competent government office.
  • *Some of the above documents are not required, when a web page is already being operated.
  • *Please contact our sales representative for more information.
When using the Direct Contract with merchants:
  • 1) PG Multi-Payment Service application
  • 2) Merchant information form

3. Merchant screening and registration

In case of Representative Contract with merchants, each acquirer conducts the merchant screening via GMO-PG.

4. Delivering the production environment

We will notify you about production environment settings via e-mail as soon as the system connection between an acquirer and GMO-PG is set.

5. Connection test in the production environment

You conduct the connection test in the production environment.

6. The start of full-scale operation

Service operations start.

  • *The period before the operations start varies, depending on your development tasks.
  • *PayPal introduction differs from other installation processes. After the merchant screening is approved, you will receive a confirmation e-mail from PayPal. You need to reply back by typing an authentication code. After that, the production environment will be provided.