Bank Transfer (Virtual Account)

Bank Transfer (Virtual Account)

Bank Transfer (Virtual Account)

▼ Bank Transfer (Virtual Account)
It is a service that allocates a virtual account dedicated to receiving payments for each transaction.
We notify you about the status of each payment that was made to the Virtual Account and thus, minimize your efforts to check payment statuses.
(Please note that the service is based on "Perfect", a collation service of incoming payments offered by the Sumitomo Mitsui Banking Corporation and "account for receiving transfer payments" by GMO Aozora Net Bank. User will need to choose one at the time of application.)

Advantages of the Bank Transfer (Virtual Account) method

  • ・It minimizes your efforts to check payment statuses
    The Virtual Account service makes it easy to identify the remitter, optimizes reconciliation work, and helps to reduce administrative costs.
  • ・It strengthens the control over accounts receivable
    The Virtual Account service makes it effective to identify non-payments.
  • ・It improves customer service
    The Virtual Account service reduces deposit inquiries to buyers and resolves the problem of delays in delivery of goods and services caused by the time to check payments.
  • ・It reduces receiving wrong payments
    The service has check digit function and post-usage account freezing function as its standard functions. Therefore, you can expect to reduce receiving wrong payments.
    *This functionality can be enjoyed only for the applicants who chose GMO Aozora Net Bank.

Operation flow

From the stage of purchase to sales deposit

  • Purchase information, Payment number, Payment notification…Purchase information, Payment number, Payment notification
  • Deposit…Deposit
  • Service delivery…Service delivery
Bank Transfer (Virtual Account)
  1. Purchase
  2. Payment processing (Merchant -> GMO-PG)
  3. Allocation of the virtual dedicated account (GMO-PG -> Merchant)
  4. Allocation of the virtual dedicated account (Merchant-> Consumer)
  1. Payment
  2. Sales deposit (Bank -> GMO-PG)
  3. Sales information is received
    (GMO-PG -> Bank)
  4. Sales notification (GMO-PG -> Merchant)
  1. Service delivery (Merchant -> Consumer)
  2. Sales deposit (GMO-PG -> Merchant)

Bank Transfer (Virtual Account) service offered by GMO-PG

You can choose from the two service plans.

Sumitomo Mitsui Banking Corporation GMO Aozora Net Bank

A plan for Virtual Accounts held by GMO-PG to be allocated to each merchant

A plan to share Virtual Accounts held by bank for all contract counterparties


Per transaction unit*1 / per customer unit*2

Per transaction unit*1 / per customer unit*2

Contract type

only Representative contract with merchants

only Representative contract with merchants

Account number

Serial number*3

Random number

Dormant period of the account

30 days



*per online store unit

  1. ・Initial
  2. ・Stock
  3. ・Fee (charged based on the number of private
  4. ・Spread (charged based on the incoming payment
  1. ・Initial
  2. ・Stock
  3. ・Account opening fee (charged based on the number
    of account numbers issued)
  4. ・Payment receiving charge (charged based on the volume
    of payments received)
  5. ・Spread (charged based on the incoming payment amounts)
Account name of the recipient

GMO-PG/ xxx’s account (name designated by merchants)

①Shop name + (specified by merchant) *4/
②GMO-PG + (specified by merchant)

Check digit



Target merchant

We assume that the merchants who use this payment method will have more than 300 transactions per month under this service. This is an optimal plan for those merchants who want to use customer unit*2 or consider changing the recipient name of the payment even when their transaction volume is small.

All merchants
*Merchants with large bank transfer volume

*1) Allocation of virtual accounts per transaction unit (the method that allocates the account numbers per transaction unit and applies it only one time).

*2) Allocation of virtual accounts per customer unit (the method that links account numbers per customer and applies it continuously).

*3) Available by units of 1,000 accounts. Please take into consideration the dormant period of the account, and apply around 4 times that of the monthly account number.

*4) Merchants can receive the services only when requirements are met. Please contact us for further detail.

Notes on bank transfer (virtual account)

・Transfer fee

  • Please inform buyers beforehand that they pay the fee for the transfer to dedicated accounts.

・Bank lineup

  • You can choose from Sumitomo Mitsui Banking Corporation or GMO Aozora Net Bank.


  • Available functionalities depend on the banks of choice. Please contact us for further detail.

PG Multi-Payment Service

“PG Multi-Payment Platform” is a comprehensive payment service that gathered various payment solutions as the industries’ most advanced “SaaS”, which is easily introduced and highly efficient.

The process of service introduction is very smooth, as we facilitate all steps from the beginning of platform introduction to the full-scale service operations.

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.