GMO-PG Processing Platform
▼ About ”GMO-PG Processing Platform”
“GMO-PG Processing Platform” provides various payment solutions that help financial institutions or financial service providers start payment-related services by enabling payment infrastructure building in short time, at low cost and with ease. Services covered under this comprehensive platform assist you with issuing debit cards, credit cards, prepaid cards and house cards as well as merchant businesses that require functions of contract management, settlement and card transactions. The platform also serves in creating operational efficiency, with all its solutions built on one, central administration page.
Overview of the platform
Characteristics of GMO-PG Processing Platform
1.Provides optimum solutions for each customer
Credit Card Payment is a representative contract service for mail-order businesses.
There can be cases when you cannot use our services or cannot use the whole spectrum of services because of your product or by results of the screening conducted by credit card companies/collection agencies.
2.Supports every payment scenario
Our platform supports every scenario of payments, whether at physical stores or through Ecommerce shopping. The platform can also offer marketing-related functionalities such as CLO, reward or coupon.
3.Incorporates GMO-PG’s uniqueness and capabilities
Every solution is provided through API which allows low-cost and easy implementation of services.
4.About credit card fraud incidents
Utilizing payment know-how and experiences through our payment processing business, the platform implementation comes in at a low-cost, in short window of time, and with ease. In addition, the platform drives operational efficiency, centrally managing all solutions on one administrative page.
Overview of each function
■ Payment solutions
| Debit card issuing1 support | Issuing debit cards of international brands and other functions needed for the card transactions Customizable to suit your needs including virtual card issuing, immediate issuing and corporate card issuing 【Main functions】 ・Membership management: receiving applications, card issuing, master management of member data, membership web page (configuration on conditions of use, usage history review, etc.) ・Transaction management: authorization2, sales processing, overdraft3 response, acting authorization |
| Credit card issuing support | Issuing credit cards of international brands and other functions needed for the card transactions Linked with existing systems of financial institutions, credit card-issuing system can be installed immediately. 【Main functions】 ・Membership management: receiving applications, card issuing, master management of member data, membership web page (configuration on conditions of use, usage history review, etc.) ・Transaction management: authorization, sales processing, credit line management, delay damage management |
| Prepaid card issuing support | Issuing prepaid cards of international brands and other functions needed for the card transactions Reloading via credit card or convenient store, point/reward linkage and app usage are available. 【Main functions】 ・Membership management: receiving applications, card issuing, master management of member data, membership web page (configuration on conditions of use, usage history review, etc.) Transaction management: authorization, sales processing, balance management, overdraft response |
| House solution support | Issuing non-international brand, house4 credit/prepaid cards, merchant management and other functions necessary for the transactions 【Main functions】 ・Membership management: receiving applications, card issuing, master management of member data, membership web page (configuration on conditions of use, usage history review, etc.) ・Transaction management: transaction data processing, transaction master management, credit line and balance management, fraud detection ・Merchant management: merchant master management, creation of report for merchant’s settlement, merchant web page (settlement information, transaction-level inquiry5) |
| Acquiring6 support | Merchant contract management, merchant settlement operation and functions for payment message processing of various card types 【Main functions】 ・Merchant management: merchant master management, report creation for merchant’s settlement, merchant web page (settlement information, transaction inquiry) ・Transaction management: authorization and sales processing, handling of international brands, fraud detection, dynamic credit monitoring7 |
■ Base infrastructure
| Improved convenience for card members | Smartphone app and web page (configuration on conditions of use, usage history review, bank account activity review) to improve convenience for card members and to expand their usage |
| External connection | API or settlement-network connection among financial institutions, Fintech firms and international brand card companies |
| Marketing and sales promotions | Marketing support through CLO8, points/rewards, coupons, etc., dynamic credit monitoring, fraud detection |
| Operation management | Storing data (member data, merchant data and transaction data) on database, transaction review, creation of reports for settlement |
- Issuing1：Looking for potential card members, issuing cards, delivering services and billing for card usage
- Authorization2：Checking card validity (to confirm as not cancelled or lost, etc.) and checking credit to confirm that transaction is within bank account balance (for debit cards), credit line (for credit cards) or prepaid card balance
- Overdraft3：Card usage above bank account balance or prepaid card balance
- House card4：Card whose usage is limited to merchants in contract with the card issuer
- Transaction-level inquiry5：Inquiry per transaction
- Acquiring6：Looking for potential merchants, contract management and settlement for new merchants, and settlement processing of card transaction
- Dynamic credit monitoring7：Identifying if there is fraudulent transaction out of merchants’ card transactions
- CLO8：A short for Card Linked Offer. A service to provide benefits such as coupons and points/rewards based on attributes or transaction history by member
Application/implementation flow
*Time window until service release is adjustable and determined through discussions.