Ryo Yanaka

GMO Payment Gateway, Inc.
Innovation Strategy Office, Strategic Business Management Department, Innovation Innovation Partners Division

The sharing economy is mentioned as a lifestyle that changes with cashless society, but I would like to explain it step by step.
First of all, with the advent of online shopping, it is now possible to shop online at any time and place, instead of going to a store and buying with cash. Online shopping tends to focus on this convenience, but in fact, if you pay with a credit card, you can purchase without using cash, which has also brought about cashless payments.
This cashless payment method will bring about services that can be purchased from individuals on the Internet such as flea market apps, and will not only be able to buy things from individuals, but will also be able to provide and use personal time and information. Realized the sharing economy.

By the way, do you think that the flea market apps are an extension of the online shop and you have to buy them from companies / manufacturers or individuals? CtoC (personal transaction) EC and sharing services such as flea market apps are difficult to apply to the current rules and customs of the credit card industry, and there are hurdles to the introduction of Credit card payment In other words, it cannot be cashless like an online shop.

I have been working on this issue as a leader for three to four years after joining the company, designing my own examination items, rules and systems, and now I am able to introduce a Credit card payment Also, for example, in this market, both buyers and sellers are individuals, so when delivering sales to sellers, a mechanism different from that for companies is required. Therefore, we are supporting the market to become more active by building a new service called "Remittance Service

In the CtoC EC and sharing service markets, screening, credit and payment are very important factors. We would like to contribute to the sound growth of the market by providing and returning our services and know-how to the market.

Mr. Yasunori Hatada

GMO Payment Gateway, Inc.
Innovation Partners Division Strategic Business Management Department Smart Pay Business Promotion Office

I have been in charge of the smartphone business for more than five years, from planning to providing payment services using smartphones. Recently, we have been developing our smartphone-based payment scheme for banks financial institution We focus on business for.

In 2014, I launched a smartphone-based payment service that allows you to complete card payment on a smartphone app. This is a new business that I worked on as an in-house entrepreneur (intrapremiser) in our company, where online payment processing company is our main business.

After that, while financial institution was considering new services utilizing "FinTech", our Due to the high affinity between smartphone-based payment services and financial institution, We now provide smartphone-based payment infrastructure systems to financial institution on an OEM basis. In particular, utilizing the knowledge, management know-how, and technical capabilities cultivated through the development and provision of smartphone-based payment services, "Ginko Pay" developed in collaboration with The Bank of Yokohama allows purchasers to immediately debit their bank account from the smartphone app. It is a service that allows you to payment and realizes cashless payment.

When talking to the people in charge of many banks about cashless payments, I feel that each bank is taking the lead in moving toward cashless payments.

"Ginko Pay" is not provided by The Bank of Yokohama as a cashless service on a single line, but other regional banks and financial institution we are working to link services between banks across regions. In order to promote this development with The Bank of Yokohama, I have been proposing to many banks around the country with the person in charge. As a partner who innovates with these financial institution together, not as a payment system provider, We believe that it is our mission to realize new initiatives in financial institution.

Cashless society will accelerate. Under such circumstances, we would like to make full use of our strengths such as infrastructure of payments construction ability and scheme construction ability such as business planning ability and proposal ability, and financial institution

Nao Komai

GMO Payment Gateway, Inc.
Systems Division R & D charge

I have been in the payment industry for over 10 years, and I think the biggest turning point is the emergence and spread of smartphones.
This is because I feel that it was a big turning point in that it was very deep and quick to enter the lifestyle of general consumers, and it took root and became established.

Smartphones are not simply a combination of telephones and PCs, but function as a terminal for personal data that leads to cashless payments and data analysis, and although there are differences in distance, various technologies take root in daily life. I think it was a factor.

We also believe that the theme of this time, "cashless society," will be a major turning point. Since cash is the embodiment of credit, you have to pay a lot of money for its distribution, storage, and recording. In other words, it is the cost of operating society. By handling this electronically, it is possible to greatly reduce all costs such as time, place, labor and management, and to devote that power to the creation of new value.

Currently, as a system R & D manager, I am actually implementing and using to verify how new technologies can be used in our services in which fields. We are particularly focusing on data analysis and machine learning. Simply put, it's the field of AI. I can't say the specifics, but we have hundreds of millions of payment transaction data, and the theme to be tackled in the payment We are already advancing with a sense of concrete issues, which is different from the situation of vaguely "doing something using data". In addition, we are also very interested in blockchain technology. For example, our core payment processing company business can reliably record value transfer across a large number of stakeholders such as card companies, merchants, and card brands. It is one of the important missions, and I think it has the potential to significantly change this framework.