To the business partners of The Fukuoka Bank, The Kumamoto Bank, and The Juhachi-Shinwa Bank
Providing "GMO B2B AR Guarantee" that guarantees accounts receivable
-Promote financial institution collaboration in the BtoB finance field and support DX of business partners-
January 26, 2022
GMO Payment Gateway, Inc.
GMO Payment Gateway, Inc. (TSE First Section: Securities Code 3769, President & Chief Executive Officer: Issei Ainoura, GMO-PG), which develops comprehensive payment-related services and finance
-related services in the GMO Internet Group,
guarantee to the Fukuoka Financial Group, The Bank of Fukuoka, Ltd. (Director, Chairman & President: Takashige Shibato, The Fukuoka Bank),The Kumamoto Bank, Ltd. (Director & President: Toshimi Nomura, The Kumamoto Bank), The Juhachi-Shinwa Bank, Ltd. (Director & President: Takujiro Mori, The Juhachi-Shinwa Bank) if the accounts receivable are uncollected, GMO-PG guarantees the accounts receivable by paying on behalf of the buyer company (*) "GMO B2B AR Guarantee". It will be available from Wednesday, January 26, 2022.
GMO-PG will continue to work on cooperation with financial institution in the field of BtoB finance, and will continue to support business partners that adapt to changes in the business environment together with financial institution.
- (*) There is a GMO-PG prescribed examination for use. It may not be available depending on the result of the examination.
GMO-PG provides finance related services that financially support business-to-business transactions with the aim of providing multifaceted support for business efficiency and growth measures for BtoB businesses. Furthermore, in order to support more BtoB businesses, we are actively supporting the expansion of finance services provided by financial institution to our business partners.
And this time, GMO-PG has released "GMO B2B AR Guarantee" as The Fukuoka Bank, The Kumamoto Bank, The Juhachi-Shinwa Bank expands its finance service to support DX of existing and new business partners. We have decided to provide it to the business partners of The Fukuoka Bank, The Kumamoto Bank, The Juhachi-Shinwa Bank. As a result, BtoB businesses that have transactions with The Fukuoka Bank, The Kumamoto Bank, The Juhachi-Shinwa Bank will be able to reduce the risk of uncollected accounts receivable.
[About "GMO B2B AR Guarantee"]
(URL: https://www.gmo-pg.com/service/urikake/)In the case of uncollected accounts receivable in the service for sellers (creditors) in BtoB transactions, GMO-PG guarantees accounts receivable by paying on behalf of the buyers (debtors). increase.
Sellers can reduce the time and effort required for credit management operations such as advance payment negotiations and dunning operations, as well as reduce the risk of uncollected payments due to the buyer's bankruptcy or delays at payment, so it is possible to increase the number of new customers.
Although the buyer's consent is not required for use, the guarantee amount will be decided by GMO-PG after a predetermined examination, and a fee will be charged according to the amount.
【GMO Payment Gateway】
More than 100,000 merchants, including online businesses such as online shops, NHK, National Tax Agency, and public entity in Tokyo, etc., We provide payment-related services and finance-related services. Focusing on payment services, we utilize value-added services and finance technologies that contribute to the growth of merchants payment method and services that meet funding needs, and the annual Transaction value exceeds 8 trillion yen. (Consolidated figures as of the end of September 2021)
As a leading company in the payment industry financial institution, we provide various Provision of payment and finance-related solutions and platforms, infrastructure of payments and so on. We are also promoting global expansion such as the development of payment-related services overseas and strategic investment and financing of cutting-edge FinTech companies overseas. We will continue to drive new innovations and contribute to the realization of a sustainable society and the progress and development of society.
