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Entering the "Digital Salary Payment" area
~Promoting the digitalization of the payroll domain through remittances and payment as a Funds Transfer Service Provider~

March 10, 2023

GMO Payment Gateway, Inc.

Develop comprehensive payment-related services and finance-related services within the GMO Internet Group GMO Payment Gateway, Inc. (TSE Prime: Securities Code: 3769, President & Chief Executive Officer:Issei Ainoura GMO-PG) We will collaborate with partner companies to develop new businesses in the Digital Salary Payment domain, which will be lifted in April 2023. As the first step, Payroll Inc. provides outsourcing services for payroll operations (TSE growth: securities code 4489, President & Chief Executive Officer:Tetsuya Yuasa Hereinafter, Payroll In order to realize seamless salary payment using digital money, we have started discussions on service design, business operation, system construction, etc.

Entering the "Digital Salary Payment" area

【Background and Summary】

From April 2023, the ban on "digital payment of wages (Digital Salary Payment)" will be lifted. As a result, wages by transferring funds to an account of a Funds Transfer Service Provider designated by the Minister of Health, Labour and Welfare that meets certain requirements when the consent of the worker is obtained. You will be able to do payment (*1). In 2021, the total amount of salaries paid by private businesses exceeded 225 trillion yen (*2), and due to the spread of cashless payment, diversification of work styles, and an increase in foreign workers, The needs of Digital Salary Payment are expected to a certain extent.
GMO-PG is developing services based on payment to support online, cashless, DX, etc. Funds Transfer Service Provider (Registration Number: Kanto Local Finance Bureau License No. 00037) as payment In addition to providing Remittance Service, salary advance payments by "SOKKYU byGMO" and salary on a predetermined date Remittance Service We are also promoting the digitalization of money in the BtoE (Employee) area.
In the "Digital Salary Payment" that will be lifted in April 2023, GMO-PG aims to build a one-stop service to build a system for salary payment using electronic money, including house money. and companies that provide personnel and labor systems, Funds Transfer Service Provider that provide payment services, prepaid payment We will develop new businesses in cooperation with many partner companies in various fields, such as issuers of digital money that can be charged by means, businesses that provide securities accounts, and insurance and guarantee companies.
As the first step, we are the No. 1 user Actual (* 3) Payroll in payroll outsourcing. We will proceed with discussions on service design, business operation, system construction, etc. necessary to realize seamless salary payment using digital money.

【About Payroll Inc.】

We provide payroll outsourcing services mainly for enterprise companies with more than 1,000 employees, and have accumulated Actual while cultivating unique know-how over a long period of time, and are currently entrusted with payroll operations for 260 companies and 1.02 million people (as of the end of March 2022). It is positioned as a leading company.
As a payroll professional, we will continue to give top priority to "ensuring that customers receive services comfortably" and contribute as a "soft infrastructure" that supports the foundation of the company's existence.

【GMO Payment Gateway】

We provide payment-based services that support online, cashless, DX, etc. The annual Transaction value exceeds 12 trillion yen, and Online Payment Service EC operators, NHK, It has been introduced to more than 100,000 merchants, including National Tax Agency public entity.
As a leading company in the payment industry, we payment in the Online Payment Service and face-to-face areas Services, buy now pay later, BNPL (Buy Now Pay Later), BaaS Support to financial institution and operating companies We will lead social innovation with payment and finance technologies, such as strategic investment and financing of cutting-edge FinTech companies overseas, and contribute to the realization of a sustainable society and the progress and development of society. (Consolidated figures as of the end of December 2022)

【GMO Payment Gateway, Inc.】

GMO Payment Gateway, Inc. provides payment-related services that support the customer's online and cashless migration and digital transformation (DX). Annual transaction value exceeds ¥12 trillion and our online comprehensive payment services have been adopted by over 100,000 merchants such as EC operators and public institutions of NHK and National Tax Agency, etc.
As the leading company in the payment industry, we contribute to the advancement and realization of a sustainable society by driving social innovations using payment and financial technology through our services, such as online comprehensive payment service, payment services in the offline market, Buy Now Pay Later (BNPL), BaaS Support services to financial institutions and enterprises and strategic investment and lending to overseas leading-edge FinTech companies. (As of end-Dec 2022, consolidated figures)

[Press Inquiries]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division Public Relations/UX Design Department
TEL
+81-3-3464-0182
GMO Internet Group, Inc.
Group Communication Department Public Relations Officer Niino
TEL
+81-3-5456-2695
E-mail
pr@gmo.jp
[Contact for inquiries regarding services]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division
Corporate Planning / New Business Creation Department
E-mail
soku9_sales@gmo-pg.com

[GMO Payment Gateway, Inc.] (URL: https://www.gmo-pg.com/)

Corporate Name GMO Payment Gateway, Inc. (TSE Prime Securities Code: 3769)
Location 1-2-3 Dogenzaka, Shibuya-ku, Tokyo Shibuya Fukuras
Representative President & Chief Executive Officer Issei Ainoura
Business Description ■ Comprehensive payment related services and finance related services
Capital 13,323 million yen

【GMO Internet Group Inc.】 (URL: https://www.gmo.jp/

Corporate Name GMO Internet Group, Inc. (TSE Prime Securities Code:9449)
Location Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative Representative Director and Group Representative Masatoshi Kumagai
Business Description ■ Internet infrastructure business
■ Internet advertising / media business
■ Internet finance business
■ Cryptographic assets business
Capital 5 billion yen
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