Newsroom

buy now pay later payment service for BtoB transactions "GMO B2B Pay on Credit",
Linked with "One's Closet", a cloud sales management system for apparel
-Supporting operational efficiency and DX in online wholesale transactions in the apparel industry-

January 17, 2022

GMO Payment Service, Inc.

GMO Internet Group GMO Payment Gateway, Inc. (Hereafter, GMO-PG) is a consolidated company GMO Payment Service, Inc. ((President & Chief Executive Officer: Katsunari Mukai Below, for BtoB transactions provided by GMO-PS) buy now pay later payment service" GMO B2B Pay on Credit "teeth, Freight Links Japan Ltd. (CEO: Takahisa Nakamura Less than, Freight Links) Will cooperate with the cloud sales management system "One's Closet" for the apparel industry from January 17, 2022 (Monday).
As a result, sellers can use "One's Closet" online wholesale (BtoB EC) function "Online Order" for "real-time credit", "industry's lowest commission (* 1)", and "abundant". Optional Services"" GMO B2B Pay on Credit Will be available (* 2).

  • (* 1) GMO-PS survey (as of January 17, 2022)
  • (* 2) GMO-PS screening is required for the use of "GMO B2B Pay on Credit".

Linked with "GMO B2B Pay on Credit", a buy now pay later payment service for BtoB transactions, and "One's Closet", a cloud sales management system for apparel

Linked with "GMO B2B Pay on Credit", a buy now pay later payment service for BtoB transactions, and "One's Closet", a cloud sales management system for apparel

【Background and Summary】

In BtoB transactions in Japan, payment is generally a "payment" in which invoice is sent after delivery and provision of goods and services, and payment is made by a set date. However, the seller company "issuance of invoice from the credit judgment, payment management, reminder when not paid, etc. will occur for each business partner" "accounts receivable collection is delayed or cannot be done" There is a business burden and risk of collecting accounts receivable, such as "possible". Under these circumstances, GMO-PS aims to eliminate the burden of uncollected risk of accounts receivable and the billing-related work of "payment" which is a common method of payment for BtoB transactions. We have been providing "GMO B2B Pay on Credit" since November of the year.
On the other hand, Freight Links provides a cloud sales management system "One's Closet" that has abundant functions in line with the business customs of the apparel industry in one package, "easy operation", "simple design" and "high". Taking advantage of the feature of "low price with function", it has been expanding since its provision.
And this time, GMO-PS and Freight Links will cooperate with "GMO B2B Pay on Credit" and "One's Closet" to further improve the convenience of wholesale transactions in the apparel industry. This makes it possible to use "GMO B2B Pay on Credit" as payment method in online wholesale (BtoB EC) through the "online order" function of "One's Closet".
Since credit check is implemented in "GMO B2B Pay on Credit" in real time, seller companies can prevent withdrawal with smooth payment without waiting for buyer companies. In addition, with this collaboration, the correspondence related to "GMO B2B Pay on Credit" such as credit result confirmation and invoice issuance request will be completed on the management screen of "One's Closet", so seller companies can use it without hassle. I can do it.

GMO-PS will continue to promote cooperation with related partners such as EC carts, EC construction tools, and cloud services so that BtoB businesses in various industries and industries can improve the efficiency of billing-related operations and realize DX. increase.

[About "GMO B2B Pay on Credit"]

(URL: https://www.gmo-ps.com/service/feature_kb/)

"GMO B2B Pay on Credit" is a buy now pay later payment service for BtoB transactions provided by GMO-PS. For all BtoB transactions, whether online (EC) or offline (face-to-face), such as business partners who regularly use routes regardless of corporate or sole proprietorship, or customers who use subscription-type services. You can use it (* 2). credit check ・ invoice Since GMO-PS takes over the work of issuing, deposit management, and reminder when there is no deposit, the business can improve the efficiency of billing-related work. Furthermore, regardless of the status of the customer's payment, the risk of uncollected payment will be borne by GMO-PS, and accounts receivable for one month's transaction will be deposited on the specified date (* 3).

■ Features of "GMO B2B Pay on Credit"
1. Real-time credit Since it implements real-time credit check, it prevents withdrawal with smooth payment without waiting for business partners (buyer companies).
2. Abundant Optional Services

We offer a wide range of Optional Services that can be optimally customized according to your company's operations.

■ Main Optional Services
・ Early Payment Service : payment of sales on the 5th business day of the following month earlier than the specified date
・ Individual invoice issuance service : Issue individual invoice before the closing date, instead of issuing invoice one month's transactions
・ payment deadline extension service : Extend the payment deadline of the business partner (buyer company) up to 6 months later
・ Frame-guaranteed transaction service : Since the available limit is set between the business operator and its business partner (buyer company), the business partner (buyer company) can payment without worrying about the purchase amount of other business partners.
・ Collection agency service : GMO-PS will take over the subsequent invoice issuance and payment management even for transactions that did not pass the credit check.
・ Periodic billing service : Ideal for billing SaaS services as you can bill regularly once you register
3. Industry's lowest rate payment fees, fixed costs, invoice issuance costs, transfer fees, etc. are all at the lowest level in the industry (* 1). Please refer to the following URL for the details of the charges.
URL: https://www.gmo-ps.com/service/feature_kb/price/
  • (* 3) Transactions that have passed the credit check by GMO-PS and have been completed normally are eligible.

【GMO Payment Service】

GMO-PS, as a consolidated company of GMO-PG which develops comprehensive payment-related services and financial-related services, offers buy now pay later payment service "GMO Payment After Delivery" for BtoC EC transactions and "GMO B2B Pay on Credit" for BtoB transactions. It is used by many businesses due to the provision of real-time credit, the lowest rates in the industry, and a system that can be customized according to the operation of the business.
Going forward, we will continue payment services, and strive to develop and provide services that can be used more safely and conveniently by EC businesses and purchasers.

[Press Inquiries]
GMO Payment Gateway, Inc.
Corporate Value Creation Strategy Division Public Relations/UX Design Department
TEL
+81-3-3464-0182
Inquiry form
https://contact.gmo-pg.com/m?f=767
GMO Internet, Inc.
Group Communication Department Public Relations Matsui
TEL
+81-3-5456-2695
E-mail
pr@gmo.jp
[Contact for inquiries regarding services]
GMO Payment Service, Inc.
TEL
03-3464-2392
E-mail
g-marketing@gmo-ps.com

[GMO Payment Service, Inc., Ltd.] (URL: https://www.gmo-ps.com/)

Corporate Name GMO Payment Service, Inc.
Location 1-14-6 Dogenzaka, Shibuya-ku, Tokyo Humax Shibuya Building
Representative President & Chief Executive Officer Katsunari Mukai
Business Description ■ payment processing services and EC peripheral services
Capital 150 million yen

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

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

[GMO Internet, Inc., Ltd.] (URL: https://www.gmo.jp/)

Corporate Name GMO Internet, Inc. (TSE First Section Securities Code: 9449)
Location Cerulean Tower 26-1, Sakuragaoka-cho, Shibuya-ku, Tokyo
Representative Chairman and CEO / 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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