buy now pay later payment service for BtoB transactions "GMO B2B Pay on Credit"
Issue the invoice system-enabled qualified invoice
~Providing "multiple issuance method" and "one-sheet method" that can be selected according to the business of the business operator ~
November 11, 2022
GMO Payment Service, Inc.
GMO Internet Group is GMO Payment Gateway, Inc. consolidated company. GMO Payment Service, Inc. (President & Chief Executive Officer: Katsunari Mukai GMO-PS) is a buy now pay laterpayment service for BtoB transactions. GMO B2B Pay on Credit", the invoice system (qualified invoice We have decided to issue a invoice corresponding to the equal storage method. We will issue two types of qualified invoice so that you can choose according to the business and request of the operator, "multiple issuance method" and "single card method".
the invoice system will begin as a method of purchase tax credit for consumption tax from October 1, 2023. the invoice system is that the seller company Registered as a business issuer of qualified invoice and met the requirements qualified invoice (Invoice) issuance of an invoice, allowing the purchasing company (business partner) to receive a purchase tax credit (*1).
GMO-PS is a buy now pay laterpayment service for BtoB transactions. GMO B2B Pay on Credit", corresponding to the invoice system Optional Services issuing invoice, we will start providing the "Invoice Issuance Service" from July 2023 (scheduled). The "Invoice Issuance Service" can issue two types of invoice that meet the required items of the qualified invoice, "multiple issuance method" and "single card method". GMO B2B Pay on Credit" business issuer of qualified invoice allows you to choose the qualified invoice that best suits your business.
■ About qualified invoice issued by "GMO B2B Pay on Credit"
|Multiple issuance method||・ A qualified invoice stating the amount calculated for tax for each transaction is issued.
・If there are multiple transactions based on "GMO B2B Pay on Credit" from the same business partner, the number of qualified invoice corresponding to the number of transactions will be issued.
・Since tax is calculated and rounded for each transaction, there is no difference (*2) between the offered amount at the time of transaction and the final invoice amount.
・Since costs are incurred according to the number of issued copies at the time of qualified invoice issuance, it is suitable for businesses that do not have many transactions with the same business partners.
|Single-sheet method||・ Transactions made with the same business partner in a month are combined into one transaction, and a qualified invoice stating the amount for which tax has been calculated is issued.
・ Even if there are multiple transactions from the same business partner in a month by "GMO B2B Pay on Credit", one qualified invoice will be issued as one transaction.
・Since the invoice system performs one rounding per invoice, there may be a difference (*2) between the amount offered at the time of transaction and the final invoice amount.
・ Businesses that have many transactions with the same business partner for one month can reduce issuance costs because they issue one month's worth of transactions in one qualified invoice invoice
For business issuer of qualified invoice registration number, see GMO B2B Pay on Credit" will be shared by the business operator and described in the invoice by GMO-PS. In the case of BtoB mall-type businesses, it is also possible to issue a qualified invoice with the registration number of the mall operator. qualified invoice will be issued as a PDF or sealed letter (*3).
- (*1) For more information about the invoice system, see National Tax Agency Special Feature the invoice system.
- *2 If a fraction of less than 1 yen occurs in the "consumption tax amount, etc. divided by tax rate," one fraction will be processed for each tax rate per qualified invoice. In doing so, there may be a discrepancy between the amount offered at the time of the transaction and the final invoice amount.
- *3 Only businesses that have set the invoice type to "Sealed Type" can issue a qualified invoice by sealed letter in addition to PDF download. Businesses that have set "postcard type" can download the qualified invoice in PDF.
[About "GMO B2B Pay on Credit"]（URL：https://www.gmo-ps.com/feature_kb-lp01/）
"GMO B2B Pay on Credit" is a buy now pay later for BtoB trading provided by GMO-PS. payment service.
It can be used for all BtoB transactions, whether online (EC) or offline (face-to-face), such as route sales business partners who regularly use the service regardless of whether they are corporations or sole proprietors, and customers who use subscription-type services (*4).
Since GMO-PS takes care of tasks such as credit check and invoice issuance, payment management, and dunning when payment has not been paid, businesses can improve the efficiency of billing operations. In addition, regardless of the payment status of the business partner, GMO-PS bears the risk of uncollected payments and deposits the accounts receivable of one month's worth of transactions on the specified date (*5).
■ 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
|3. Industry's lowest rate||All payment fees, fixed costs, invoice issuance costs, and transfer fees are among the lowest in the industry (*6). For details of fees, please refer to the following URL.
- *4 Use of "GMO B2B Pay on Credit" is subject to GMO-PS screening.
- *5 Transactions that have passed GMO-PS credit check and completed successfully are eligible.
- *6 GMO-PS research (as of November 11, 2022)
【GMO Payment Service】
GMO-PS is a consolidated company of GMO Payment Gateway, which develops comprehensive payment-related and finance-related services, for BtoC EC transactions buy now pay later payment service "GMO Payment After Delivery" and buy now pay later for BtoB transactions We provide payment service "GMO B2B Pay on Credit". It is used by many businesses due to its provision of real-time credit, the industry's lowest level of rates, and a system that can be customized according to the operation of the operator.
Going forward, we will continue to aim to be a company that contributes to society and people through Internet and payment services, and strive to develop and provide services that EC businesses and purchasers can use more safely and conveniently.
[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 Prime 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 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|