December 10, 2008
- GMO Payment Gateway
December 10, 2008
Press Release
GMO Payment Gateway, Inc.
Amagasaki City Chooses GMO Payment Gateway Public Sector Credit Card Payment Processing Service
Tokyo – December 10, 2008 – GMO Internet Group remote credit card payment processing company, GMO Payment Gateway announces today that it has been contracted to provide credit card payment data processing services to Amagasaki City (Hyogo prefecture, Japan) for credit card payments of water rates etc. The GMO Payment Gateway, Public Sector Credit Card Payment Processing Service will be implemented for February 2009 meter readings.
Background and Summary
In the current remote credit card payment processing market, an environment where consumers seek flexible payment options and government is promoting strategic IT restructuring, we have not only expanded our business in the retail industry but also in such fields as electricity, gas and NHK license fee payments. In 2006 at the 164th Ordinary Session of the Diet, the Local Government Act was revised to allow payments to government to be accepted by credit card.
Amagasaki City plans to introduce credit card payments of water rates etc. for February 2009 meter readings. It began receiving applications on December 1 this year. By introducing credit card payment processing Amagasaki City offers its residents the advantages of being able to use their existing credit card, collects points offered by their credit card company, and consolidate their utilities payments to be paid on one day.
Amagasaki City has selected the GMO Payment Gateway, Public Sector Credit Card Payment Processing Service to provide credit card payment data processing operations.
GMO Payment Gateway Public Sector Credit Card Payment Processing Service
The GMO Payment Gateway Public Sector Credit Card Payment Processing Service has been adopted by the Tokyo Metropolitan Government Bureau of Waterworks, the Social Insurance Agency and municipal governments including Osaka prefecture and Fujisawa city.
The service centralizes tasks like card validity checks, claims and updating of card information, and because it is provided as an ASP service it can be implemented in a short period of time. We also provide an online application function that accepts 3-D secure certificates for identification purposes.
All GMO Payment Gateway offices have acquired ISMS ISO/IEC27001:2005 certification. These are global independent certification standards for information security management that ensure customers can feel safe using our services.
Outlook
Private final consumption spending in Japan is currently at around 292 trillion yen a year*1. Of that figure, the amount accounted for by credit card payments is no more than 35 trillion yen*2. Payments in the public sector, which has yet to fully introduce credit card payment options, are estimated to be worth between 20 trillion yen and 50 trillion yen. We expect the expansion of credit card payment services in this field to further expand the credit card market, improve efficiency in the public sector and be more convenient for the user. GMO Payment Gateway strives to continue expanding credit card payment processing services.
(*1) National accounts in the 2007 fiscal year (*2) Japan Consumer Credit Industry Association
GMO Payment Gateway Inc.
GMO-PG provides credit card payment processing services including remote payment processing for online stores etc, processing of recurring payments such as CATV and NHK fees as well as social insurance, payments to the Tokyo Metropolitan Government and other public institutions. It is a completely safe and very convenient service for both business and consumer. We aim to be the payment processing infrastructure for Japan.
Media Inquiries
GMO Payment Gateway Inc. Corporate Planning Office
E-mail: [email protected]
GMO Internet Inc. Group PR Team
E-mail：[email protected]
About GMO Internet Group
GMO Internet Group, headquartered in Japan, is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services worldwide. The group holds top domestic market share in domain registration, web hosting, and payment processing and provides a host of other Internet services including global online security services, e-commerce solutions, and Internet advertising to both businesses and individuals. At the centre of the group is GMO Internet, Inc. a company listed on the prestigious first section of the Tokyo Stock Exchange (TSE: 9449).
Company Name | GMO Payment Gateway Inc. http://www.gmo-pg.com/ (TSE First Section Code: 3769) |
Address | Shibuya Square A, 1-9-5 Dogenzaka, Shibuya ku, Tokyo JAPAN |
CEO | Issei Ainoura |
Business Description | - Credit card payment processing and related services |
Capital | 655,240,000 yen |
GMO Internet Inc.
Company Name | GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449) |
Address | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Internet Use Support (Infrastructure) - Internet Advertising Support (Media) |
Capital | 1,276,830,000 yen |