February 16, 2009
- GMO Payment Gateway
February 16, 2009
Press Release
GMO Payment Gateway, Inc.
Fukuoka City to Adopt GMO Payment Gateway Credit Card Payment Processing Services
Tokyo – February 16, 2009 – GMO Internet Group remote credit card payment processing company, GMO Payment Gateway has been contracted to provide data processing services to Fukuoka City in Fukuoka prefecture for credit card payments of water rates from June this year.
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 are not only attempting to expand our business in the retail industry but also in such fields as electricity, gas and television license fees. 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.
Fukuoka City will introduce credit card payment of water rates beginning in the billing period June 2009. Applications will be accepted from April 1. The objectives of the introduction are improvement of resident services and administrative efficiency. The city will offer residents more payment options, more convenient bill paying and the advantage of being able to accumulate points offered by their credit card company. The government expects that credit card payments will account for 5% of all payments within a year of introduction.
Fukuoka 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 offers the city vast experience and high-level security.
*To ensure that customers feel safe using our services, GMO Payment Gateway actively pursues security measures. All GMO Payment Gateway offices have acquired ISMS ISO/IEC27001:2005 certification, and in addition is fully compliant with credit industry global security standards PCIDSS jointly formulated by JCB, American Express, Discover, MasterCard and VISA.
GMO-PG Public Sector Credit Card Payment Processing Service
The GMO Payment Gateway Public Sector Credit Card Payment Processing Service has been adopted by the Social Insurance Agency as well as municipal governments including Tokyo and Osaka City. Municipal governments all now accept credit card payments or are planning to do so. Other cities including Tokyo and Amagasaki already use GMO Payment Gateway services to process credit card payments of water rates.
The service centralizes tasks like card validity checks, claims, and updating of card information, and because it is an ASP service it can be implemented in a short period of time. We also offer online application capability using 3-D secure certificates.
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 Department
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).
GMO Payment Gateway Inc.
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 |