July 1, 2010
- GMO Payment Gateway
July 1, 2010
Press Release
GMO Payment Gateway, Inc.
(TSE First Section Code: 3769)
Sapporo City in Hokkaido Chooses GMO Payment Gateway Public Sector Payment Processing Service for Water Rates
Tokyo – July 1, 2010 – GMO Internet Group non-face-to-face payment processing company, GMO Payment Gateway announces today that is has been selected by Sapporo city (Hokkaido prefecture, Japan) to provide credit card payment processing services for water utility payments beginning in the June 2010 billing period.
Background
In the non-face-to-face credit card payment processing market, an environment where consumers seek flexible payment options and government is promoting strategic IT restructuring, we are not only growing our business in the retail industry but have also expanded into such fields as electricity, gas and NHK license fee payments. Since the Local Government Act was revised allowing municipal bodies to accept credit card payments (164th Ordinary Session of the Diet, 2006), this option is increasingly being made available for public sector services. Sapporo City plans to introduce credit card payments of water rates etc. beginning from October 2010 meter readings. The city will accept applications from August 1. Introducing credit card payments helps Sapporo to meet its objective of improving public services by diversifying payment options, providing more opportunities for residents to collects points offered by their credit card company, eliminating concern over forgotten payments, and enabling households to consolidate their utilities payments.
Sapporo city chose the GMO Payment Gateway, Public Sector Credit Card Payment Processing Service to provide credit card payment data processing operations.
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 Japan Pension Service as well as municipal governments including Tokyo and Osaka City. All municipal governments are now accepting credit card payments or planning to do so. We already provide processing services for water utility payments to cities including Tokyo and Fukuoka.
The service centralizes tasks like card validity checks, claims, and updates of card details and because it is provided as an ASP service it can be implemented in a short period of time. We also offer online application compatible with the personal identification security protocol 3D Secure.
GMO-PG takes an aggressive approach to client security ensuring customers feel safe using our services. All GMO Payment Gateway offices have acquired ISMS ISO/IEC27001:2005 certification, and in addition are fully compliant with credit industry global security standards PCIDSS jointly formulated by JCB, American Express, Discover, MasterCard and VISA.
We have also been certified by the “privacy mark system” and observe strict personal information handling practices.
Outlook
Private final consumption spending in Japan is currently at around 291 trillion yen a year*. Of that figure, the amount accounted for by credit card payments is no more than 42 trillion yen. The public sector, yet to fully adopt a credit card payment option, is estimated to receive payments worth between 20 trillion yen and 50 trillion yen. We expect the introduction of credit card payment in this field to further expand the credit card market, improve efficiency in the public sector and offer greater convenience for the user. GMO Payment Gateway continues to promote credit card payment processing services.
(*1) National accounts in the 2008 fiscal year (*2) Japan Consumer Credit Industry Association, 2010
GMO Payment Gateway Inc.
GMO-PG is a credit card payment processing service provider with services including non-face-to-face payment processing for online stores etc, and processing of recurring payments such as CATV and NHK fees. We also provide specialized payment solutions for public institutions including Japan Pension Service and Tokyo Metropolitan Government. Our services are safe and convenient for both business and consumer. As the largest payment processing service in Japan we are leading innovation in the industry and advancing ecommerce business.
Media Inquiries
GMO Payment Gateway Inc. Corporate Planning Office
E-mail: [email protected]
GMO Internet Group PR
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, ecommerce 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) |
Location | Shibuya HUMAX Building, 1-14-6 Dogenzaka, Shibuya-ku, Tokyo JAPAN |
CEO | Issei Ainoura |
Business Description | - Credit card payment processing and related services |
Capital | \655 million |
GMO Internet Inc.
Company Name | GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449) |
Location | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Web Infrastructure & Ecommerce - Internet Media |
Capital | 1.27 billion yen |