October 1, 2010
- GMO Payment Gateway
October 1, 2010
Press Release
GMO Payment Gateway, Inc.
(TSE First Section Code: 3769)
Kyoto City Selects GMO Payment Gateway to Process Donations in 20-Year Fundraising Campaign Supporting Major Restoration of World Heritage Listed Site
Tokyo – October 1, 2010 – GMO Internet Group company, GMO Payment Gateway today announces that Kyoto city has chosen the GMO-PG Public Sector Payment Processing Service to process credit card payments in its campaign to raise money for Kyoto’s historical Nijo Castle restoration project.
The campaign entitled World Heritage Nijo Castle Fundraising Campaign will begin next year and continue until the end of restorations, expected to take approximately 20 years.
Background
In 2011, Kyoto city plans to embark on an extensive project to restore national treasures including Ninomaru Palace (part of Nijo Castle) and other cultural assets. The city aims to preserve world heritage listed site and former imperial residence, Nijo Castle as an important asset not only to Japan but for the entire world. Nijo castle was built in 1603 by Tokugawa Ieyasu. This major restoration project is expected to take twenty years and to encompass all historical buildings within the site including twenty-eight structures listed as cultural assets.
Kyoto city aims to raise 5 billion yen over twenty-one years (2010 – 2030) through the World Heritage Nijo Castle Fundraising Campaign targeting both citizens and tourists. Donations will be accepted from October 2, 2010.
The GMO Payment Gateway, Public Sector Credit Card Payment Processing Service has been selected to process credit card donations for this campaign.
GMO Payment Gateway offers a proven track record in the implementation and operation of payment processing solutions and secure, reliable systems*.
*For the safety of all our customers, GMO Payment Gateway actively pursues implementation of the best possible security. All GMO Payment Gateway offices have acquired ISMS ISO/IEC27001:2005 certification, and in addition we are fully compliant with credit industry global security standards PCIDSS jointly formulated by JCB, American Express, Discover, MasterCard and VISA. The company has also been awarded the “Privacy Mark” recognizing solid systems for the proper handling of personal information.
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 in Japan now accept credit card payments or are planning to do so.
The GMO-PG service centralizes tasks like card validity checks, claims, and updates of card details and because it is provided as an ASP it can be implemented in a short period of time. In addition, online application is secured by personal identification security protocol 3D secure.
Outlook
Private final consumption spending in Japan is currently at around 291 trillion yen a year*1. Of that figure, the amount accounted for by credit card payments is no more than 42 trillion yen*2. 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 associated services |
Capital | 655 million yen |
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 |