Net Protections, Inc. (headquartered in Chiyoda-ku, Tokyo; CEO: Shin Shibata; “Net Protections”) is pleased to announce that it will strengthen its partnership with EC-CUBE, Inc(headquartered in Kita-ku, Osaka; CEO: Iwata Susumu)
Net Protections’ Buy Now Pay Later (BNPL) service, atone will be available on EC-CUBE, the no.1 open source e-commerce platform operated by EC-CUBE, Inc. EC-CUBE has more than 35,000 stores and an estimated annual transaction volume of more than JPY 240 billion.
atone BNPL per purchase and Next month payment will be available for the newest version of EC-CUBE*2, so EC-CUBE stores will be able to use both atone BNPL per purchase and Next month payment. It will induce both first-time and repetitive customers and improve the shopping experience. Merchants that have introduced both Next month payment and BNPL per purchase have seen their payment selection rate increase to an average of 23%.*3
Customers can enjoy BNPL with atone with and without membership, and members have an access to convenient features such as direct debit and sale deals on atone shops.
*1 According to “Third Annual Open Source Software Utilization Business Survey." by Information-technology Promotion Agency, Japan (IPA)
*2 EC-CUBE 4.2 or above
*3 For more information, please refer to the press release published on August 7th, 2023
https://atone.be/news/20230807/
About EC-CUBE
Open source e-commerce platform, EC-CUBE was launched in September 2006. Since its release, EC-CUBE has been used by many users and was nominated as Japan’s no.1 open source e-commerce platform in 2009 and the most used e-commerce platform within online shops with monthly sales of over JPY 10 million in November of 2020.*4
As EC-CUBE is an open source software with unlimited customizing, it is easy to customize source codes, add features with its plugins, link with mission critical systems or other services, and help users promote their business with their digital assets.
For more information about EC-CUBE: https://www.ec-cube.net/ (Japanese only)
*4 According to “Online store trend survey - small/large-scale online shops - businesses with monthly sales of less than JPY 10 million / more than JPY 10 million regarding satisfaction rates for their shopping cart system" by EC Marketing, Inc. (Japanese only)
About atone
atone is a BNPL service for both online and in-store purchases. Users can make purchases immediately and pay for them later without registering a bank account, credit card, or adding funds. On the other hand, atone merchants can prevent cart abandonment which customers leave the site without completing their purchase. In offline stores, atone can contribute to cashless without losing customers who own credit cards but do not use them. The reward points program makes new acquisition and repeat purchases much easier.
For further information regarding atone：https://atone.be/(Japanese Only)
About EC-CUBE, Inc.
Company Name: EC-CUBE, Inc.
Head Office: Herbis ENT Office Tower 8F 2-2-22 Umeda, Kita-ku, Osaka 530-0001, Japan
Representative: Susumu Iwata, CEO
Founded: October 2018
Website: https://www.ec-cube.co.jp/
Main shareholder: YRGLM Inc.
Business Description: Development, provision, and operational support of e-commerce websites
Overview of Net Protections, Inc.
Company Name: Net Protections, Inc.
(Net Protections Holdings, Inc. [Code: 7383, the Prime Market of the Tokyo Stock Exchange] Group)
Representative: Shin Shibata, CEO
Website: https://corp.netprotections.com/en/
Business Description: Provision of Buy Now Pay Later (BNPL) services
Founded: January, 2000
Capital: JPY 100 million
Head Office: Sumitomo Fudosan Kojimachi First Building 5th Floor, 4-2-6 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan
Direct any inquiries regarding this release to:
Net Protections PR
Email: pr@netprotections.co.jp
