Sony Payment Services Inc. (President and CEO: Hidehiko Nakamura; "Sony Payment Services" or “the Company” ) and Net Protections, Inc. (CEO: Shin Shibata; “Net Protections”) are pleased to announce the referral partner agreement for Net Protections' Buy Now Pay Later (BNPL) services.
Background and Purpose of Referral Partner Agreement
Sony Payment Services offers a variety of online payment methods, including credit cards and convenience store payments. In recent years, the company has also been offering a wider range of payment solutions, like card-present payment services at physical stores and other facilities.
Against the backdrop of the recently growing interest in BNPL services, the Company has been considering collaborating with a new BNPL service provider to offer a solution that meets the needs of their businesses. This is why the Company is pleased to announce that it has entered a referral partner agreement with Net Protections, a BNLP pioneer in Japan.
BNPL services will provide a secure and convenient shopping experience for customers and are expected to increase sales for businesses. Through this partnership, Net Protections will provide BNPL services for Sony Payment Services’ broad customer base, as well as its Group Company services, such as ticket sales, digital content, merchandise sales, and other services. Net Protections will offer three BNPL services to meet the needs of businesses: NP Atobarai, a BtoC e-commerce BNPL service; atone, a BtoC cardless BNPL service that can be used for both online and physical stores; and NP Atobarai air, a BtoC BNPL service for on-site services.
About the services
NP Atobarai
NP Atobarai is a BNPL service for e-commerce. Users can pay for the product after it has been delivered, and it does not require any sign-up or credit card information. NP Atobarai, which provides a safe and convenient shopping experience, allows e-commerce retailers to prevent cart abandonment, reducing the risk of losing sales. Moreover, Net Protections handles all billing procedures, from credit screening to invoicing and payment collection, and covers non-payment risks, allowing the merchants to focus on its core business.
For more information about NP Atobarai (Japanese only):https://www.netprotections.com/
About atone
atone is a safe, simple, and beneficial BNPL service that can be introduced in a variety of industries, including e-commerce, digital content, and physical stores. atone offers the industry's lowest service fees for businesses, starting at 2.5%. Members can consolidate their bills and pay in the following month. Members can also use atone's reward points program. Non-members can still use atone BNPL per purchase, with only SMS authentication.
For more information about atone (Japanese only): https://atone.be/
NP Atobarai air
NP Atobarai air is a BNPL service for on-site services. It can be used for a wide variety of business such as repair services, housekeeping services, and rental services. Net Protections handles all billing operations, from billing to payment collection and confirmation. It also covers non-payment risks.
For more information about NP Atobarai air(Japanese only): https://www.netprotections.com/air
About Sony Payment Services Inc.
Company name: Sony Payment Services Inc.
Representative: Hidehiko Nakamura, President, and CEO
Website:https://www.sonypaymentservices.jp/
Business description: Credit card payment, other payment services, credit card data processing, etc.
Founded: September, 2006
Capital: JPY 488.75 million
Head office: 6F NBF Takanawa Building, 1-3-13 Takanawa, Minato-ku, Tokyo
About 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/
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
