Net Protections, Inc. (Location: Chiyoda-ku, Tokyo; CEO: Shin Shibata; hereinafter “Net Protections”) began offering its B2B payment service NP Kakebarai for car sharing service Careko Car Sharing Club (hereinafter “Careko”), offered by Mitsui Fudosan Realty Co., Ltd. (Location: Chiyoda-ku, Tokyo; CEO: Yasushi Endo; “Mitsui Fudosan Realty”) from July 1 (Thurs), 2021.
About Careko Car Sharing Club
Careko Car Sharing Club is a membership-based car sharing service with stations centered around the Tokyo metropolitan and Kansai areas. Customers only need a smartphone, there is no need for face-to-face transactions, and it is cashless.
The aim is an accessible and convenient service that only requires a smartphone and eliminates costs such as parking fees, insurance premiums, and taxes. The company looks to offer customers a service that’s familiar, handy and easy.
Background behind introduction
Until now, corporate payments for Careko services required written procedures when customers applied to settle a payment by means other than a credit card, which increased the necessary time and effort. The spread of COVID-19 has also given rise to an increasing need to go paperless, meaning tackling the issue became more urgent.
NP Kakebarai makes it possible for new corporate Careko members skip the step of submitting documents and complete the process in a paperless fashion, from enrollment to the start of use. The service is offered with the hope of reducing necessary customer time and effort and offering services that meet customer needs.
Reasons why PIXTA chose NP Kakebarai
NP Kakebarai allows customers to outsource all BtoB payment billing work. NP Kakebarai offered the following benefits:
(1) Digital transformation of payment operations reduces workload.
Simply uploading customer data and billing data is all that is necessary to use NP Kakebarai, after that, all payment operations are completed in the cloud. Specifically, customers can reduce credit and invoice issuance and payment management from their workload.
(2) Businesses can offer a payment flow that meets the needs of their customers.
There is no need to submit documentation to use NP Kakebarai. Customers can also choose to be invoiced by post or email, allowing paperless invoicing. What’s more, payments can be made at convenience stores as well as at banks or by direct debit, offering a payment flow that works for today’s customer.
Net Protections will continue to improve its services and support the drive toward corporate DX throughout the COVID-19 pandemic.
About NP Kakebarai
NP Kakebarai is BtoB Buy Now Pay Later (BNPL) payment service that guarantees risk-free transactions and helps reduce complicated payment / billing processes between merchants and their clients through credit screening, issuing invoices, collection, confirmation, and payment reminder. Merchants can digitally transform all of the payment / billing processes, reduce unnecessary operations, and boost productivity with NP Kakebarai. In addition, NP’s sophisticated credit screening system which does not rely on the traditional Credit Bureau, enables it to accurately estimate delinquency risk with high approval rate. It allows merchants to handle SMEs, even individual businesses. Thus, it contributes to merchants’ sales growth and market expansion, also improvement of cash flow for clients for its flexibility of payment deadline. As of 2021, NP Kakebarai has annual transaction of 85 billion JPY, used by more than 410,000 companies, as 1 out of 8 companies in Japan chose NP Kakebarai as a payment method（※1）. NP Kakebarai will continue to be dedicated to providing the service creating a sustainable environment in which all stakeholders can challenge and grow more freely.
For further information regarding NP Kakebarai: https://np-kakebarai.com/(Japanese Only)
※1) Based on “Report of the 2019 Basic Survey on Small and Medium-sized Enterprises“ which estimated the number of Japan enterprise to 3.59 million and the number of companies using NP Kakebarai.
Overview of Mitsui Fudosan Realty Co., Ltd:
As a leading real estate brokerage company, Mitsui Fudosan Realty provides an array of solutions for housing and municipal challenges, including sales, purchasing, leasing, renting and utilization, with the aim of providing a better every-day life to customers. In March 2013, the company entered the membership-based car sharing service sector and started the Careko Car Sharing Club. With lifestyle changes from ownership to shared use, Mitsui Fudosan Realty provides cars in an accessible, new style of life.
Overview of Net Protections, Inc.
Net Protections, Inc. is a pioneer company in Buy Now Pay Later (BNPL) services in Japan and is leading the market with the largest market share (※2). In 2002, Net Protections launched its first service, NP Atobarai, a BNPL that guarantees risk-free transactions for businesses and provides a deferred payment for customers in Japan for the first time. In FY2020, NP Atobarai’s annual transaction volume has hit the growth rate of 116% compared to the previous fiscal year. NP Atobarai is used by numerous enterprises with over 15.8 million unique users in Japan (※3) and has processed more than 280 million transactions to date. In 2011, Net Protections released NP Kakebarai, a BNPL service for BtoB. NP Kakebarai has grown 127% yearly and played a role as the dominant BtoB payment service in Japan. In 2017, Net Protections launched atone, BtoC BNPL service with membership benefits that offers better shopping experience. In 2018, Net Protections released AFTEE, BtoC BNPL service in Taiwan. Net Protections has accumulated transaction data and knowledge since its first service launched, which has enabled it to build a sophisticated credit screening system and solid operation skills. Net Protections always pursues creating a society where everyone can do business safely and easily.
Company Name： Net Protections, Inc.
CEO：Shin Shibata
Website：https://corp.netprotections.com/
Business Outline：
BtoC E-Commerce BNPL Service “NP Atobarai”（”Buy Now Pay Later (BNPL)” Service）
BtoB BNPL Service “NP Kakebarai”
BtoC BNPL Service “NP Atobarai air” for day-to-day services
BtoC BNPL Service with membership benefits “atone”
BtoC BNPL Service in Taiwan “AFTEE”
Point Reward Program "NP Point Club"
Founded：January, 2000
Capital：JPY 100 million
Headquarter：SUMITOMO FUDOSAN KOJIMACHI FIRST BUILDING 5F, 4-2-6 Kojimachi, Chiyoda-ku, Tokyo 102-0083 Japan
※2) Surveyed Japan’s top 300 companies in the “75th EC and mail order sales ranking” published in Tsuhan Shimbun as of Jan. 7, 2021. Based on the portion of merchants outsourcing BNPL operations that use NP Atobarai as of Mar. 1, 2020.
※3) Source: Company information.The number of annual unique users: the number of users based on the matching of names and phone numbers during a fiscal year (Apr.1, 2020 to Mar.31, 2021)
Direct any inquiries regarding this release to:
Direct any inquiries from media regarding this release to::
Representative：Miyoshi / Iizuka / Tsuchiya
TEL ：03-5572-6062
Email ：netprotections@vectorinc.co.jp
Direct any inquiries from businesses and individuals regarding this release to:
Net Protections PR
Email ：pr@netprotections.co.jp
