Net Protections, Inc. (headquartered in Chiyoda-ku, Tokyo; CEO: Shin Shibata; “Net Protections”), a provider of BtoB BNPL service, NP Kakebarai, has partnered with Ricoh Leasing Company, Ltd. (headquartered in Chiyoda-ku, Tokyo; President and CEO: Tokuharu Nakamura; “Ricoh Leasing”), and begun offering upfront payment as an optional service for NP Kakebarai starting April 8, 2022.
Overview of the Partnership
NP Kakebarai is a BNPL service for BtoB transactions. It guarantees risk-free transactions and helps reduce complicated billing/payment processes between merchants and their clients through credit screening, issuing invoices, collection, confirmation, and payment reminder. Settlement is made to the seller approximately 40 days after the cutoff date, regardless of whether the buyer has paid their invoice.
However, with the new feature (optional), merchants can set the settlement date as early as 10 days after the cutoff date. Even if a payment deadline is set in accordance with industry customs or clients, the settlement is always made on the set date. Thus, merchants can easily predict and manage their cash flow. Also, NP Kakebarai guarantees payment delay and non-payment risk, thus merchants are able to run their business while avoiding the risk.
About NP Kakebarai
NP Kakebarai is a BtoB BNPL (Buy Now Pay Later) service that guarantees risk-free transactions and enables to reduce the complicated billing/payment process between merchants and their clients through credit screening, billing, collection, payment confirmation, and payment reminder. With NP Kakebarai, businesses can outsource and digitally transform (※1) the whole billing process, thus it is able to reduce unnecessary operations and boost productivity. In addition, NP Kakebarai's sophisticated credit screening system which does not rely on the traditional Credit Bureau, accurately detects delinquency risk while maintaining high approval rate, thus merchants can easily handle SMEs, even individual businesses without any risk. Therefore, it contributes to merchants’ sales increase and market expansion, also improvement of cash flow for clients for its flexible payment deadline. As of 2021, NP Kakebarai has annual transaction of JPY 75 billion, used by more than 410,000 companies, as 1 out of 8 companies in Japan makes their payment with NP Kakebarai (※2). 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）In dealing with dramatic changes in business environments, companies are dedicated to changing their products, services and business models to meet the demands of customers and society by taking advantage of data and digital technologies; and also changing their business itself, organizations, processes, corporate cultures and corporate climate, so that they can establish competitive advantage.
※２）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 Ricoh Leasing Company, Ltd.
Ricoh Leasing was established in 1976 as a sales support company for Ricoh products, and since then has steadily expanded its field of business.
In the Lease & Finance Business, Ricoh Leasing supports the business activities of approximately 400,000 corporate customers by providing sales support to 6,000 vendor companies. It also offers loans such as Condominium Management Association Loans and Doctor Support Loans for clinic openings. In the Services Business, it provides collection agency services to help improve the efficiency of invoicing/collection operations and offers factoring services for healthcare and nursing-care facilities to improve their cash flows. In the Investment Business, it pursues new businesses in the field of real estate and renewable energy, such as house leasing and solar power generation.
Ricoh Leasing will continue to conduct business for customers and business partners and solve social problems to create a sustainable society.
【CEO】
Tokuharu Nakamura
【Website】
https://www.r-lease.co.jp/english/index.html
【Business Outline】
・Leases & Finance Business（Finance Leases, Operating Leases, Installment Sales, Rental, Loans)
・リース、割賦、レンタル、融資）
・Services Business（Collection Agency Services, Factoring Services for Healthcare & Nursing-Care Facilities）
・Investment Business（Housing Rental and Real Estate, Solar Power Generation）
【Founded】
December, 1976
【Capital】
JPY 7,896 million
【Headquarter】
New Otani Garden Court, 4-1, Kioi-cho, Chiyoda-ku, Tokyo 102-8563
Overview of Net Protections, Inc.
Net Protections, Inc. is a pioneer company in BNPL (Buy Now Pay Later) services in Japan and leading the market with the largest market share (※3). In 2002, Net Protections launched its first service, NP Atobarai, a BNPL that guarantees risk-free transactions for businesses and provides a deffered 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 (※4) 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 to build the sophisticated credit screening system and solid operation skills. Net Protections always pursues to create the society where everyone can do business safely and easily.
【代表者】
代表取締役社長 柴田 紳
【URL】
https://corp.netprotections.com/
【事業内容】
・後払い決済サービス「NP後払い」の運営
・企業間決済サービス「NP掛け払い」の運営
・訪問サービス向け後払い決済サービス「NP後払いair」の運営
・新しいカードレス決済「atone（アトネ）」の運営
・台湾 スマホ後払い決済「AFTEE（アフティー）」の運営
・ポイントプログラムの運営
【創業】
2000年１月
【資本金】
１億円
【所在地】
東京都千代田区麹町4丁目2-6 住友不動産麹町ファーストビル5階
※3）Calculated based on the estimated size of BNPL market in Japan of JPY 882 billion in FY2020 and the aggregate of GMV of NP Atobarai and atone in FY2020 of JPY 360 billion. The estimated size of BNPL market in Japan is provided from Yano Research Institute “Online Payment/Settlement Service Providers 2021”
※4）The number of individual unique users of NP Atobarai based on the matching of duplicative names and phone numbers during FY3/2021 (April 1, 2020 to March 31, 2021).
Direct any inquiries regarding this release to:
Net Protections PR
Email: pr@netprotections.co.jp
