Net Protections, Inc. (headquartered in Chiyoda-ku, Tokyo; CEO: Shin Shibata; “Net Protections”) is pleased to announce that its BtoB BNPL service, NP Kakebarai will be available on Shopify, one of the world’s largest multi-channel commerce platforms, starting on November 30th.
About NP Kakebarai on Shopify
NP Kakebarai is a BtoB Buy Now Pay Later (BNPL) service that guarantees risk-free transactions and streamlines the complicated billing/payment process between merchants and customers through credit screening, billing, collection, payment confirmation, and payment reminders.
NP Kakebarai will be available in the Shopify app store starting on November 30th, enabling Shopify merchants to introduce the service as their payment method.
<Click here for Shopify App Store>
https://apps.shopify.com/np-kakebarai
*In addition to the installation of the NP Kakebarai app, a contract with Net Protections is required to use the service. Please visit the NP Kakebarai website to sign up or find out more.
Click here for NP Kakebarai website: https://np-kakebarai.com/(Japanese only)
Background behind provision of NP Kakebarai on Shopify
In a recent survey conducted by Net Protections*1, a remarkable 89.5% of Japanese companies responded that they use invoice payments as the main payment method for BtoB transactions, demonstrating that invoice payments remain an important option for BtoB payments in Japan.
Shopify is a Canada-based commerce platform used in 175 countries around the world. But until now, the platform did not provide invoice payments, despite their important role in Japanese BtoB business practices. As such, there was a growing demand among Japanese merchants for a BtoB payment method tailored to local business customs.
It was against this backdrop that Shopify is introducing NP Kakebarai to its app store as its first Japanese BtoB payment function, with the aim of making commerce better for everyone and providing a superior shopping experience for consumers everywhere.
*1 Net Protections survey on payment operations: https://np-kakebarai.com/news/n1859/(Japanese only)
Comments from both companies
Shin Shibata, CEO of Net Protections, Inc.
I am very pleased that we were recently able to make NP Kakebarai available as the first Japanese BtoB payment app on Shopify. By working together to promote and expand the services we each provide, I believe that Net Protections and Shopify will continue to deliver highly convenient solutions to customers. Going forward, we will collaborate in a wide range of domains to provide our respective customers with services that address their needs.
Makoto Tahara, Country Head and Director of Shopify Japan Co., Ltd.
By introducing NP Kakebarai from Net Protections to our lineup of payment apps on Shopify, I believe we will be able to provide Japanese e-commerce operators and invoice payment users with an experience that is more closely aligned with local business practices. In particular, I am sure that providing an invoice payment option with no risks in regards to collection will make our service even more convenient for users.
About Shopify
Shopify was established in Ottawa, Canada. It is a world-class commerce platform that is continually updated while providing all kinds of essential services for commerce. With operations in 175 countries, Shopify updates its offerings on a daily basis to provide a more refined shopping experience for customers across various channels, including digital, retail, and social media, based on its mission to “make commerce better for everyone.”
Shopify provides an commerce solution to various business sizes, from sole proprietorships to small and medium-sized enterprises and major corporations. It is used by many different brands, including Blue Bottle Coffee Japan, Francfranc, JUN, KAMEDA SEIKA, NEW ERA, Soup Stock Tokyo, Tansu-no-Gen, WEGO, Orion Breweries, and KINTO in Japan and Allbirds and Staples overseas.
Click here for more details: https://www.shopify.com/jp
About NP Kakebarai
NP Kakebarai is a BtoB Buy Now Pay Later (BNPL) 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 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 99% approval rate *2, thus merchants can easily handle SMEs, even individual businesses while preventing risks. Therefore, it contributes to merchants’ sales increase and market expansion, also improvement of cash flow for clients for its flexible payment deadline. As of 2022, NP Kakebarai's annual transaction volume is JPY 97.9 billion, and 460,000 companies, or one out of every eight companies in Japan, use the service annually *3. 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)
*2 As of March 31, 2022
*3 Based on “Report of the 2019 Basic Survey on Small and Medium-sized Enterprises" which estimated the number of Japan enterprise to 3.85 million and the number of companies using NP Kakebarai
About Net Protections, Inc.
Net Protections, Inc. is a pioneer of Buy Now Pay Later (BNPL) services in Japan. 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. NP Atobarai is used by numerous enterprises with over 15 million users (※4) and has surpassed 340 million transactions as of March, 2022. In 2011, Net Protections released NP Kakebarai, a BNPL service for BtoB. NP Kakebarai has grown 130% yearly and played a role as the dominant BtoB payment service in Japan. In 2017, Net Protections launched atone, BtoC BNPL service that can be used at not only e-commerce, but also digital content and physical retailers. 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.
【商号】
株式会社ネットプロテクションズ
（株式会社ネットプロテクションズホールディングス(東証プライム、証券コード7383)グループ）
【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】
〒102-0083 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
※4）The number of individual unique users of NP Atobarai based on the matching of duplicative names and phone numbers between April 1, 2021 to March 31, 2022
Direct any inquiries regarding this release to:
Net Protections PR
Email: pr@netprotections.co.jp
