GMO ペイメントゲートウェイ
On this page
Wiki route
This entry sits under payment-firms INDEX. Read it against FamiMa Digital One (FamiMa Digital One) for peer / contrast context and Three-Layer Structure of Japan's Stablecoin Regulatory Regime (JPYC, USDC, Project Pax) for the broader system / regulatory boundary.
TL;DR
One of the largest domestic payment service providers (PSP). It provides EC merchants a one-stop offering of card payment such as Visa/Master/JCB/Amex + convenience-store payment + bank transfer + electronic money. Established as “Card Commerce Co., Ltd.” in 1995-03-25, renamed in 2000 , listed on the TSE Mothers in 2005 , and listed on the TSE First Section in 2008 (now PRIME 3769). A consolidated subsidiary of the GMO Internet Group. Its strategic alliance with Sumitomo Mitsui Card (smfg affiliated) and its Asia expansion (Vietnam’s NextPay / Taiwan’s ECPay, etc.) are the pillars of its mid-term plan.
1. Company overview
Official name: GMO ペイメントゲートウェイ株式会社 English name: GMO Payment Gateway, Inc. Securities code: TSE PRIME 3769 Establishment: 1995-03-25 (former Card Commerce Co., Ltd.) Head office: Shibuya-ku, Tokyo Parent company: gmo-internet-group (consolidated subsidiary) Business type: payment service provider (PSP)
2. Business segment map
| Segment | Main service | Characteristics |
|---|---|---|
| EC payment processing | credit card (Visa/Master/JCB/Amex) + convenience-store payment + bank transfer + electronic money | active stores 171,257 店 (as of 2026-03 ; 829,062 店 when including fincode byGMO, etc.) |
| BtoB payment | inter-corporate invoice payment / deferred payment | credit / collection handled in one |
| Simple-payment SDK | Pay.JP | for developers; heavily adopted by startups |
| Overseas payment | global payment gateway | competes with Stripe / Adyen |
| Asia expansion | NextPay (Vietnam) / ECPay (Taiwan) / Thailand | investment / JV-based |
| Adjacent businesses | financial services / remittance / transaction lending | lending using merchant data |
3. Corporate history
| Year/Month | Event |
|---|---|
| 1995-03-25 | Card Commerce Co., Ltd. established |
| 2000 | renamed GMO Payment Gateway |
| 2005 | listed on TSE Mothers |
| 2008 | listed on TSE First Section |
| 2015 | established the joint venture SMBC GMO PAYMENT with Sumitomo Mitsui Banking Corporation (reached a basic agreement on a next-generation payment platform with Sumitomo Mitsui Card in 2019 ) |
| 2015〜 | Asia expansion (investment in Taiwan’s Neweb Technologies / Z.com Payment, etc.) |
Domestic strategy
- EC merchant base: a merchant network of active stores 171,257 店 (as of 2026-03 ; 829,062 店 when including fincode byGMO, etc.) is the moat
- Sumitomo Mitsui Card strategic alliance: deepening relations with the smfg-affiliated card company; SMBC GMO PAYMENT (a JV with SMBC, established 2015 ; reorganized in 2021 to Sumitomo Mitsui Card 50% / GMO-PG 40% / Sumitomo Mitsui Banking Corporation 10%) is also developed
- Pay.JP: a developer-facing simple-payment SDK to rival Stripe
Overseas strategy
- Asia concentration: investment / JV in Vietnam’s NextPay / Taiwan’s ECPay / Thailand, etc.
Competitive map
| Competitor | Strength | Positioning |
|---|---|---|
| SB Payment Service | paypay-fg / SoftBank group / PayPay coordination | one of the largest domestically, QR-payment affinity |
| DG Financial Technology (former VeriTrans) | Digital Garage affiliated / veteran PSP | EC long-established merchants |
| SMBC GMO PAYMENT | SMBC × GMO-PG JV | bank-affiliated channel |
| Stripe / Adyen | global developer-first | cross-border EC |
| Square (Block) | POS + online integration | SMB physical-goods sales |
5. Regulation / policy
- Supervising authority: FSA / Ministry of Economy, Trade and Industry (Installment Sales Act / Payment Services Act)
- Business type: payment-processing business (not a registration system, but merchant contracts / PCI DSS compliance are a de facto barrier to entry)
- Regulatory points:
6. Counterpoints
Subjective counterpoints (parent-company dependence vs independence / customer-cannibalization argument with SMBC GMO PAYMENT) are isolated in
.opinions/JapanFG/gmo-payment-gateway.md(2026-05-29).
7. Open questions
- What is the precise breakdown (active vs dormant) of the over-30 万-store merchant count?
- What are the details of the numerical targets (revenue / operating profit / overseas ratio) of the 2024 mid-term plan?
- What is GMO-PG’s positioning under the stablecoin regime (response to Progmat, etc.)?
- What is the scenario for full-scale competition with Stripe / Adyen?
- What is the cross-shareholding / dividend policy with the parent GMO Internet Group?
8. Related
- smfg (Sumitomo Mitsui Card alliance / SMBC GMO PAYMENT JV parent)
- paypay-fg (SB Payment Service competitor)
- jcb (card international brands)
- mufg (card industry via Mitsubishi UFJ NICOS)
- money-forward · freee (accounting-SaaS coordination)
- paidy (deferred-payment competitor / complement)
- mercari-hd (EC customer base)
Sources
- Wikipedia: GMO Payment Gateway (https://ja.wikipedia.org/wiki/GMOペイメントゲートウェイ, extracted 2026-05-19)
- GMO Payment Gateway official IR (corp.gmo-pg.com, refer 2026-05-19)
- GMO Internet Group securities report (consolidated-subsidiary information)
- GMO Payment Gateway IR FAQ — active stores 171,257 店 (as of 2026-03 , including fincode byGMO 829,062 店) — https://www.gmo-pg.com/en/ir/faq/
- GMO-PG × Sumitomo Mitsui Card next-generation payment platform basic agreement (2019) — https://www.gmo-pg.com/en/news/press/gmo-paymentgateway/2019/0212.html
- GMO-PG Taiwan Neweb Technologies business and capital alliance (2015) — https://www.gmo-pg.com/corp/newsroom/press/gmo-paymentgateway/2015/0819.html
[!info] Verification status confidence: likely (based on public information / created 2026-05-19; on 2026-05-29 the active-store count / SMBC JV / Taiwan investment were confirmed via the official IR). The active stores 171,257 店 are the official figures as of 2026-03 (subject to point-in-time variation; for the latest, refer to GMO-PG IR quarterly materials). The establishment year / listing history / parent-company relationship / SMBC GMO PAYMENT JV are confirmed by public information.