Announced details
Fraud prevention for credit card transactions, online payments and e-commerce
Reduced the chargeback amount to approximately one-tenth of the level under the legacy system. The 3D Secure usage rate declined, while credit card GMV increased. Manual review and rule maintenance were automated.
Forter has been adopted by nearly 1 million businesses. GMO-PG’s comprehensive online payment service has been adopted by more than 150,000 merchants. Forter’s user network covers 2 billion people worldwide.
Forter, GMO-PG and Mercari,Inc. jointly conducted validation from the initial stage. GMO-PG is a PSP that provides payment infrastructure to Mercari,Inc. and is a Forter partner.
Forter, Inc.: Based in New York, United States, and provides a trust platform for digital commerce. GMO Payment Gateway, Inc.: Based in Shibuya-ku, Tokyo, and provides comprehensive payment-related and financial services, with paid-in capital of ¥13.323 billion. Mercari,Inc.: Based in Minato-ku, Tokyo, and operates the Mercari marketplace app in Japan and the US.
The disclosure describes effects that could increase credit card GMV and sales, but the impact on earnings from this matter is Not disclosed.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Forter’s AI decisioning platform, GMO-PG’s PG Multi-Payment Service |
| Counterparty | Mercari,Inc., Forter, Inc., GMO Payment Gateway, Inc. (Tokyo Stock Exchange Prime Market, security code: 3769) |
| Counterparty overview | Forter, Inc.: Based in New York, United States, and provides a trust platform for digital commerce. GMO Payment Gateway, Inc.: Based in Shibuya-ku, Tokyo, and provides comprehensive payment-related and financial services, with paid-in capital of ¥13.323 billion. Mercari,Inc.: Based in Minato-ku, Tokyo, and operates the Mercari marketplace app in Japan and the US. |
| Relationship with the Company | Forter, GMO-PG and Mercari,Inc. jointly conducted validation from the initial stage. GMO-PG is a PSP that provides payment infrastructure to Mercari,Inc. and is a Forter partner. |
| Launch date | Fully deployed (specific date: Not disclosed) |
| Applicable area | Fraud prevention for credit card transactions, online payments and e-commerce |
| Quantitative Effects | Reduced the chargeback amount to approximately one-tenth of the level under the legacy system. The 3D Secure usage rate declined, while credit card GMV increased. Manual review and rule maintenance were automated. |
| Usage history | Forter has been adopted by nearly 1 million businesses. GMO-PG’s comprehensive online payment service has been adopted by more than 150,000 merchants. Forter’s user network covers 2 billion people worldwide. |
| Impact on Business Performance | The disclosure describes effects that could increase credit card GMV and sales, but the impact on earnings from this matter is Not disclosed. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To address increasingly sophisticated fraud methods, the decline in the payment experience caused by 3D Secure, and rising personnel costs associated with chargebacks and fraud prevention, while achieving both security and a smooth payment experience for legitimate customers.