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Other Disclosures438AInfcurion,Inc.Information and Communications, Services and Others

Provides next-generation card-issuing platform “Xard” to “Meal Allowance HQ”

Infcurion’s card-issuing platform “Xard” was adopted for HQ’s “Meal Allowance HQ” service, enabling the issuance of HQ-branded Visa cards and API integration of payment data.

Worth reading
66In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
—
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Wording
Conditional
How definitive the wording is.

Announced details

Meal Allowance HQXard (card-issuing platform)HQ Card
Applicable field (uses covered by this announcement)
Meal allowance programsEmployee BenefitsHealth SupportEducational supportBusiness expense areas with complex controls over permitted uses and usage conditions
Launch dateStated that card services began at an early stage (specific date: Not disclosed)
Relationship between the counterparty and the company
Infcurion,Inc.438A
Relationship with the Company

Infcurion provides “Xard” as the payment platform for “Meal Allowance HQ,” operated by HQ. Payment data is integrated via API with HQ’s app and management system.

Counterparty株式会社HQ

Head office: Chiyoda-ku, Tokyo; Representative Director: Sakamoto Shoji (坂本祥二); established 18 March 2021. Operates a benefits and employee experience (EX) platform.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

National Tax Agency and tax advisers, among others, listed as sources for confirming eligibility for tax-exempt treatment of meal allowances

Announced details
ItemDetails
Names of Products / Services CoveredMeal Allowance HQ, Xard (card-issuing platform), HQ Card
Counterparty株式会社HQ
Counterparty overviewHead office: Chiyoda-ku, Tokyo; Representative Director: Sakamoto Shoji (坂本祥二); established 18 March 2021. Operates a benefits and employee experience (EX) platform.
Relationship with the CompanyInfcurion provides “Xard” as the payment platform for “Meal Allowance HQ,” operated by HQ. Payment data is integrated via API with HQ’s app and management system.
Launch dateStated that card services began at an early stage (specific date: Not disclosed)
Applicable areaMeal allowance programs, Employee Benefits, Health Support, Educational support, Business expense areas with complex controls over permitted uses and usage conditions
SourceNational Tax Agency and tax advisers, among others, listed as sources for confirming eligibility for tax-exempt treatment of meal allowances
Items this document does not state (11)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historyImpact on Business Performance

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 reduce the upfront cost and time required for card issuance and system development by using a cloud-based card-issuing platform and API integration, and to lessen the operational burden on companies administering meal allowance programs.

How to read this page

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Provides next-generation card-issuing platform “Xard” to “Meal Allowance HQ” | Infcurion,Inc. (438A) timely disclosure | Komori