デジタルガレージ has partnered with WIREBASE to launch a card payment service for the construction industry. The service allows invoice payments to be switched to credit card payments and extends payment deadlines by up to 60 days.
デジタルガレージ, a major payment processing company, has partnered with WIREBASE, which provides AI solutions for the construction industry, to expand payment options for construction businesses. The two companies said they intend to provide services to address cash-flow challenges.
デジタルガレージ announced after the close on 8 October that it had launched DGFT Invoice Card Payment for construction businesses that are WIREBASE customers. This enables payments for invoices that do not support card payments to be switched from bank transfers to credit card payments, effectively extending payment deadlines by up to 60 days.
In the construction industry, rising material and labour costs are squeezing earnings, while businesses are required to pay subcontractors on time, making cash-flow improvement a challenge. The two companies aim to address operational and financial challenges. The closing price on the 9th was ¥2,442, up ¥65 from the previous day.