Digital Garage Co., Ltd.
Digital Garage launches B2B payment service “DGFT Bill Card Payment for Otsuka Shokai” for the construction industry with Otsuka Shokai Paying bills by card helps construction-related businesses improve their cash flow and operational efficiency.
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Digital Garage Co., Ltd. (TSE Prime 4819, Headquarters: Shibuya-ku, Tokyo, Representative Director, President and Executive Officer Group CEO: Iku Hayashi, hereinafter referred to as DG) is a subsidiary of Otsuka Shokai Co., Ltd. (TSE Prime 4768, Headquarters: Chiyoda-ku, Tokyo, We are pleased to announce that we have started offering the B2B payment service “DGFT Bill Card Payment for Otsuka Shokai”, a B2B payment service in collaboration with Yuji Otsuka, Representative Director and President (hereinafter referred to as Otsuka Shokai). [Image
This service is a B2B payment service that allows you to postpone the actual payment due date by switching from bank transfer invoices to credit card payments. It is mainly used to resolve cash flow issues associated with seasonality of demand, and to streamline accounts payable management by consolidating payments to credit cards. The construction industry has traditionally faced financing issues due to business practices such as a multi-layered subcontracting structure and bills, and recently there has been increasing pressure on profits due to soaring material prices due to factors such as the weaker yen. In addition, with labor shortages becoming the norm, there is a need for even greater management efficiency.
Otsuka Shokai provides one-stop services to customers in the construction industry, including design work support, DX platforms, and data utilization solutions, centered on the core business system SMILE. In this initiative, we will provide this service to
construction-related businesses that are Otsuka Shokai’s trading customers.
DG and Otsuka Shokai aim to support the resolution of various issues faced by construction-related businesses and contribute to the development of the construction industry as a whole by providing “DGFT bill card payment for Otsuka Shokai.”
■About “DGFT Bill Card Payment for Otsuka Shokai”
https://lp.dginvoice.jp/otsuka-shokai/
By switching bank transfer payments to JCB/Visa/Mastercard(R)/Diners Club cards (excluding prepaid cards issued under the JCB brand), the actual payment due date can be postponed by up to 60 days. This is a service that does. You can use this service even if your business partner does not support card payments. We support small and medium-sized businesses with their cash flow, including regular funding shortages due to seasonal factors and sudden funding. ■About DG’s B2B payment business strategy
As Japan’s society and industrial structure undergo major changes, the DG Group has adopted a group strategy called “DG Fintech Shift,” which integrates payments and data. In addition to the payment agency business we have traditionally provided, mainly in the B2C field, we will help small and medium-sized businesses in the B2B field to improve their cash flow, operational efficiency, attract customers, and increase sales. We will lead Japan’s DX through the development of services in the DX/Fintech business field.
Related release: “Digital Garage and Zentabi begin providing B2B payment service ‘DGFT Bill Card Payment’ for the tourism industry – Postponing bill payment due dates with card payments and supporting cash flow for accommodation and tourist facilities – (
https://www.garage.co.jp/ja/pr/release/2023/12/20231207/)” (December 7, 2023)
Related release: “Digital Garage launches “Card Payment Request” for Orico business customers to enable early collection of accounts receivable
~Achieving improved cash flow for claimants by receiving funds as early as 3 business days after a business partner makes a card payment~ (https://www.garage.co.jp/ja/pr/release/2023/11/20231130/) (November 30, 2023)
Related release: “Digital Garage launches SG System under SG Holdings, with Sagawa Express at its core, and B2B payment service “Bill Card Payment” – Supporting cash flow and operational efficiency in the logistics industry, making payment by card on the due date
(https://www.garage.co.jp/ja/pr/release/2023/11/20231120/)” (November 20, 2023)
Related release: “Digital Garage launches payment service for B2B with JCB – Supporting small and medium-sized businesses’ cash flow and operational efficiency with ‘DGFT bill card payment’ –
(https://www.garage.co.jp/ ja/pr/release/2022/11/20221110/)” (November 10, 2022)