Number of cashless payment terminals connected to TMN Center exceeds 1 million *Transaction Media Networks Co., Ltd.*
Press release: September 19, 2024
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Number of cashless payment terminals connected to TMN Center exceeds 1 million *Developing new business using “surfaces”*
Transaction Media Networks Co., Ltd. (Headquarters: Chuo-ku, Tokyo, Representative Director: Otaka) provides payment services and information processing services.
Atsushi, Growth Market: 5258 (TMN) is pleased to announce that the number of payment terminals connected to TMN Center has exceeded 1 million units as of August 2024.
* [Increase market share in physical stores such as supermarkets and convenience stores] *
In 2011, TMN developed a multi-payment terminal that supports multiple payment brands with a single payment terminal, which is now
commonplace, and became the first company in Japan to commercialize a cloud-based electronic money service*1. Since then, we have supported a variety of payment methods, mainly electronic money, but also credit cards, QR codes, barcodes, etc., and have expanded our services mainly to face-to-face payments at physical stores such as supermarkets, convenience stores, and drug stores. It has grown into a payment platform.
In the domestic cashless market, the cashless payment ratio is expected to rise to 39.3% in 2023, and the government’s goal of “40% by 2025” is expected to be achieved ahead of schedule. At TMN, the amount of payment processing in fiscal 2023 will reach 4.6 trillion yen, and it is expanding at a growth rate that exceeds the market. In addition, with the lifting of the ban on digital payroll payments as a tailwind, and with the view that the cashless market will continue to expand, TMN’s payment platform, which has over 1 million units, will continue to play an even more important role as social infrastructure. I think it will continue to rise.
*1: A cashless payment method in which the terminal is equipped with only the minimum necessary functions such as reading, and all remaining processing is performed on the server side.
* [In the future, we will develop new business that takes advantage of the 1 million units of “surface”] *
TMN is promoting an information processing business as a new business that utilizes the 1 million units it has acquired through the provision of payment services. Based on the business concept of “society becomes stronger when everyday data is connected,” the information processing business aggregates more information from each contact point and encourages businesses to utilize diverse data in multiple ways. We aim to contribute to solving the various social issues faced by businesses and consumers by providing solutions that address the needs of businesses and consumers.
* [About Transaction Media Networks] *
We are promoting an information processing business that combines payments and marketing, and are developing new initiatives such as cloud POS, house prepaid, and ID integration. Regarding payments, since we became the first in Japan to commercialize cloud (thin client) type electronic payments in 2011, we have provided a one-stop service for all payment methods, including electronic money, credit, QR/barcode, and house prepaid. We are developing a gateway business that provides It is used in a wide range of businesses such as supermarkets and convenience stores, and 1 million payment terminals (as of August 2024) are connected to our gateway.
* -Company Profile-*
Representative: Representative Director Atsushi Otaka (Growth market: 5258) Head office location: 18th floor, Taiyo Life Nihonbashi Building, 2-11-2 Nihonbashi, Chuo-ku, Tokyo
Business content: Development and provision of electronic payment services Development and provision of information processing services Established: March 2008
Capital: 6,153,861,000 yen (as of the end of June 2024)
URL: https://www.tm-nets.com/
Corporate site
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