April 4, 2024
Digital Garage, Inc.

NEWS RELEASE

Digital Garage Launches “DGFT Invoice Card Payment forFORSEE,” for Retail Business Operators and Manufacturers~ Expand Invoice Payments for Apparel Business ~-Digital Garage, Inc. (DG) launches “DGFT Invoice Card Payment for FORSEE,” a B2B payment service
that helps apparel businesses manage their cash flows.

-It is available to retail business operators and manufacturers using FORSEE EXHIBITION, an online
exhibition system for apparel brands offered by BUYNOW, Inc. (BUYNOW).

“DGFT Invoice Card Payment for FORSEE” is a B2B payment service based on “DGFT Invoice Card Payment *1,” aservice launched by DG in 2022. DG is striving to further grow its payment services for the B2B market, which plays
an important role in the “DG FinTech Shift” Group Strategy.
▽ “DGFT Invoice Card Payment for FORSEE” website (only in Japanese)
https://forsee.jp/dginvoice
Please refer to the reference below.

■Background to developing this service
Companies in the apparel industry experience cash-flow issues caused by seasonal changes and trends, includinginconsistent periods of time between product procurement and sales. Companies must quickly acquire funds to takeadvantage of opportunities to increase sales while adjusting their inventories and predicting future trends, which is said
to be the key to smooth management.
“DGFT Invoice Card Payment for FORSEE” supports apparel businesses that want to improve their cash management
and achieve quick stock turnover. DG aims to help companies provide better convenience to service users andoptimize business tasks, and to invigorate the overall apparel industry.
■(*1) About “DGFT Invoice Card Payment”
This B2B service extends payment due dates by switching invoice payments from bank transfers to credit card payments.
It postpones the due date by up to 60 days when payment by bank transfer invoice is switched to payment by
JCB/Visa/Mastercard®/Diners Club cards (excluding prepaid cards issued under the JCB brand). It is available even if
the payee does not support card payments and helps small- and medium-sized businesses manage their cash flows,
including regular and unexpected funding shortages due to various factors.
Going forward, DG will offer high-quality B2B Fintech solutions with strict screening standards to a wider range ofindustries, with the aim of solving social issues through DX and establishing a convenient, safe, and secure cashlesssociety.

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

April 4, 2024
Digital Garage, Inc.

NEWS RELEASE■About FORSEE EXHIBITION, an online exhibition system
BUYNOW launched this online exhibition system for apparel brands in 2019. It helps brands implement DX andsignificantly improve exhibition efficiency, including online order confirmation, markup customization, and automaticline sheet production. FORSEE EXHIBITION has been used by approximately 200 brands and more than 10,000buyers.
■Company profiles
Digital Garage, Inc. https://www.garage.co.jp/en/Digital Garageʼs corporate purpose is “Designing ʻNew Contextʼ for a sustainable society with technology.” Digital
Garage operates a payment business that provides one of the largest comprehensive payment platforms in Japan. In
addition, DG has a marketing business that provides one-stop solutions in the digital and real world, and a startup
investment and development business that reaches out to promising startups and technologies in Japan and overseas.
BUYNOW, Inc. https://forsee.jp/
BUYNOWʼs businesses include an online exhibition system, apparel production services, and web development to help
apparel brands grow through technology. It meets the needs of apparel brands via its integrated support structure frombrand launch to e-commerce website product management. BUYNOW utilizes IT to provide overall support for apparelbrands expanding their businesses and optimizing their work tasks.
*Related Release:“Digital Garage Launches “DGFT Invoice Card Payment for OTSUKA CORPORATION,” for the Construction Industry with OTSUKA CORPORATION”(December 19, 2023)“Digital Garage Launches “DGFT Invoice Card Payment for Invoice Issuers,” Using a Fast-Growing Early Payment Collection Scheme for SMBs” (May 25,2023)“Digital Garage and Kakaku.com Decide to Jointly Develop a Fintech Services for the Food Service Industry” (March 30, 2023)“Digital Garageʼs B2B Payment Service Begins Accepting Visa and Mastercard®, Following JCB” (December 12, 2022)“Digital Garage and JCB Launches B2B Payment Service” (November 10, 2022)

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp

April 4, 2024
Digital Garage, Inc.

NEWS RELEASE＜Reference＞
Strategy and Role of DGFT Invoice Card Payment for the B2B Payment MarketTo drive DX for a wide range of businesses in the context of drastic changes in society and industrial structure,
we have a DG groupʼs strategy, “DG FinTech Shift,” which integrates payments, data, and technology. With
this strategy, DG is aiming for higher growth by implementing measures that contribute to expanding ourmarket share, developing new services, improving, and strengthening our profit structure, and building multilayered revenue streams.
“DGFT Invoice Card Payment” B2B payment service was launched in 2022 as a strategically important
initiative to enter the larger B2B payment market, in addition to the B2C payment business where the DG
Group has been providing services for the past 25 years.
A survey*1 showed that approximately 90% of B2B transactions are paid via bank transfers in Japan, with
only 6.2% paid by credit card. Invoicing takes a great deal of time, and bank transfer payments posechallenges for billers, including credit screening, bad debts, and payment delays. There are many issues forpayers as well, such as cash management and cash flows. The B2B payment market is estimated to be worth
approximately 1,400 trillion yen*2. Fintech services are required in this sector to seamlessly provide cashless
payments, DX, and cash management services that help resolve these issues.
The DG Group provides stable system infrastructure for B2B credit card transactions through “DGFT Invoice
Card Payment.” DG aims to provide new payment infrastructure services that will help solve a wide range ofB2B issues, such as building an original credit model, expanding its factoring and other services, andseamlessly linking SaaS services for business optimization and payment. To this end, DG will effectively utilize
its technologies and partnerships with banks, credit card companies, trading companies, business application
providers, and SaaS companies.
Starting with “DGFT Invoice Card Payment business,” the DG Group strives to support DX in the B2B domain
by developing financial services and businesses in the DX and Fintech sectors that use credit card andtransaction data to improve cash management and business efficiency.
*1 Reference: Business-to-Business Settlement White Paper (2022)*2 Reference: Survey of corporations (2022)

Contact: Corporate Communication Dept., Digital Garage, Inc.

Email: dg4819.pr@garage.co.jp