News Release

January 15, 2020

Time Design Co., Ltd. has Launched“HotelPay” Credit Card Payment Service for Hotel Websites
Linkage with hotel reservation systems facilitates easy credit card payments

Time Design Co., Ltd. announces that we have launched a new service called HotelPay, which enables
customers to make credit card payments when making direct reservations on hotel websites(https://www.hotelpay.jp). The new service is being provided in collaboration with accommodation
reservation service providers Dynatech Inc., and CADISH Inc., as well online payment service provider
Econtext, Inc. Collaboration with accommodation reservation service provider Wing Co., Ltd. is alsoscheduled to begin in February 2020.
HotelPay can help hotels to solve longstanding issues such as inability to retrieve payments in the event ofcustomer no-shows and reduced conversion rates due to redirection of customers to external payment sites
when making reservations.
<Overview of the HotelPay service>(*1) “Travel arrangement” refers to the arrangement of travel (including accommodation, transportation, and othertravel-related services) by a travel agent (as an agent, broker or intermediary for relevant contracts) upon the requestof a traveler. With HotelPay, Time Design Co., Ltd. arranges (as a travel agent) reservations and sales ofaccommodation in response to requests from travelers.

< Advantages of Utilizing HotelPay >1. Countermeasure for no-shows- Facilitating advance payment of accommodation fees helps to prevent no-shows (cancellationsof reservations without prior notice) and lowers the risk of hotels being unable to retrieve

News Release

payments following no-shows.
2. Simplified accounting- Up to four payment cycles per month*2. There is no need to process advance payments aspayment settlements are based on accommodation dates, making it easy for accounting staff tocross check.
- No mailing is required as receipts are issued online.
3. Facilitates formulation of new accommodation plans- New plans can be designed that make it possible to lock in sales early on, in return for offering
discounts on “early bird discount plans", "non-changeable/non-cancelable plans", and so on.
4. Easy to adopt- Can be linked with existing accommodation reservation systems without the need to change
existing reservation flows.
- Charges per reservation are low, involving only the reservation fee (from 1.98%*3 of thereservation payment amount) and a ¥15 reservation transaction fee.
-Can be utilized approximately 7 days after making an application to use the service.

(*2) An additional commission of 0.3% is charged when there are four payment cycles per month.
(*3) Percentage varies based on plan contract type.

< Collaborating Companies >■ Dynatech Inc. (https://www.dyn.co.jp/)
Representative: Katsuya Saito, Representative Director and President
Address: 33F St. Luke’s Tower, 8-1 Akashicho, Chuou-ku, Tokyo■ CADISH Inc. (https://www.cadish.co.jp/)
Representative: Jun Sengaito, Representative Director and President
Address:1169-7 Akahokimachi, Takayama-shi, Gifu
■ Wing Co., Ltd. (http://www.win-g.com/)
Representative: Norihiro Tsukagoshi, DirectorAddress: 530-2 Nakamura, Shibukawa-shi, Gumma■ Econtext, Inc. (https://www.econtext.jp/)
Representative: Keizo Odori, Representative Director and President
Address: Digital Gate Building, 3-5-7 Ebisu-Minami, Shibuya-ku, Tokyo<About Time Design Co., Ltd.>Time Design is a travel-focused technology company that provides a “Dynamic Package Platform”
combining airline tickets and accommodation plans. Since 2006, Time Design has been providing solutions

News Releasetailored to the needs of hotels, airlines, and media outlets, covering systems, operations, travel components,and coordination between business partners. Time Design has been a group company of Kakaku.com, Inc.
(TSE code: 2371) since 2014.
•Representative: Yuzo Takamatsu, Founder and CEO•

Address: Ebisu First Square 8F, 1-18-14 Ebisu, Shibuya-ku, Tokyo•

Established: May 2, 2006•

Our Business: Travel x Technology Company (Dynamic Package Solution)•

Registration Number: Japan Tourism Agency #1977•

Capital Stock: 306,588,985 JPY (Capital Reserve 286,588,985 JPY)

•URL：https://www.timedesign.co.jp/•

For inquiries to HotelPay, please contact our HotelPay team: hotelpay@timedesign.co.jp•

For inquiries to Time Design, please contact our PR team: corporate@timedesign.co.jp