November 30, 2023
Digital Garage, Inc.

NEWS RELEASE

Digital Garage Launches “Card Payment Request,” Enabling Early
Collection of Sales Proceeds for Orico’s Business Customers~ Improves Cash Flow for Invoice Issuers by Receiving Payment as soon as
3 Business Days after the Transaction is Settled ~-DG and Orico launch the “Card Payment Request,” an early payment collection scheme, as a new optionin Orico Business payment for SME (OBS)*1, a service for small and medium-sized enterprises (SMEs)
such as Orico’s business cardholders, merchants, and partners of group companies.

“Card Payment Request” is a new service for invoice issuers, utilizing the “Invoice Card Payment” scheme for payers
launched by Digital Garage, Inc. (TSE Prime section: 4819; HQ: Tokyo; Representative Director, President Executive
Officer and Group CEO: Kaoru Hayashi; DG) and Orient Corporation (TSE Prime section: 8585; HQ: Tokyo; President
and Representative Director: Tetsuo Iimori; Orico) in April 2023. When sending an invoice to a business partner via
this service, the invoice issuer can request that the payment be made by credit card*2.
This scheme provides additional time between the payment date and when money is withdrawn from the bankaccount. By accepting the request, the payer can avoid the disadvantages of early payment. As a result, the invoice
issuer can collect accounts receivable faster than the original payment deadline.
Multiple fundraising services that use accounts receivable as collateral are available, but the issues with utilizing theminclude complex procedures, expensive handling fees, and unclear service providers. With “Card Payment Request,”
the only document needed is the invoice (before it is sent to the business partner)—no prior screening of otherdocuments is required. It is a secure service using a card payment scheme with a reasonable handling fee of just 3%.
In addition to traditional bank transfers, “Card Payment Request” allows payers to use credit card payments with alow handling fee easily. It enables invoice issues to collect accounts receivable early, which helps them manage theircash flow.
■Outline of the service https://www.orico.co.jp/merchant/ms/obs-230417/
・The invoice issuer can receive their funds more quickly by requesting that the payer uses credit card payment
through this service. Other options include discounts for early payment.
・By switching from bank transfers to credit card payments, the payer can extend the payment according to thedeadline set by the invoice issuer, which helps improve operational efficiency.
■Future developments
The DG Group has set forth its “DG FinTech Shift” Group strategy, which integrates payment and data, amidst majorchanges to Japan’s social and industrial structure. DG and Orico will continue to expand the functions of “Invoice CardPayment” and “Card Payment Request” and integrate them with external services. They will also offer support services
for merchants (such as digital marketing) and smooth, convenient customer experiences to continue helping SMEs
improve their financing and operational efficiency, attract more customers, and increase sales. By providing DX andFintech services, DG will serve as a leader in Japanese DX.

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

Email: dg4819.pr@garage.co.jp TEL: 03-6367-1020

November 30, 2023
Digital Garage, Inc.

NEWS RELEASE*1: Related release: Digital Garage Launches “Invoice Card Payment” for Customers of Orico (April 24, 2023)*2: This service is available for Visa and Mastercard® brand credit, debit, and prepaid cards issued in Japan.

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

Email: dg4819.pr@garage.co.jp TEL: 03-6367-1020