Net Protections' Buy Now, Pay Later Service 'NP Atobarai' Begins Integration with 'Paygent Payment Agency Service'

Net Protections, Inc. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Shin Shibata; hereinafter "the Company") is pleased to announce that its buy now, pay later (BNPL) service, "NP Atobarai," is now supported by the "Paygent Payment Agency Service" provided by Paygent Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President and CEO: Junichi Suzuki; hereinafter "Paygent"), one of Japan's leading payment service providers (PSP) with the fourth-largest market share in the industry.

Background and Purpose In today's e-commerce market, BNPL has become an essential payment method that meets consumer needs such as "wanting to check the product before paying" and "wanting to shop without using a credit card." Meanwhile, as payment methods diversify, e-commerce businesses are seeking payment platforms that offer more stable and efficient operations.

To increase sales, it is essential for e-commerce businesses (merchants) to flexibly meet the payment needs of their customers. Reducing the risk of "cart abandonment" (leaving the purchase screen) due to the lack of preferred payment methods and preventing the loss of purchasing opportunities is a critical challenge for many merchants. Through the integration of "NP Atobarai" with the "Paygent Payment Agency Service," merchants can prevent the loss of customers who do not have credit cards or who refrain from using them due to security concerns. This enables merchants to acquire new customers, increase sales, and provide a highly convenient purchasing experience for their customers.

About "NP Atobarai" "NP Atobarai" is a BNPL service for mail-order shoppers. Purchasers can pay for their items after the products have been delivered, without the need for membership registration or entering credit card information, making it immediately available for use. On the other hand, e-commerce businesses that implement NP Atobarai can prevent "cart abandonment," where purchasers leave just before a transaction is completed, leading to a reduction in lost sales. Regarding billing operations, the Company handles everything from credit screening and invoice issuance to payment collection, and guarantees against the risk of non-payment, allowing merchants to focus on their core business.

For more details, please visit: https://www.netprotections.com/

About "Paygent Payment Agency Service" Paygent Payment Agency Service is a payment service that allows for the collective implementation of a wide range of payment methods, including credit card payments. It supports payments for various consumer services, such as internet shopping, digital content, services, and membership fee collection, as well as payment processing for business-to-business transactions.

For more details, please visit: https://www.paygent.co.jp/

Company Overview: Net Protections, Inc. Trade Name: Net Protections, Inc. (Group of Net Protections Holdings, Inc. (Tokyo Stock Exchange Prime, Securities Code: 7383)) Representative: Shin Shibata, President and CEO URL: https://corp.netprotections.com/ Business Description: Various BNPL services Founded: January 2000 Capital: 100 million yen Address: Sumitomo Fudosan Kojimachi First Building 5F, 4-2-6 Kojimachi, Chiyoda-ku, Tokyo

Company Overview: Paygent Co., Ltd. Trade Name: Paygent Co., Ltd. Representative: Junichi Suzuki, President and CEO URL: https://www.paygent.co.jp/ Business Description: Provision of payment agency services for e-commerce businesses, collection agency services related to electronic commerce, and payment agency services. Founded: May 1, 2006 Address: Shibuya Prime Plaza, 19-1 Maruyama-cho, Shibuya-ku, Tokyo