The B2B payment service 'Paid,' provided by Raccoon Financial Co., Ltd. (HQ: Chuo-ku, Tokyo; President: Yuji Akiyama; hereinafter 'Raccoon Financial'), has surpassed 600,000 member companies and will celebrate its 15th anniversary in October 2026.
Overview 'Paid' is a service that handles all billing operations for B2B transactions, including credit management, invoice issuance, and payment collection. Since its launch in 2009 as Japan's first B2B-specialized payment service, 'SD Payment,' it has continued to expand to realize a world where 'business does not stop due to payment issues.'
Against the backdrop of recent labor shortages and the promotion of digitalization, 'Paid' has been adopted across a wide range of industries, from B2B e-commerce sites in apparel, furniture, and printing, to SaaS/subscription services and physical retail stores. With the increase in member companies, the usage occasions for 'Paid' have broadened, leading to the milestone of 600,000 member companies.
Special 15th-Anniversary Site Launched To commemorate the 15th anniversary, a special website has been launched. The site reviews the 15-year history through data, including the time saved daily in billing tasks per company, the total number of invoices issued, customer testimonials, and future outlooks.
▼ 15th-Anniversary Special Site https://paid.jp/v/contents/pre/anniversary/
'Paid' 15-Year History in Numbers While 'Paid' was initially introduced primarily for e-commerce and retail stores, it is now used across all types of businesses in Japan, with the number of client companies exceeding 5,500. Additionally, the cumulative payment volume over 15 years has exceeded 470 billion yen, with a retention rate of 99.4% (FY2024 results).
Moving forward, 'Paid' will continue to solve B2B payment challenges and support all businesses in realizing a world where 'business does not stop due to payment issues.'
Paid https://paid.jp
In B2B transactions, there is a high demand for deferred payments (billing/invoice payments/BNPL), which are essential for sales growth. However, operating deferred payments in-house involves challenges such as billing effort, costs, and the risk of non-payment.
By introducing 'Paid,' client companies are freed from billing tasks and the risk of non-payment, while their trading partners benefit from stabilized cash flow. 'Paid' creates an environment where companies can focus solely on their core transactions without the burden of settlement.
'Paid' began as Japan's first B2B-specialized payment service, 'SD Payment,' in 2009 and was rebranded as 'Paid' in 2011. It has been highly evaluated for 'reducing time and effort on billing, allowing focus on core operations' and 'enabling proactive transactions with new customers without the risk of non-payment,' and is currently used by over 5,500 companies as the leading B2B payment service by cumulative contract share.
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- Source: PR TIMES
- Category: News
- Products / services: Paid