TMN Begins Providing Electronic Money Service for Square's New Product 'Square Register (2nd Generation)' as Japan's Sole Electronic Money Provider Partner

Transaction Media Networks Inc. (Headquarters: Chuo-ku, Tokyo; Representative Director: Atsushi Otaka; hereinafter referred to as TMN), a provider of electronic payment services, has supported the product development for the Japanese market of the new product 'Square Register (2nd Generation)' released by Square, Inc. (Location: Minato-ku, Tokyo; Headquarters: Block, Inc., USA; Block Head: Jack Dorsey; hereinafter referred to as Square), and commenced providing its electronic money payment service on March 31, 2026.

Through TMN's gateway, compatibility with 11 electronic money brands, including transportation IC cards, has been realized.

In Japan's cashless payment market, electronic money, particularly transportation and retail-focused types, continues to hold a high usage ratio alongside credit cards. The globally expanding Square platform does not natively support electronic money, a payment method unique to Japan, making collaboration with domestic partners essential for product deployment in Japan.

TMN, recognized for its operational track record and expertise cultivated over many years in the electronic money gateway business, has been continuously providing development support and payment services for electronic money compatibility as Square's domestic market partner since 2020. TMN is the sole domestic partner for Square's electronic money provision, having enabled electronic money compatibility for six Square product models to date.

The newly released all-in-one countertop POS terminal, 'Square Register (2nd Generation),' is the next-generation model of the 'Square Register,' which has seen numerous installations in small stores, salons, and restaurants. With updates to durability and memory capacity, further improvements in the customer purchasing experience are anticipated.

【Services Provided】

Electronic Money

・Transportation IC Cards (Suica, PASMO, Kitaca, TOICA, manaca, ICOCA, SUGOCA, nimoca, Hayakaken)

・iD

・QUICPay

Future Outlook

Square provides the necessary tools for commerce, enabling anyone to easily start selling and accepting payments, thereby reducing the time and effort for businesses to adopt electronic payments. Through its service provision to Square, TMN contributes to the operational efficiency of businesses, including retailers, and further promotes the expansion of cashless payments in Japan.

Moving forward, TMN will leverage its accumulated expertise to promote collaboration with various payment service providers from a neutral standpoint, aiming to expand its services and continue contributing to the improvement of consumer convenience through the proliferation of cashless payments.

About Transaction Media Networks Inc.

Transaction Media Networks Inc. is a company that supports distribution by utilizing data based on payment infrastructure. Since commercializing cloud-based electronic payments in Japan for the first time, it has developed a gateway business centered on electronic money, enabling unified connection of various payment methods such as credit cards and QR/barcode payments. Currently, it is introduced in a wide range of business formats, including supermarkets and drugstores, with over 1.1 million terminals connected, building a foundation that supports approximately 4.9 trillion yen in annual payments.

Leveraging this payment network, the company promotes its 'Information Processing Business,' which collects, integrates, and analyzes purchasing data through cloud POS and house prepaid systems. This supports the optimization of sales promotions and revenue improvement for distribution and retail businesses.

* "Suica" is a registered trademark of East Japan Railway Company.

* "PASMO" is a registered trademark of PASMO Co., Ltd.

* "Kitaca" is a registered trademark of Hokkaido Railway Company.

* "TOICA" is a registered trademark of Central Japan Railway Company.

* "manaca/ManaCa" is a registered trademark of Nagoya Transportation Development Organization Co., Ltd. and MIC Co., Ltd.

* "ICOCA" is a registered trademark of West Japan Railway Company.

* "SUGOCA" is a registered trademark of JR Kyushu.

* "nimoca" is a registered trademark of Nishi-Nippon Railroad Co., Ltd.

* "Hayakaken" is a registered trademark of Fukuoka City Subway.

* "iD" is a trademark or registered trademark of NTT DOCOMO, INC.

* "QUICPay" and "QUICPay+" are registered trademarks of JCB Co., Ltd.

* "QR Code" is a registered trademark of DENSO WAVE INCORPORATED.