Digital Garage and Tokyu Card offer card-based B2B payment service

Norbert Gehrke
Tokyo FinTech
Published in
2 min readSep 8, 2023

Digital Garage’s group strategy, “DG FinTech Shift,” aims to integrate payments and data into the significant structural change taking place in Japan’s society and industry. The “DGFT Invoice Card Payment” was launched in November 2022, further expanding the payment business with various financial institutions and FinTech services.

Tokyu Card is expanding its services to support growth of its business cardholders and merchant partners, and as the only payment provider for the Tokyu Group, it is promoting initiatives as a bridge between the Tokyu Group companies and their customers.

With the offering of “DGFT Invoice Card Payment for TOKYU CARD,” DG and Tokyu Card will contribute to cash flow, operational efficiency, customer and sales attraction, and improvement for Tokyu Card business cardholders, mainly small and medium-sized businesses (SMBs) along the Tokyu Railway lines.

  • This B2B payment service allows users to move out the payment due date by replacing bank transfer invoices with payment by Tokyu Card. It is available even if the business partner (invoice issuer) does not support card payment.
  • Credit cards can extend the payment deadline by around 40 days (for invoices due at the end of the month). The system supports the financing needs of SMBs, corporations, and individuals, including the sudden need for additional funds.
  • Registration is free and available at an industry-standard commission rate of 3.00%.
  • The application is available on the Customer Service page (registering business partners, invoices, and so on). After applying, you can also check your status, past usage, and transfer status.
  • This service is available to members holding cards issued by TOKYU CARD.

This article is part of our Tokyo FinTech Publication, please follow us to read more from our writers, like hundreds of readers do every day. Please also register for our short weekly digest, the “Japan FinTech Observer”, on Medium or on LinkedIn.

Should you live in Tokyo, or just pass through, please also join our Tokyo FinTech Meetup. In any case, our YouTube channel and LinkedIn page are there for you as well.

--

--

Norbert Gehrke
Tokyo FinTech

Passionate about strategy & innovation across Asia. At home in Japan. Connector of people & ideas.