#Japan #Tokyo #Valuence Japan #Auction Pay #Paygent

Valuence Japan Launches "Auction Pay" for Enhanced B2B Transactions

Valuence Japan Co., Ltd., based in Minato, Tokyo, has announced a new partnership with Paygent Co., Ltd. and Infcurion to introduce a service called "Auction Pay." This innovative solution aims to enhance the payment process in B2B auctions, specifically for their auction service, "STAR BUYERS AUCTION."

"Auction Pay" allows companies participating in B2B auctions to pay for auction items using an invoice card payment system. This significantly assists businesses in managing cash flow, addressing the common challenge of financing between purchasing items and reselling them. By implementing this service, Valuence Japan aims to streamline transactions and provide smoother operations for buying companies.

The introduction of invoice card payments aims to relieve the financial burdens businesses face during auction transactions. Typically, companies are pressured to pay upfront when purchasing items or managing capital between acquisition and resale. By leveraging Paygent's "BizPay Invoice Card Payment" and Infcurion’s "Winvoice" payment platform, "Auction Pay" offers a solution where businesses can utilize corporate cards for invoice payments, thereby improving their cash flow.

Key Features of "Auction Pay"

1. Improved Cash Flow: Businesses can extend payment deadlines by using credit cards for invoice payments, which postpones actual cash outflow.

2. Increased Operational Efficiency: The service reduces the complexities of bank transfers and cash management. Additionally, it minimizes human errors, thus enhancing accuracy in payment processes.

3. Point Accumulation: Participating companies can collect points through their card usage, providing additional value.

4. Unique Payment Structure: Unlike traditional card services that require payment after service provision, this partnership allows payments via a card even before service fulfillment, advancing the payment landscape in B2B transactions.

Valuence Japan plans to implement "Auction Pay" first within the "STAR BUYERS AUCTION" and subsequently expand the service to other auction platforms like "THE EIGHT AUCTION" and "ALLU AUCTION."

Furthermore, Valuence is collaborating with Mitsubishi UFJ Bank to offer favorable transaction fees to businesses that apply for corporate cards issued by Mitsubishi UFJ Nichos using "Auction Pay." Further details on release dates and service specifics will be disclosed soon.

Future Outlook

With this collaboration, Valuence Japan aims to promote the widespread adoption of cashless payments in the B2B auction industry. The company is committed to tackling industry-specific challenges while striving to improve efficiency and convenience for corporate transactions. Through services like "Auction Pay," Valuence is poised to contribute to the sustainable growth and development of the B2B auction sector.

For further details on "Auction Pay," visit:

• - Paygent's "BizPay Invoice Card Payment": Link
• - Infcurion's "Auction Pay Powered by Winvoice": Link

Company Overview

• - Mitsubishi UFJ Nichos: Established in June 1951, led by President Norihiko Tsunoda. Headquarters: Chiyoda, Tokyo.
• - Paygent: Founded on May 1, 2006, headed by President Junichi Suzuki. Headquarters: Shibuya, Tokyo.
• - Infcurion: Founded on May 1, 2006, with CEO Hiroki Maruyama at the helm. Headquarters: Chiyoda, Tokyo.
• - Sumitomo Mitsui Card: Established on December 26, 1967, with president Yukihiko Onishi. Headquarters: Koto, Tokyo.
• - Valuence Japan: Established on September 10, 2019, under the leadership of President Mitsutoshi Tomita. Headquarters: Minato, Tokyo. A group company of Valuence Holdings, listed on Tokyo Stock Exchange's Growth Market (stock code: 9270).