#Japan #Nagoya #PictSPACE #DepayCloud #Loyalty Lab

Overview of DepayCloud

On October 1, 2024, Loyalty Lab Inc. announced that it will provide the corporate remittance service, DepayCloud, to PictSPACE, operated by GMW Inc. This innovative service aims to enable seamless payment of rewards through bank transfers and electronic money, significantly enhancing the user experience for creators utilizing the PictSPACE platform.

PictSPACE is designed to support individual creative activities, particularly for those involved in the self-publishing of doujinshi and other merchandise. Users can register their online shops within PictSPACE, offering their products and services directly to customers. The revenue generated from these sales is paid out as rewards to users after deducting fees, and with the introduction of DepayCloud, one can expect smoother and more efficient transactions.

Features of DepayCloud

DepayCloud simplifies a variety of corporate remittance processes, allowing for easy transfers to bank accounts and electronic money options. The service is versatile and can be employed for various transaction scenarios, including:
1. Reward payments
2. Expense reimbursements
3. Cashbacks
4. Refunds
5. Payments for sales and purchase commissions

Key Advantages

1. Instant Transfers: Users can send money to bank accounts or e-money wallets in real-time, ensuring swift transactions.
2. Extensive Functionality: DepayCloud offers a wealth of features tailored to enhance convenience for both users and corporations.
3. High-Quality Service: Operated from one of Japan's leading data centers, DepayCloud promises reliable service at competitive pricing.

Rationale Behind PictSPACE's Adoption of DepayCloud

1. Maximizing User Benefits: The service aims to minimize the cost associated with receiving payments. With users currently shouldering the fees for remittances, adding e-money options—known for their lower transaction costs—provides a more economical solution for users.

2. Systematization of Payment Processes: Previously, payment processes involved manual operations, leading to risks of errors and inefficiencies. By integrating with DepayCloud via API connections, businesses can automate their payment management, significantly reducing operational costs and the reliance on manual labor.

Comments from Leadership

Ayashi Hara, CEO of GMW Inc., shared, “DepayCloud is managed from Japan’s top-notch data centers and offers a combination of reliability and affordability. The ability to optimize transfer fees by implementing electronic money options made this partnership essential. Moving forward, we plan to expand this system to other services such as PictSQUARE and MXentry, enhancing user benefits and furthering our growth in conjunction with Loyalty Lab.”

Fumitaka Hoshi, CEO of Loyalty Lab Inc., added, “With the recent changes allowing digital payments for salaries, we predict a growing demand for transactions via electronic money. Through timely and innovative services, we remain committed to supporting PictSPACE in its growth trajectory.”

About the Companies

GMW Inc.

• - CEO: Ayashi Hara
• - Address: 3-5-49 Osu, Naka-ku, Nagoya-shi, Aichi, 460-0011 Japan
• - Business Activities: Website planning, digital content creation, internet portal management, and information provision services.
• - URL: pictspace.net

Loyalty Lab Inc.

• - CEO: Fumitaka Hoshi
• - Address: 7-13-6 Ginza, Chuo-ku, Tokyo, 104-0061 Japan
• - Established: June 29, 2016
• - Business Activities: Cloud service development and provision, system contracting, and SES services.
• - URL: loy-lab.com

In conclusion, the launch of DepayCloud marks a significant step forward in enhancing the operational landscape for users of PictSPACE. By prioritizing user convenience and operational efficiency, this collaboration promises to revolutionize the way rewards are processed within the platform.