Payments2023.06.01

IT FUN PEOPLE Strengthens Global Card Payment Capabilities Through Visa Payment Service Provider Program

IT FUN PEOPLE key visual

- Expands global card payment capabilities through participation in the Visa Payment Service Provider Program

- Strengthens operational framework aligned with international financial regulations and card security standards

- Delivers reliable payment infrastructure for global online merchants

IT FUN PEOPLE (President & CEO Seiji Otaki, hereinafter "IFP") announced that it has strengthened its global card payment capabilities through participation in the Visa Payment Service Provider (Visa PSP) program.

The Visa Payment Service Provider program is designed for companies that provide payment services to merchants through the Visa network. Through its participation, IFP plans to further enhance its payment operations and expand services for online businesses worldwide.

Leveraging its Payment Gateway (PG) business foundation in South Korea and its registration as a cardholder data handling operator in Japan, IFP operates a payment infrastructure that complies with financial regulations and card security standards across multiple jurisdictions.

The company provides an integrated payment platform covering the entire payment lifecycle, including authorization processing, transaction monitoring, risk management, settlement operations, and API integration. The platform supports a broad range of industries, including digital content, e-commerce, SaaS, and subscription services.

In addition, IFP maintains a PCI DSS-based security management framework and real-time transaction monitoring system, continuously enhancing fraud detection and risk management capabilities to provide a secure payment environment.

"Participation in the Visa Payment Service Provider program represents an important milestone in strengthening IFP's global payment capabilities," said Seiji Otaki, President & CEO of IFP. "We will continue to deliver secure, reliable, and scalable payment services that global online businesses can trust."

Going forward, IFP will continue expanding its collaboration with Visa and other global card networks while strengthening enterprise-grade payment services and operational support for merchants across international markets.

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