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Achieving Greater Efficiency in Sales Activities

LBC, Japan's Largest Corporate Master Database, Implemented at PayPay

Building a Data Infrastructure for Merchant Acquisition to Achieve Greater Efficiency in Sales Activities

PayPay Corporation

uSonar Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President: Katsuhito Nagatake), a company supporting database marketing, is pleased to announce that it has provided 'LBC,' Japan's largest corporate master database, to PayPay Corporation (Headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Ichiro Nakayama; hereinafter 'PayPay'). 'LBC' was selected as the database for formulating sales strategies due to its high level of corporate comprehensiveness and the richness of its corporate attributes.

Background of Implementation

PayPay is a company that provides electronic payment services utilizing smartphones. Currently, the company has been facing the following challenges in developing new merchant partners:
・ The manual search and information gathering required to identify target companies for acquisition creates a significant operational burden.
・ The collected information lacks sufficient corporate attributes such as industry type and annual revenue, making it difficult to utilize for sales and marketing activities.

To address this, PayPay will integrate 'LBC,' Japan's largest corporate master database held by uSonar, into its existing Salesforce sales support tool (SFA), 'Sales Cloud.' This will enable the visualization of white space (non-transactional companies) and the construction of a sales strategy foundation that integrates transaction history for use in sales and marketing.

Benefits of Implementation

By linking the functions of the corporate master database 'LBC' and the customer data integration solution 'uSonar' with 'Sales Cloud,' PayPay will build a data foundation for merchant acquisition and achieve greater efficiency in sales activities.
① Standardizing data registration in 'Sales Cloud' using the Quick Search API, an optional function of 'uSonar'.
② Updating missing attribute information such as industry type and annual revenue, enabling trend analysis at the corporate level.
③ Visualizing market development status by integrating transaction history with 'LBC,' Japan's largest corporate master database.
④ Enabling the extraction of new target lists for priority outreach.

PayPay_IMAGE.png

Overview of PayPay

Company Name PayPay Corporation
Location Tokyo Garden Terrace Kioicho, Kioi Tower, 1-3 Kioicho, Chiyoda-ku, Tokyo
Representative President, Representative Director and CEO: Ichiro Nakayama
Date of Establishment June 15, 2018
Business Description Development and Provision of Electronic Payment Services, Including Mobile Payments
URL https://paypay.ne.jp/


* Company names and product names mentioned herein are trademarks or registered trademarks of their respective companies.

Article Published: September 4, 2019

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