What Link Processing does

Link Processing Co., Ltd. (株式会社リンク・プロセシング) is a Tokyo-headquartered payment services provider operating the Anywhere cashless payment platform, founded in April 2010 as a wholly-owned subsidiary of Infcurion Co., Ltd. The company sells and operates a portfolio of proprietary payment terminals — the L3 mPOS card reader (Bluetooth/USB, paired with merchant smart devices), the A920MAX and A9 all-in-one countertop terminals with integrated printers, and the D135 SPoC (Single Point of Contact) terminal designed for unattended and embedded environments such as taxi rear seats. The platform accepts credit cards, J-Debit, electronic money, QR code payments, and Pay-easy account transfers under a single unified contract covering Visa, Mastercard, JCB, Amex, Diners, Discover, and UnionPay. The company holds PCI DSS v4.0.1, PCI PTS v5.x with SRED, and ISMS (ISO/IEC 27001 / JIS Q 27001) certifications.

The company monetizes through transaction fees on processed payments and hardware sales, with a free web-based transaction management dashboard provided to merchants. Go-to-market is sales-led and dual-pronged: direct enterprise field sales to large corporates (e.g., GO Inc., Art Hikkosha, Central Sports) and SMB acquisition via the company website. A distinct OEM/embedded channel integrates Anywhere terminals into third-party hardware and business systems — most notably the GO Inc. deployment across 70,000+ taxis. A B2B accounts-payable service (LP Invoice Card Payment) was added in February 2026 via partnership with Epocards (Marui Group). Differentiating features include app-to-app linkage with merchant business systems, a multi-TID function for multi-brand merchant operations, and a Pay-easy account-transfer reception service that replaces paper forms and seal verification with on-the-spot cash-card reading. The company serves the Japanese domestic market exclusively, with 66 full-time employees as of March 31, 2024.

Name

Link Processing

Legal name

株式会社リンク・プロセシング

Website

https://linkprocessing.co.jp

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Link Processing provides the Anywhere cashless payment platform — proprietary terminals (mPOS, all-in-one, SPoC) accepting credit, debit, e-money, QR, and Pay-easy account transfer — to Japanese merchants ranging from SMBs to large enterprises, with embedded deployments in taxi fleets and field-service businesses.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Sales Financing (52222)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

QR Code & Alternative In-Store Acceptance (QR, APMs) (FSAMADAH), Merchant Acquiring & Processing Platforms (BPAMAFAB), Biller Direct EBPP Platforms (FSAMAJAA), Payment Orchestration Platforms (FSAGABAA), Processor Back-End & Switch Providers (Issuer/Acquirer Processing Infrastructure) (FSAMABAJ)

Keywords

• Cashless payment solutions
• MPOS card readers
• Payment terminal hardware
• Multi-method payment acceptance
• Payment processing services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Payment Processing / Transaction Fees: Revenue generated from transaction fees on each payment processed through Anywhere terminals. Payment methods include credit card, J-Debit, e-money, QR code, and Pay-easy account transfer. Merchants sign up for service and pay per transaction processed.
2. Terminal Hardware Sales: Sale of proprietary payment terminal hardware including Anywhere L3 (mPOS card reader), D135 (SPoC terminal), and A920MAX/A9/A6 (all-in-one terminals). Smart devices (smartphones/tablets) are provided by merchants; only the card reader and software/app are supplied by Link Processing.
3. LP Invoice Card Payment Service: New service launched February 2026 via partnership with Epocards, providing invoice payment via corporate card. Generates revenue through transaction fees on invoice payments processed.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Link Processing provides the "Anywhere" cashless payment platform, supplying proprietary payment terminal hardware (mPOS card readers, SPoC terminals, and all-in-one terminals) and companion software/apps that accept credit cards, UnionPay, J-Debit, electronic money, QR code payments, and Pay-easy account transfer. The solution serves businesses ranging from small shops to large enterprises, with app-to-app integration into merchant business systems and web-based transaction management.

Product overview

Link Processing provides the Anywhere brand cashless payment ecosystem — a platform of purpose-built payment terminals and companion apps that collectively accept credit cards, debit (J-Debit), electronic money, QR code payments, and direct account transfer (Pay-easy). The product line is split into two hardware form factors: (1) the Anywhere L3 mPOS reader — a compact Bluetooth/USB card reader that pairs with the merchant's own smart device and supports a wide range of payment methods including Pay-easy account transfer and recurring billing; and (2) the all-in-one stationary terminals (Anywhere A920MAX and A9) — self-contained units with built-in printing, display, and connectivity for countertop use. A third variant, the Anywhere D135, is a SPoC terminal engineered for self-service environments without PIN pads, enabling touch payment through tablet screens. The portfolio also includes a cashless recharge terminal for electronic money, and the LP Invoice Card Payment (LP 請求書カード払い) add-on — a B2B accounts-payable service introduced in 2026 enabling corporate card payments for invoice settlement.

Differentiator

Problem solved

Functional benefit

Brands

• Anywhere: 主力キャッシュレス決済ソリューションブランド。クレジットカード、電子マネー、QRコード決済、口座振替など複数の決済手段に対応する。」

Products and services

• Anywhere L3 An mPOS card reader (LP-PCR3.0BT) that pairs with merchant-owned smartphones, tablets, or PCs via Bluetooth or USB. Supports credit, UnionPay, J-Debit, QR code payments, Pay-easy account transfer, and recurring billing. Compatible with iOS, Android, and Windows.
• Anywhere A920MAX An all-in-one stationary payment terminal offering integrated printing, display, and card acceptance for credit, electronic money, QR code, and account transfer. Introduced as a successor/sibling to the A9 line.
• Anywhere A9

Quantifiable outcome

• ~80% workload reduction in account transfer procedures (Central Sports case)
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Epocards (エポスカード)coreStrategic or Co-development Partner · 19 February 2026Link Processing partnered with Epocards (Marui Group) to launch the 'LP Invoice Card Payment' (LP 請求書カード払い) service in February 2026. The service enables Epocards corporate card members to pay invoices digitally, expanding the use cases for Anywhere platform into B2B invoice processing.
• Infcurion Co., Ltd. (株式会社インフキュリオン)coreOthersLink Processing is a group company (subsidiary) of Infcurion Co., Ltd. The company is part of the Infcurion Group, which provides mission, vision, and values framework. Parent company listed on group company page. Infcurion handles overall group strategy and Link Processing focuses on payment terminal solutions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Stripe: Global payment processor and Terminal hardware provider serving online and in-person merchants. Competes with Link Processing in integrated payment processing (Terminal) and merchant acquiring, though Stripe's primary footprint is online with in-person as a growing extension.
• Ingenico (Worldline): Major global payment-terminal and acquiring platform (now part of Worldline) offering Tetra, AXIUM, and iCT series terminals. Direct hardware peer to Anywhere terminals and a competitor in integrated payment processing for enterprise merchants.
• Square (Block): Global mPOS and integrated payments leader (Block, Inc.) with hardware (Square Reader, Square Terminal) and software (Square POS, Square Banking). Competes with Link Processing's Anywhere L3 in the mPOS and SMB cashless acceptance category, though Block's offering is far broader and primarily software/SaaS-led.

Direct peers

• Verifone: Global payment-terminal manufacturer offering countertop, mPOS, and unattended terminals (Engage, P400, T650c). Closest direct hardware peer to Link Processing's Anywhere A9/A920MAX/D135 portfolio, with similar PCI PTS-certified terminal families.
• SumUp: European mPOS specialist offering compact card readers and all-in-one terminals (Solo, Air) with multi-method payment acceptance. Direct competitor to Link Processing's Anywhere L3 and A9 in the small-merchant mPOS category, though SumUp operates globally while Link Processing is Japan-only.
• DG Financial Technology (formerly Veritrans):
• GMO Payment Gateway: Leading Japanese online payment processor and acquirer (TSE: 3769) offering multi-method processing, terminals (PGマルチペイメント), and recurring billing. Most direct Japanese competitor to Link Processing across PSP, terminals, and recurring charging.
• SBI Payment Service (SBPS): Japanese payment processor (SBI Group) offering multi-method card processing, account transfer (Pay-easy), and merchant acquiring. Competes with Link Processing on Pay-easy account transfer reception and consolidated payment acceptance in the Japanese market.
• SBPS / SoftBank Payment Service: SBPS operates one of the largest Japanese payment-processing platforms with multi-method acceptance, account transfer, and merchant services. Direct competitor to Link Processing's Anywhere platform in Japanese B2B and B2C merchant acquiring.

Regional players

• PayPay (Z Holdings / SoftBank): Dominant Japanese QR-code payment platform with massive consumer adoption. While PayPay is primarily a consumer wallet rather than a terminal-focused acquirer, its QR-payment reach affects the competitive context in which Link Processing's Anywhere QR-acceptance capability operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Link Processing