Payn Inc. (Headquarters: Chuo-ku, Tokyo; CEO: Kyohei Yamashita; hereinafter referred to as "the Company"), which provides "Payn," a service that automates the billing and collection of cancellation fees, has been implemented at accommodation facilities operated by Hotel Management Japan Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Junichi Araki). "Payn": Automating Cancellation Fee Billing and Collection The Company offers "Payn," a billing tool that automates the process of billing and collecting cancellation fees for businesses that set cancellation policies, such as hotels and restaurants. "Payn" Official Website https://payn.io Industries where reservations are common, particularly hotels and restaurants, face numerous issues related to cancellations. These include no-shows (guests who do not arrive without notice), the operational burden of billing cancellation fees, and non-payment of cancellation fees even when billed. These various problems plague businesses. To address these issues, Payn Inc. was founded in March 2022, and "Payn," which automates cancellation fee billing and collection, was released in October of the same year. It is currently used by a variety of businesses. Furthermore, in 2026, the Company will begin offering free public access to the "Practical Handbook for Cancellation Fee Billing and Collection," created with legal supervision from GVA Law Firm and cooperation from industry associations. This initiative aims to support all businesses in developing policies based on legal grounds, implementing preventive measures to minimize cancellation damages, and engaging in awareness activities for sustainable development. Cancellation Fee Billing and Collection Practical Handbook is available here (https://payn.io/#resources) Comment from Shingo Sato, Senior Manager of the Reservation Desk, Revenue Management Department, Hotel Management Japan Co., Ltd. Shingo Sato, Senior Manager of the Reservation Desk, Revenue Management