RemitAid Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director: Yudai Ogawa; hereinafter referred to as "the Company"), whose mission is to "create a new path for international payments through technology" and which develops a payment platform for overseas transactions, is pleased to announce that it has begun collaboration with M-DAQ Global Pte. Ltd. (Headquarters: Singapore; Group CEO: TAN Choon Seng; hereinafter referred to as "M-DAQ"), a global provider of payment and foreign exchange solutions, based on a system integration agreement since March 2025. The Company is currently utilizing M-DAQ's international payment and foreign exchange related systems to support the flow of funds for Japanese companies involved in overseas transactions. Following the enforcement of the revised Payment Services Act on June 1, 2026, the regulatory environment surrounding cross-border fund transfers is at a major turning point. Amidst these environmental changes, the Company, through its collaboration with M-DAQ, will work to strengthen its payment infrastructure, making it easier and more user-friendly for Japanese companies to make and receive payments in overseas transactions. Changes in the Environment Surrounding Overseas Transaction Payments In overseas transactions, while the ordering and receiving of goods and services are becoming online, there still remain many operational burdens in making and receiving payments. Traditional bank transfers have imposed burdens on companies expanding overseas due to high fees, uncertainty in settlement timing, time-consuming confirmation of deposits, and difficulty in understanding exchange rates. Furthermore, the revised Payment Services Act, enforced on June 1, 2026, clarifies regulations related to cross-border fund transfers, such as outsourced collection services. For companies, the importance of choosing a reliable payment infrastructure that complies with legal systems, not just one that is cheap and fast, is increasing.