One Tap BUY Co., Ltd (Minato-ku Tokyo, President & Representative Director, CEO: Masaaki Uchiyama, hereinafter One Tap BUY) and PayPay Corporation (Minato-ku Tokyo, President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama, hereinafter PayPay) will be launching a service that provides a simulated experience of asset management by exchanging “PayPay Bonus” (*1) provided by PayPay with original points (*2) provided by One Tap BUY. From the Bonus Management” mini app that will be provided within the PayPay app, users will be navigated to the service provided by One Tap BUY to enjoy a simulated experience of investing money.
This service is available to anyone who has PayPay Bonus. Users will be able to enjoy a simulated investment experience provided by One Tap BUY from JPY 1 worth of PayPay Bonus upon exchanging with the equivalent number of original One Tap BUY points. Invested points can be exchanged (withdrawn) to PayPay Bonus and can be used at PayPay merchants, etc. Please note that although One Tap BUY’s original points will increase/decrease according to the market rates of the exchange-traded funds handled by One Tap BUY, this service is not an actual investment/management of funds. Also, it is unnecessary to open a securities account with One Tap BUY to use this service.
*1 PayPay Money, PayPay Money Lite, and PayPay Bonus Lite cannot be exchanged to One Tap BUY’s original points; click here for details on PayPay Bonus.
*2: Currently, the original points provided by One Tap BUY in this service can only be used in “Bonus Management” as well as exchanging back to PayPay Bonus, and cannot be used for other services.
＜Service Features ＞
Every JPY 1 worth of PayPay Bonus can be exchanged with One Tap BUY original points. Conversely, it is also possible to exchange (withdraw) the One Tap BUY original points back to PayPay Bonus from JPY 1 worth of points.
There is no need to open a dedicated securities account or go through an ID registration. The simulated investment experience can be enjoyed straight away.
There are 2 types of simple-to-understand courses available for management of One Tap BUY points.
There are no additional charges such as fees or commissions.
*The images are for illustrative purposes only.
One Tap BUY will be gradually updating this service in a continued effort to make financial investments more accessible.
PayPay will strive to create a world where payments can be done “anywhere, anytime, with PayPay” including financial services as a milestone in evolving from a “Payment” app into a “Super App” that makes users’ lives more rich and convenient.
【Corporate Profile of One Tap BUY】
| Name | One Tap BUY Co., Ltd. Financial Instruments Business Operator Number: #2883, Director-General of the Kanto Finance Bureau. |
|---|---|
| Location | Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo |
| Representative | President & Representative Director, CEO: Masaaki Uchiyama |
| Established | October 31, 2013 |
| Business Activities | Type 1 Financial Instruments Business |
| Website | https://www.onetapbuy.co.jp/ |
【Corporate Profile of PayPay】
| Name | PayPay Corporation Advance Payment Method (Type3) Business Operator Number : #00710, Director-General of the Kanto Finance Bureau Fund Transfers Business Operator Number : #00068, Director-General of the Kanto Finance Bureau |
|---|---|
| Location | Kioi Tower, Tokyo Garden Terrace Kioicho, 1-3 Kioicho, Chiyoda-ku, Tokyo |
| Representative | President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama |
| Established | June 15, 2018 |
| Business Activities | Development and provision of mobile payment and other electronic payment services. |
| Website | https://paypay.ne.jp/ |
Disclaimers
This document has been prepared for the purpose of providing information as reference for investments, not to solicit investments.
The outlook reflected in the content of this document is as of the day the document has been prepared and is subject to change without notice.
*Company names, trade names, and products/services in this press release are registered trademarks or trademarks of their respective companies.
