PayPay Corporation, a joint venture between Softbank Group Corp., Softbank Corp., and Yahoo Japan Corporation, will also support “Kakao Pay” provided by Kakao Corp. in South Korea and “AlipayHK” provided by Alipay Financial Services (HK) Limited in Hong Kong in addition to “Alipay” that is already supported. Users of code payment services “Kakao Pay” and “AlipayHK”, in addition to “Alipay”, will be able to complete payments using QR codes provided by “PayPay” merchants anywhere in Japan as of the 27th of April.
PayPay will continue to expand its functions and services leveraging its well-known “payment” function, to create new financial services and to enhance its “Mini App” function that completes the entire order-to-payment process just by using PayPay. By evolving into a “Super App”, PayPay will make users’ lives richer and much more convenient, where they can feel safe about making easy cashless payments “anytime, anywhere with Paypay”.
■About “Alipay”
Alipay is one of the world’s leading payment and lifestyle platforms offered by the Ant Financial Services Group. Providing payment services for Chinese people in more than 50 countries and territories around the world, as of June 2019, the service is enjoyed by more than 900 million users in China and over 1.2 billion users globally including exposure through partners. Alipay also offers duty-free services in 35 countries and territories. In addition, collaborating with more than 250 financial institutions worldwide and payment solution providers, Alipay enables payments by Chinese tourists traveling abroad as well as international customers using Chinese cross-border e-commerce sites. The service is currently available in 27 different currencies.
■Main features of “PayPay”
“PayPay”, a smart phone payment service provided by PayPay Corporation, allows users to pay by either topping-up their PayPay balance in advance or by using their credit card, and can be used in both brick-and-mortar stores and with online services. PayPay is supported not only by major chain businesses, but is rapidly becoming available in smaller shops all across Japan. Users can top-up their PayPay balance using their bank account, online, or from a nearby Seven Bank ATM. There are a variety of features provided in addition, such as to “send/receive” PayPay balance (PayPay Money, PayPay Money Light) between users, or to split the bill (“Warikan”), convenient in a social meal setting.
■About PayPay merchants
A list of main PayPay eligible merchants is available on the “PayPay” website. It is also possible to find merchants nearby by checking the map within the PayPay app.
■Images can be downloaded here.
*Company names, trade names, and products/services in this press release are registered trademarks or trademarks of their respective companies.
