PayPay Securities Corporation (Head office: Chiyoda-ku, Tokyo; President & Representative Director: Kenji Bansho; hereinafter “PayPay Securities”), known for its mission to “Make asset management more accessible” with smartphones, and PayPay Corporation (Head office: Minato-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter “PayPay”) are pleased to announce that a new feature added on April 8, 2023 has enabled the use of PayPay Points to trade securities through “PayPay Invest,” the mini app*1 within cashless payment service “PayPay.” This marks the first initiative to enhance collaboration between PayPay Securities and PayPay, as announced on March 31, 2023*2.
At the same time, 17 ETFs and mutual funds have been made newly available, which brings the total number of brands that can be traded through “PayPay Invest” up to 26.
*1. A feature that allows users to smoothly make reservations, order products, and purchase services provided by PayPay Corporation’s partner companies from the PayPay app.
＜PayPay Securities＞
Notice on Capital Increase by Third-Party Allotment of New Shares to PayPay, SoftBank, and Mizuho Securities to Enhance Collaborations with PayPay
https://www.paypay-sec.co.jp/news/20230331_3.html
＜PayPay＞
PayPay, SoftBank Corp.,, and Mizuho Securities to Underwrite Capital Increase by Third-Party Allotment of New Shares Issued by PayPay Securities
https://about.paypay.ne.jp/pr/20230331/02/
*2. Announced by PayPay Securities and PayPay respectively in the following News Release and Press Release, on March 31, 2023.
Purchase ETFs and mutual funds with PayPay Points earned when shopping!
PayPay Points can also be used for regular deposits in mutual funds!
“PayPay Invest” is a service that enables users to easily open a securities account and trade securities using PayPay Balance (PayPay Money) from within the PayPay app, enjoyed by many customers since its launch in August 2022.
Now, the purchase of securities will be possible also with PayPay Points in “PayPay Invest.” Purchases will be possible through a combination of PayPay Money and PayPay Points in increments of 1 yen or 1 point (equivalent to 1 yen), starting from a minimum purchase amount of 100 yen. The proceeds from selling securities will be immediately topped up*3 to the user’s PayPay Balance (PayPay Money), which can be used for shopping.
In addition to purchasing securities, PayPay Points can also be used with the regular deposits feature to invest in mutual funds. As a service, this is expected to help make asset management more accessible in accordance with the government’s goal to increase investors as per the “Doubling Asset-based Income Plan.” Further initiatives to “Make asset management more accessible” will be coming soon.
Overview
| Launch Date | April 8, 2023 (Sat) |
| Applicable services | PayPay Invest (PayPay Securities’ mini app within cashless payment service “PayPay”) |
| Applicable points | PayPay Point |
| Details | Purchases of securities (ETFs and mutual funds) can be made using PayPay Points, in full or for a portion of the payment. Traditional PayPay Money-only payments will continue to be available in addition to payments made by combining PayPay Points and PayPay Money. |
| Available for purchase | 17 ETFs and nine mutual funds tied to the U.S. market available in PayPay Invest (as of April 8, 2023). |
| Unit of points | 1 point = 1 yen (Minimum purchase amount of 100 yen or more in increments of 1 yen) *The proceeds from securities that are sold are topped up as PayPay Balance (PayPay Money). |
Sample of screens when using PayPay Points for a purchase
If PayPay Points is selected to make a purchase, it is the first to be deducted from the user’s PayPay Balance. The user can, however, easily switch between “Save” or “Use” points within “PayPay Invest” with just a tap.
*If the PayPay Points have been preset to be automatically added to Earn Points, these settings need to be changed from within the PayPay app.
*The screens for when making regular deposit purchases are different.
10 ETFs and seven mutual funds added to the lineup in “PayPay Invest”—users can choose to trade from a total of 26 brands!
17 new brands have been added to the lineup in “PayPay Invest.” With the addition of 10 U.S. ETFs and seven mutual funds, with which regular deposits can be set up, it will be easy even for beginners to casually make investments.
The “PayPay Mutual Fund U.S. Stocks Index” has the industry’s lowest management fees among funds invested in U.S. stocks, offering a stake in approximately 4,000 leading U.S. companies that drive the global economy.
| Up to April 7 | From April 8 | |
| U.S. ETFs | 7 brands | 17 brands |
| Mutual Funds (regular deposits allowed) | 2 brands | 9 brands |
| Total | 9 brands | 26 brands |
The full list including the new brands are as follows. See here for details on each brand.
https://www.paypay-sec.co.jp/base/ppsisan/index.html
ETFs: 17 brands
| Course | Brand | Ticker | |
| New | U.S. Stocks Course | Total Stock Market | VTI |
| New | Global Stocks Course | Total World Stock | VT |
| New | High Dividend Yield U.S. Stocks Course | Vanguard High Dividend U.S. Stocks | VYM |
| New | Emerging Markets Stocks Course | iShares MSCI Emerging | EEM |
| New | Semiconductor Challenge Course | Direxion Daily Semiconductor Stocks Bull 3x | SOXL |
| New | Technology Challenge Course | ProShares UltraPro QQQ | TQQQ |
| New | Biotech Challenge Course | Direxion Daily S&P Biotech Stocks Bull 3x | LABU |
| New | Semiconductor Reverse Challenge Course | Direxion Daily Semiconductor Stock Bear 3x | SOXS |
| New | Technology Reverse Challenge Course | ProShares UltraPro Short QQQ | SQQQ |
| New | Biotech Reverse Challenge Course | Direxion Daily S&P Biotech Stocks Bear 3x | LABD |
| Standard Course | SPDR S&P 500 ETF | SPY | |
| Technology Course | Invesco QQQ | QQQ | |
| Challenge Course | Direxion S&P 500 Bull 3x | SPXL | |
| Gold Course | SPDR Gold Shares | GLD | |
| Flat-Keep Course | iShares Broad USD Investment Grade Corporate Bond ETF | USIG | |
| ESG Course | iShares MSCI USA ESG Select ETF | SUSA | |
| Reverse Challenge Course | Direxion S&P 500 Bear 3x | SPXS |
Mutual funds: 9 brands
| Course | Brand | |
| New | PayPay Mutual Fund U.S. Stocks Course | PayPay Mutual Fund U.S. Stocks Index |
| New | Global Blue Chip Brands Course | Fundsmith Global Equity Fund |
| New | Bank Loan Course (with currency hedge) | Bank Loan Fund (hedged/annual settlement type) |
| New | Bank Loan Course (no currency hedge) | Bank Loan Fund (unhedged/annual settlement type) |
| New | eMAXIS Slim U.S. Stocks (S&P 500) Course | eMAXIS Slim U.S. Stocks (S&P 500) |
| New | eMAXIS Slim All Country Stocks Course | eMAXIS Slim All Country Equity |
| New | eMAXIS Slim Developed Country Stocks Course | eMAXIS Slim Developed Country Equity Index |
| Global 4 Asset Diversification Course | One Global Balance | |
| Global Bargain Stocks ESG Course | Global ESG High Quality Growth Equity Fund (no currency hedging |
PayPay Securities is the distributor, and the mutual funds are set up and managed by the respective asset management companies. For more details, please refer to the mutual fund document (prospectus) at the time of purchase.
The courses are named by PayPay Securities. Users are advised to carefully review the foreign securities information and prospectuses before trading securities.
■ “PayPay Invest,” where Users Can Buy and Sell Securities with the PayPay App
“PayPay Invest” is the mini app provided by PayPay Securities within the PayPay app, a service allowing easy access to asset management. Users can open a securities account and trade securities with their PayPay Balance (PayPay Money).
The minimum purchase amount for a security (ETF, mutual fund) is 100 yen, above which, transactions can be made in increments of 1 yen. The proceeds from selling securities will be immediately topped up to the user’s PayPay Balance (PayPay Money), which can be used for shopping. However, if the amount exceeds the maximum top-up amount to “PayPay” or if it will make the balance of PayPay Money exceed 1 million yen, it will be cashed out to the bank account registered by the customer. For more details on the PayPay Money limit see here.
When opening a securities account, users will be required to complete both the identity verification (eKYC) procedure required by PayPay*4 as well as within “PayPay Invest.” If a user already has an account with PayPay Securities, they can immediately start investing without any further applications, simply by logging in within “PayPay Invest.” When using “PayPay Asset Management,” users must agree to provide PayPay Securities with the information registered in “PayPay,” their identity information, payment method, cash out method, and other information.
*3. This is a feature provided by PayPay, in which a top up is made immediately after an ETF is sold, or, if it is a mutual fund that is sold, one business day before the delivery date.
*4. For more details on the identity verification procedure required by “PayPay,” please click here.
PayPay Money and PayPay Points become available for investments!
Refer to the website below for details on “Invest.”
https://www.paypay-sec.co.jp/base/ppsisan/index.html
Risks and transaction fees
Securities transactions may result in loss of principal due to fluctuations in stock prices, fluctuations in foreign exchange rates, deterioration in the credit conditions of the issuer, or changes in the political, economic, or social environment of the country from where the securities are issued. Please make sure to read the “Risks and Fees” section of the “Pre-Contract Document” and fully understand the content thereof before trading at your own discretion and responsibility.
About PayPay Securities Corporation
As the first smartphone securities company in Japan, PayPay Securities launched its service in June 2016 with the aim to create an environment where anyone can easily make investments, so that asset management would be more approachable. To further develop the service into something that is even more convenient and accessible in everyday life through collaboration with PayPay, the business was rebranded to “PayPay Securities” as of February 2021 to reflect the PayPay brand.
In addition to the roll out of services such as “Japan-US Stocks,” “Robot Accumulation Plan,” “Tenfold CFD,” “Japan Stocks CFD,” and “Anyone IPO,” “Earn Points” was launched in April 2020 to lower the barrier for investments even further by offering a simulated investment experience using PayPay Points (Earn Points has been transferred to PPSC Investment Service Corporation in July 2022, a subsidiary fully owned by PayPay Securities).
The company also began offering mutual funds in September 2021, now with a lineup of nine brands including “PayPay Mutual Fund U.S. Stocks Index,” “One Global Balance,” and “Global ESG High Quality Growth Stocks Fund (no currency hedging).”
PayPay Securities will continue to offer unprecedented financial services that are simpler than the rest and easiest to use, in order to help customers become familiar with stock investments and asset building.
About “PayPay,” the cashless payment service provided by PayPay Corporation
PayPay is a cashless payment service expanding across the country, available not only at major chain stores but also at small and medium size retailers, vending machines, taxis, and even public transportation. It can also be used in a variety of other situations, including paying for online services and utility bills. PayPay is also expanding its range of services beyond just payments, including a “send/receive” feature (remittance/transfer and receiving of money) that allows users to transfer their PayPay Balance (PayPay Money and PayPay Money Lite) between each other for free, or “Earn Points,” a service that allows users access to a simulated investment experience involving the exchange of PayPay Points with points provided by PPSC Investment Service Corporation. The company also strives to create a safe and convenient environment for users through a hotline available 24/7 and a full compensation scheme ensuring, compensation for any damages that may be suffered.
PayPay Corporation is a member and registered service operator with the following associations.
・Prepaid Payment Instruments (third party type) Issuer, Registration #: Director-General of the Kanto Finance Bureau, No. 00710 (Registration date: October 5, 2018)
・Business Operator that Concludes Contracts on the Handling of Credit Card Numbers, etc., Registration #: Kanto (K) No. 106 (Registration date: July 1, 2019)
・Telecommunications Carrier (Filing #: A-02-17943 / Date filed: July 2, 2019)
・Fund Transfer Operator, Registration #: Director-General of the Kanto Finance Bureau, No. 00068 (Registration date: September 25, 2019)
・Notified Person Entrusted with Intermediation (Filing #: C1907980 / Date filed: December 18, 2019)
・Bank Agency Operator, License: Director-General of the Kanto Finance Bureau, No. 396 (Registration date: November 26, 2020)
・Financial instruments intermediary service registration number: Kanto Finance Bureau Director (Kinchu) No. 942 (Registration date: June 25, 2021)
・Japan Payment Service Association (https://www.s-kessai.jp/, Date of admission: September 12, 2018)
・Japan Consumer Credit Association (https://www.j-credit.or.jp/, Date of admission: July 1, 2019)
* “PayPay” provides 5 types of PayPay Balance: PayPay Money, PayPay Money Lite, PayPay Points, PayPay Bonus Lite, and PayPay Gift Voucher.
PayPay Money can be used to pay for partner services and merchants if it is within the amount deposited into the PayPay account opened after completing an identity verification process. It can also be used for sending and receiving money between PayPay users free of charge. PayPay Money can also be cashed out to a designated bank account (no withdrawal fee if using PayPay Bank). The legal nature of this is an electromagnetic record which can be used to pay for goods and other services, and can be remitted or cashed out, and is issued by PayPay who is a Fund Transfer Operator registered under Article 37 of the Payment Services Act. Based on the provisions of Article 43 of the Payment Services Act, PayPay protects the debt it owes to its users in by depositing assets equivalent to or more than the debt amount. PayPay Money Lite is an electronic money issued by PayPay, which can be purchased and used to pay for services and merchants. PayPay users can transfer and receive PayPay Money Lite free of charge. The legal nature of this is a prepaid payment instrument issued by PayPay (Article 3, Paragraph 1 of the Payment Services Act). Based on the provisions of Article 14 of the Payment Services Act, PayPay preserves the relevant assets for the purpose of protecting the owners of the prepaid payment instrument by providing a security deposit for issuance to the Legal Affairs Bureau in an amount that is half or more of the unused balance of prepaid instrument methods as of March 31 and September 30. In addition, PayPay Points and PayPay Bonus Lite, which are granted through campaigns and promotions when using PayPay, can be used for partner services and in transactions at merchants in addition to PayPay Money and PayPay Money Lite. However, PayPay Bonus and PayPay Bonus Lite cannot be sent or transferred between PayPay users or be cashed out. PayPay Bonus Lite has an expiration date, after which it will no longer be valid. PayPay Gift Voucher is a type of electronic money issued by PayPay, which can be used to make payments for affiliated services and merchants designated by the PayPay Gift Voucher. However, it cannot be transferred to other users or cashed out. PayPay Gift Vouchers are valid for six months after issuance, after which they will no longer be valid.
PayPay also strives to create a safe and secure environment for users. If an unexpected payment is made by a third party using a PayPay account, or if a request to settle a payment suddenly arrives from PayPay to a user that does not have a PayPay account, providing that certain conditions are met, the user can be compensated for the damages suffered (the difference will be provided as compensation if compensation is also provided by a third party). Please see applying for compensation for details.
* The company name, trade name, and product/service in this press release are registered trademarks or trademarks of their respective companies.
