PayPay Corporation and MONTEROZA Co., Ltd. (Headquarters: Suginami-ku, Tokyo; Representative Director: Teruhiro Ogami; hereinafter “Monteroza”) are pleased to announce that the payment feature of the cashless payment service “PayPay” is now available on the “Monte App” run by Monteroza. A “PayPay” payment code will be displayed in the “Monte App,” which can be used for payments at various izakaya restaurants across the country operated by the MONTEROZA group, such as Shirokiya, Warawara, Uotami, Sennen-no-Utage, Yamauchi Nojo, and Mekiki-no-Ginji.
In addition, a campaign will be held from April 26 to commemorate the launch of the “PayPay” payment feature in the “Monte App,” under the title “Monte App Renewed! Get up to 10% back by paying with PayPay in the Monte App.” PayPay Points of up to 10% (limit: 10,000 points per payment or during the period) will be granted for payments made using “PayPay” in the “Monte App” at applicable stores during the campaign period.
【Campaign Hosted by】MONTEROZA Co., Ltd.
【Operations Entrusted to】PayPay Corporation
By integrating “PayPay” into their own apps, partner companies can improve user convenience by offering a payment feature without having to develop it from scratch. Since only a simple initial setup is required by the user, partners can expect many PayPay users to be directed to their apps. PayPay will continue its efforts to promote such PaaS (Payment as a Service) initiatives so that many more partner companies choose to introduce the “PayPay” payment platform to their apps.
＜How to register “PayPay” in the “Monte App”＞
(1) Open the “Monte App” and tap the “PayPay” button on the home screen.
(2) Confirm the “PayPay Terms of Service (Special Terms of Use for Partner Apps)” and other such terms, and tap “Agree & Continue.”
(3) Log in with a “PayPay” account. Those who do not already have a “PayPay” account are required to first sign up.
(4) Confirm each item of user information displayed on the screen that requires permission for linking, and tap “Allow.”
(5) “PayPay” will become available in the “Monte App.”
■ 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 “point management,” a service that allows users access to a simulated investment experience involving the exchange of PayPay Points with points provided by a service provider that PayPay is partnered with. 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 is registered as follows:
・Prepaid Payment Instruments (third party type) Issuer, Registration #: Director-General of the Kanto Finance Bureau, No. 00710 (Registration date: October 5, 2018)
・Fund Transfer Operator, Registration #: Director-General of the Kanto Finance Bureau, No. 00068 (Registration date: September 25, 2019)
・Japan Payment Service Association (https://www.s-kessai.jp/, Date of admission: September 12, 2018)
・Business Operator that Concludes Contracts on the Handling of Credit Card Numbers, etc., Registration #: Kanto (K) No. 106 (Registration date: July 1, 2019)
・Japan Consumer Credit Association (https://www.j-credit.or.jp/, Date of admission: July 1, 2019)
・Telecommunications Carrier (Filing #: A-02-17943 / Date filed: July 2, 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)
* “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 in transactions at merchants if the transaction value 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.
