June 13, 2023
PayPay Corporation
SoftBank Corp.
Yahoo Japan Corporation

Large-Scale Promotional Campaign With Great Savings, Cho PayPay Matsuri Starts on June 15!

Website: https://paypay.ne.jp/event/paypay-matsuri202306/

PayPay Corporation (hereinafter “PayPay”), Yahoo Japan Corporation (hereinafter “Yahoo! JAPAN”), and SoftBank Corp. (hereinafter “SoftBank”) will launch “Cho PayPay Matsuri (Super PayPay Festival)” from June 15 to August 20, 2023. This is a large-scale promotional campaign that allows savings on purchases at PayPay merchants nationwide and online stores.

The last Cho PayPay Matsuri, held from February to April 2023, was very well received by PayPay users, who were granted more PayPay Points than usual when paying with “PayPay” at merchants, online stores, and services nationwide. The more than 58 million PayPay users*1 can again enjoy savings on purchases in this Cho PayPay Matsuri using the services provided in the PayPay app and on “Yahoo! JAPAN.”

PayPay will hold the “PayPay Identity Verification Jumbo,” where users who have verified their identity have a one-in-four chance of winning a prize, as well as the “Cho PayPay Matsuri: PayPay Coupons” and various other special promotions. In addition, there will also be a “PayPay Finance Debut Festival” where users can get 200 PayPay Points if they register with “PayPay Atobarai (Pay Later),” “PayPay Bank,” and “PayPay Earn Points” from the PayPay app. For more details, please see the “List of Promotions To Be Held by PayPay” below.

During the Cho PayPay Matsuri, Yahoo! JAPAN will be giving special offers on its services, including Yahoo! JAPAN Shopping, where users can save 5% of their purchase price every day (subject to a cap). Further, during Yahoo! JAPAN Shopping’s Cho PayPay Matsuri period from July 1 to 31, if users meet certain conditions, such as pre-purchases, they can receive a total of PayPay Points worth up to 24.5% of the purchase price from July 29 to 31. In addition, there will be daily deals of items for sale at under half the price, including featured products of famous home appliance, food, and daily necessities brands. For more details, including the breakdown and grant limit of points, as well as featured products, please visit this page, which will be released on July 1, 12 a.m. For details on other promotional campaigns that will be held during the Cho PayPay Matsuri period, please see the “List of Activities and Promotions To Be Held by Yahoo! JAPAN” below. Additional information can also be found on the official “Cho PayPay Matsuri” Twitter account (@paypay_matsuri) starting today. 

For SoftBank smartphone users*2, SoftBank offers Super PayPay Coupons*3 that will return up to half the paid amount*4 in PayPay Points when they pay with PayPay at merchants participating in the promotional campaign. During Cho PayPay Matsuri, SoftBank will continue to offer Super PayPay Coupons that can be used at various merchants to save on purchases. For more details, please see “Promotions To Be Held by SoftBank” below.

*1. Number of users who have registered a PayPay account as of June 2023.
*2. SoftBank smartphone users are eligible only if they have linked their PayPay account with a smart login enabled Yahoo! JAPAN ID. Corporate customers, users using particular devices, and users who are unable to use smart login are not eligible. Some data plans also do not apply. This service is not available for Y!mobile and LINE Mobile users.
*3. Each merchant has its own conditions regarding the grant limit, frequency, and valid period, and their eligible days of the week and grant rates may differ. Only payments made with the PayPay app are eligible for this promotion. The coupon will not be applied to payments made using the Alipay (支付宝) app or LINE Pay, even if payments are made by scanning the PayPay QR code (PayPay usage benefits will also not be applied). The PayPay Points will be granted 30 days from the day following the payment date. PayPay Points can also be used at the official PayPay store or PayPay Card store. It cannot be cashed out or transferred.
*4. Please make sure to check the applicable stores on the coupon acquisition screen before using it. Confirm with the store the use of coupons for takeouts. If multiple promotional campaigns are applied, no more than 66.5% will be granted for a single payment. Some stores are not part of the campaign. For more information on “Super PayPay Coupons,” please click here.

<List of Promotions To Be Held by PayPay>

■ “PayPay Identity Verification Jumbo”

The “PayPay Identity Verification Jumbo” will be held for users who have already verified their identity in PayPay, where they have a one in four chance of winning first, second, or third prize in a drawing. First prize winners will receive PayPay Points of up to 100% of the total payment amount*5. The probability of winning in the “PayPay Identity Verification Jumbo” will increase to one in three for PayPay Atobarai*6 payments, and to one in two for PayPay Atobarai payments by PayPay Card Gold holders. For more details, please visit here.

*5. Grant limit: 100,000 points/draw and period
*6. PayPay will change the description of “PayPay Atobarai” from August 1, 2023 to the following. For more details, please visit here.
(1) The payment method in the app will change from “Pay Later” to “Credit.”
(2) The name of the mini app will change to “PayPay Card.”
Mini app: a feature that allows users to smoothly make reservations, order products, and pay for  services provided by PayPay Corporation’s partner companies from the PayPay app.

Identity verification for “PayPay” can be applied for in as little as two minutes by scanning the IC chip in a My Number Card or driver’s license, and the screening process could be completed on the same day. Once users complete identity verification, they will be able to top up their PayPay Balance from their bank account, use PayPay Money, increase the number of stores where they can use “PayPay,” and boost the limit of PayPay Atobarai. As the leading cashless payment services company, PayPay aims to provide even safer and more secure services, actively promoting identity verification and continuously raising the bar on countermeasures against money laundering and financing of terrorism to prevent the app’s misuse in criminal activities and by terrorist organizations. Further, the company will shift to making identity verification mandatory in order to apply for future promotions including PayPay Jumbo, as well as benefits such as PayPay Coupon and PayPay STEP.

■ Details of “Cho PayPay Matsuri: PayPay Coupons”

Website: https://paypay.ne.jp/event/coupon/

Promotion period:

June 15 – August 20, 2023

Campaign details:

During the Cho PayPay Matsuri period, there will be even more PayPay Coupons. PayPay Coupon is a service that allows users to get a coupon on the PayPay app and then automatically save money when paying with “PayPay” at applicable stores.

※ Please check the details screen of each coupon in the app for conditions, such as applicable amount and grant limit.
※ All PayPay payments except Alipay and LINE Pay are applicable.
※ Please be aware that when the total grant for a coupon reaches the prescribed amount, the coupon may be terminated before the valid period expires.
※ For more information on how to use PayPay Coupons, please click‌here.

Major stores participating in the promotional campaign:

As soon as the participating merchants are determined, the details will be announced on the promotion website.

*The grant rate and valid period of the PayPay Points are subject to change.
*Each coupon is subject to conditions of use and a grant limit.

Grant limit:

It will vary depending on the issued PayPay Coupon.

Grant date:

30 days from the day following the payment date (or order).

* In principle, PayPay Points are granted 30 days from the day after the payment. However, due to user usage conditions or system reasons, the grant timing may be delayed.
* Granted PayPay Points can also be used at the official PayPay Store and PayPay Card official store, but cannot be withdrawn or transferred.

■ “Refer a Friend Campaign”

For more details, please visit  here.

■ “Get Back Up to 30% on Kao Product Purchases Campaign”

For more details, please visit here.

■ “PayPay Finance Debut Festival”

For more details, please visit  here.

<List of Activities and Promotions To Be Held by Yahoo! JAPAN>

■ Yahoo! JAPAN Shopping: Up to 24.5% back from July 29 to 31 by fulfilling conditions & daily deals
Period: July 29, 12 a.m. – July 31, 11:59 p.m.

– During the promotional period, 2% will be added for pre-purchases at stores participating in “Buy! Double! Store,” and an additional +5% will be added by shopping at eligible stores, for a total of 24.5% in combination with “Earn 5% Every Day With PayPay.” For more details, including the breakdown and grant limit, please this page, which will be released on July 1, 12 a.m.
– During the promotional period, there will be daily deals of items for sale at under half price (total of 100 items), including featured products of famous home appliance, food, and daily necessities brands.

*The product lineup may change.

■ Yahoo! JAPAN Shopping: First time users can either get coupons or eligible products for free

Eligible users: Users who are new to Yahoo! JAPAN Shopping (or users who have not placed an order in the past year) 

<Maximum half off coupon>

 Distribution period: June 29, 10 a.m. – July 31, 11:59 p.m. 

Details: Use coupons of up to half off with purchases of 100 yen or more (discount limit: 800 yen)

<Blue ribbon delivery coupon> *Not available on the app.

Distribution period: July 1, 12 a.m. – July 31, 11:59 p.m.  

Details: Use coupons of up to half off with purchases of 100 yen or more of items eligible for blue ribbon delivery (discount limit: 1,000 yen)

<App coupon>

Distribution period: July 1, 12 a.m. – July 31, 11:59 p.m.  

Details: Up to 50% off coupon (discount limit: 1,200 yen), which can be used for purchases of 100 yen or more on the Yahoo! JAPAN Shopping app

*Only one of the above three types of coupons can be used. Users who use one of the coupons will not be eligible for the “free product offer.”

 <Free product offer>

Period: July 1, 12 a.m. – July 30, 11:59 p.m.

Details: Apply for free smartphone accessories and foods like udon and ramen.

*To apply, users must link their PayPay account or download the Yahoo! JAPAN Shopping app
*Users who apply for this offer will not be eligible for the “maximum half off coupon,” “blue ribbon delivery coupon,” and the “app coupon.”

■ “Cho PayPay Matsuri: Treasure Chest Lottery”

Period: June 15, 12 a.m. – August 20, 11:59 p.m.

During the above period, the treasure chest lottery will be held as the “Cho PayPay Matsuri: Treasure Chest Lottery.” Anyone can draw once a day for free and win great prizes, popular convenience store items, PayPay Points worth up to 300,000 yen, and special coupons for services provided by Yahoo! JAPAN. For more details, please visit here.

■ Other promotional campaigns

Service Campaign Period   Key campaigns
YAHUOKU!
  • June 19 – July 17 
  • June 15 – July 17
  • June 15 – July 14
  • First-time YAHUOKU! buyers and users who have not purchased on YAHUOKU! for over a year can receive a coupon for up to 50% off (discount limit: 1,000 yen).
  • Yahoo! JAPAN Premium Members who enter into the promotion and list an item for the first time on YAHUOKU! or have not listed an item for over a year can receive 1,000 yen worth of PayPay Points.
  • Users can draw a lottery once a day on the app, for a chance to win a maximum of 10,000 yen worth of PayPay Points.
PayPay Flea Market
  • June 15 – July 17
  • June 15 – July 30
  • First-time sellers who list their items for the first time during the period (entry required) will receive 500 yen worth of PayPay Points and another 500 yen worth of PayPay Points if they sell the item.
  • First-time buyers and users who have not purchased an item for over a year on PayPay Flea Market will receive a coupon for up to half off (discount limit: 1,200 yen).
LOHACO by ASKUL July 4, 12 p.m. – July 31 Sale of 10% off or more.
Yahoo! JAPAN Zubatoku 12 p.m. June 15 – July 31 Users who draw the lottery can win PayPay Points worth up to a total of 1 million yen (1st prize up to 100,000 yen worth) and coupons that can be used in Yahoo! JAPAN Shopping as secondary prizes.
Yahoo! JAPAN Mobile Shop (LINEMO) June 16 – July 31 The “Yahoo limited LINEMO refer-a-friend benefits” and “Yahoo limited LINEMO application benefits” will increase. Furthermore, a lottery will be held for a prize of PayPay Points worth up to 100,000 yen.
PayPay Gourmet June 1 – June 29
June 30 – July 31
For more details, please visit here.
Yahoo! JAPAN Mart by ASKUL August 1 – 31 820 yen off coupon available to everyone (conditions apply).
Yahoo! JAPAN Premium June 1 – August 31 For more details, please visit here.
Yahoo! JAPAN Mobile July 1 – August 20 If a user enters into the “Y!mobile New Anywhere Reward” and applies during the promotion period, they can draw a lottery for a chance to win PayPay Points worth 5,000 yen.

<Promotions To Be Held by SoftBank>

■ Super PayPay Coupons to get back up to 50% as PayPay Points

For more details, please visit here.

■ 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)
・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 4 types of PayPay balance: PayPay Money, PayPay Money Lite, PayPay Points, and Gift Vouchers.
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 protects 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 equivalent to half or more of the unused balance of prepaid instrument methods as of March 31 and September 30. In addition, PayPay Points, 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 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). For more details, please visit application for compensation.
*The company name, trade name, and product/service in this press release are registered trademarks or trademarks of their respective companies.

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