PPSC Investment Service Corporation (Head office: Chiyoda-ku, Tokyo; President & Representative Director: Kosuke Sato; hereinafter “PPSC Investment Service”)*1 and PayPay Corporation (Head office: Minato-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter “PayPay”) are pleased to announce that “Earn Points,” a mini app*2 that provides a simulated investment experience in the cashless payment service “PayPay,” has exceeded 11 million users in July 2023.
In April 2023, approximately three years after the service was launched, the number of users exceeded 10 million, and even more people have been availing themselves of the pseudo-investment experience since then. Acquiring 11 million users in approximately three years and three months is the speed record among major point investment service providers and the largest number in the industry*3.
The average increase in the number of users from the start of the “Earn Points” service until the end of June 2023 was +16.5%*4. PayPay Points earned by users can be used for PayPay payments or for purchasing securities through “PayPay Invest” offered by PayPay Securities on the PayPay app.
*1. A wholly owned subsidiary of PayPay Securities Corporation.
*2. A mini app is 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.
*3. Based on a comparison between the following point investment service providers: au PAY Points Management, Credit Saison’s Eternal Points Investment Service, d POINT Investment, and Points Management by Rakuten PointClub, in alphabetical order (as of July 14, 2023, research by PPSC Investment Service).
*4. This is the average percentage of positive/negative changes for the period from the launch of the service until the end of June 2023. The results are not always positive, and this does not imply or guarantee future results.

11 million users earning points! Learn about the appeal of “Earn Points” and start investing!


“Earn Points”*5 is a service that allows users to enjoy simulated investments by converting PayPay Points issued by PayPay into unique points provided by PPSC Investment Service*6. It enjoys the support of many users, since it provides an easy way to experience simulated investments from within the PayPay app.
No need to open a securities account, it can be started by just agreeing to the terms of service in the PayPay app
Allows users to manage the points earned by shopping, starting from as little as one point
The experience of managing one’s assets can be enjoyed by simply selecting where to add points from the list of courses linked to ETFs
PayPay points earned through the service can be withdrawn and used to make payments with “PayPay” or to purchase securities through “PayPay Invest” provided by PayPay Securities on the PayPay app.
The average increase in the number of points was +16.5%*4 。
*5. Points awarded by PayPay by redeeming special offers, participating in promotional campaigns, etc. However, it cannot be cashed out or transferred.
*6. Unique points provided by PPSC Investment Service are currently used only for “Earn Points” and converting them to PayPay Points, and cannot be used for other services.
Programs for would-be “Earn Points” users are also currently being held.
Earn extra points by agreeing to the terms of service of “Earn Points”! “Let’s Start Using ‘Earn Points’ Program”
Users who agree to the terms of service for “Earn Points” from within the PayPay app during the program period have the chance to receive up to 50,000 yen worth of balance for point investments.


Period | February 1, 2023 – End date TBD This is a sustained program with no fixed period. |
Description | Users who agree to the terms of service for “Earn Points” from within the PayPay app during the program period will be gifted an investment balance for the “Standard Course.” ● 1st prize: 50,000 points / 10 winners every month ● 2nd prize: 1,000 points / 1,000 winners every month ● 3rd prize: 1 point / all users who agree to the terms of service and do not win 1st or 2nd prize |
Conditions | Users who agree to the terms of service during the program period. *Users who have already agreed to the terms of service prior to the program period are not eligible. |
For more information on this program, please visit the following website.
https://www.ppsc-is.co.jp/campaign/program/
About PPSC Investment Service Corporation
PSIS is the operator of the “Earn Points” service, which allows users to experience a simulated investment with a mini app in “PayPay.” “Earn Points” was launched as “Earn Bonus” on April 1, 2020, and has gained the support of many users, as it does not require any additional procedures such as opening an account, and anyone can immediately start simulated investments from within the PayPay app.
April 2023 marks the third year since the launch of the service, and is also when the number of users exceeded 10 million.
PPSC Investment Service will continue to provide and update its services, such as adding more “Earn Points” courses, in order to make asset management more accessible to customers.
■ 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 services, 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 higher 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, 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). Please see applying for compensation for details.
*Company names, trade names, and products/services in this press release are registered trademarks or trademarks of their respective companies.