PayPay Corporation (hereinafter “PayPay”) is pleased to announce that from early December this year, PayPay Points will be available for payments made with Credit (Pay Later) in the cashless payment service “PayPay.” In addition, when using PayPay Gift Vouchers, which can be used at eligible stores in specific regions as a gift for donations in furusato nozei (hometown tax donation program), it will be possible to make split payments with PayPay Balance. This provides users with more payment options, making “PayPay” an even more convenient tool.
Previously, users could combine PayPay Points when paying with PayPay Balance, but now the points will also be available for Credit (Pay Later) payments. When a user pays with Credit (Pay Later) and enables “Use PayPay Points” in the payment screen, the points will be given priority in the payment.
PayPay Gift Vouchers could only be used on their own, but from now on they can be combined with PayPay Balance. Users can enjoy the enhanced usability of the gift vouchers, as they will be able to split their payments using PayPay Gift Vouchers and PayPay Balance to make a single payment even if the remaining amount of a PayPay Gift Voucher is less than the purchase amount.
＜How to use PayPay Points with Credit (Pay Later) payments＞
＜How to combine PayPay Gift Voucher and PayPay Balance＞
(1) If the setting for PayPay Gift Vouchers is “Use Automatically”*
If the remaining balance in the PayPay Gift Voucher is less than the payment amount, users can pay the difference with PayPay Balance. However, even if the user has enabled “Use Automatically” for PayPay Gift Vouchers, if the user has Credit (Pay Later) prioritized as the payment method and the balance of PayPay Gift Vouchers is insufficient, the full amount will be paid with Credit.
* For more information on “Use Automatically,” please visit here. It can be disabled at any time from the Settings page.
(2) If “Use Automatically” is disabled for PayPay Gift Vouchers
When a user selects PayPay Gift Voucher as their payment method, PayPay Balance will be automatically chosen. If the balance of the PayPay Gift Voucher is less than the payment amount, PayPay Balance will be used for the deficient amount to complete the transaction.
PayPay will continue to strive for a world where users and all types of restaurants and service providers can enjoy the convenience of cashless payments and confidently use the cashless payment service, evolving “PayPay” from a payment app into a super app that enriches users’ lives and makes them more convenient, fostering a world where paying “Anytime, Anywhere with PayPay” is a reality.
PayPay Corporation is registered as follows:
・Prepaid Payment Instruments (third party type) Issuer (Registration number: 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 number: Kanto (Ku) No. 106 / Registration date: July 1, 2019)
・Telecommunications Carrier (Filing number: A-02-17943 / Date filed: July 2, 2019)
・Fund Transfer Operator (Registration number: Director-General of the Kanto Finance Bureau, No. 00068 / Registration date: September 25, 2019)
・Notified Entity Entrusted with Intermediation (Filing number: C1907980 / Date filed: December 18, 2019)
・Bank Agency Services (License: Director-General of the Kanto Finance Bureau (Gindai) No. 396 / Registration date: November 26, 2020)
・Financial Instruments Intermediary Services (Registration number: Kanto Finance Bureau Director (Kinchu) No. 942 / Registration date: June 25, 2021)
・Electronic Payment Agency Services (License: Director-General of the Kanto Finance Bureau (Dendai) No. 109 / Registration date: February 14, 2023)
・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” offers four types of electronic money and other services: PayPay Money, PayPay Money Lite, PayPay Points, and PayPay Gift Certificates.
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 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 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, it cannot be transferred to other users or 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 have an expiration date, after which they will no longer be valid. The deadline for Gift Vouchers can be confirmed in the details or specifications of the measure or promotion campaigns for which they are issued.
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, there is a scheme that ensures compensation for the damages suffered (the difference will be provided as compensation if compensation is also provided by a third party), given that the prescribed conditions are met. 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.
