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 16 million users on April 16, 2024. This renews the record of the largest number of users among major point investment service providers.（※3）
In addition, “Earn Points” users have achieved an average investment gain of +44%（※4）as of March 30, 2024.
※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’s partner companies from the PayPay app.
※3 Based on a comparison among 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 April 17, 2024, researched by PPSC Investment Service）.
※4 This is the average percentage of positive/negative fluctuations for the period from the launch of the service until March 30, 2024. The results are not always positive, and this does not imply or guarantee future results.
In addition, more users are building their assets by purchasing securities via “PayPay Invest,” another mini app in the PayPay app, thanks to “Earn Points” as an entry point for investments.
As of March 2024, approximately 90% of the users who opened a PayPay Securities account via “PayPay Invest” have used “Earn Points” before.
By learning, deepening their interest in investments, and seeing results through “Earn Points,” users have begun fully engaging in purchasing securities, including the use of the new NISA system.
For details on “PayPay Invest,” please visit the following website：
https://www.paypay-sec.co.jp/tool/miniapp/
16 million users earning points！ Learn about the advantages of “Earn Points” and start investing！
“Earn Points” is a service that allows users to enjoy simulated investments by converting PayPay Points（※5）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 what investing is like from within the PayPay app.
No need to open a securities account, it can be started by just agreeing to the terms and conditions in the PayPay app.
Allows users to manage the points earned through shopping, starting from as little as one point.
Five courses linked to ETFs available.
PayPay Points used in 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 gain of PayPay Points was +44%.（※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.
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 1,000 yen worth of points for investing.
| Period | February 1, 2024 – End date TBD ＊This is a sustained program with no fixed period. |
| Details | Users who newly agree to the terms of service for “Earn Points” during the program period will be given points for investing under the “Standard Course.” ● 1st prize： 1,000 points ／ 10 winners every month ● 2nd prize： 10 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 newly 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 web page.
https://www.ppsc-is.co.jp/campaign/program/
About PPSC Investment Service Corporation
PPSC Investment Service is the operator of the Earn Points service, which allows users to experience a simulated investment through 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 a securities account, and anyone can immediately start simulated investments from within the PayPay app. In addition, by acquiring the financial instruments intermediary service license, the company has enabled a smoother transition from “Earn Points” to “PayPay Invest,” and thereby a better user experience.
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.
・Financial Instruments Intermediary Services（Registration number: Kanto Finance Bureau Director（Kinchu）No. 1024／Registration date: January 16, 2024）
■ 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 the “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 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 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 Cards（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 Vouchers.
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.
※ The company name, trade name, and product/service in this press release are registered trademarks or trademarks of their respective companies.
