PayPay Corporation（Minato-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter “PayPay”） and PayPay Card Corporation（Chiyoda-ku, Tokyo; President & Representative Director; Tomoaki Tanida; hereinafter “PayPay Card”） are pleased to announce that the “Regular Investment Reward Program” available in the “PayPay Invest” mini app （※1）offered by PayPay Securities Corporation（Chiyoda-ku, Tokyo; President & Representative Director: Kenji Bansho; hereinafter “PayPay Securities”） will increase the maximum amount of points awarded per month from 600 to 700 points.
Until now, points have been awarded for up to 50,000 yen of the monthly amount of “Regular Credit Investment”（※2）, but after May 1, 2024, the maximum monthly amount eligible for the 0.7% points reward will increase to 100,000 yen.
In addition, until April 30, the maximum point award limit is set for each payment method separately, but from May 1 onward, the points granted for all payment methods will be summed together, and the maximum monthly point award limit will be set to 700 points per month.
※1 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.
※2 “Regular Credit Investment” can be used by registering one’s PayPay Card or PayPay Card Gold to the PayPay app and enabling PayPay Credit. PayPay Cards and PayPay Card Golds set up as a family card cannot be used for “Regular Credit Investment.” Furthermore, credit cards other than PayPay Card and PayPay Card Gold cannot be used.
※The granted points cannot be cashed out or transferred.
The maximum monthly installment amount for “Regular Credit Investment” using “PayPay Credit” in “PayPay Invest” has been increased from 50,000 yen to 100,000 yen per month since March 24.
（Reference）
Press release（March 13, 2024）：
“Regular Credit Investment” Limit Raised to 100,000 Yen in “PayPay Invest”
The limit of “Regular Credit Investment” will be raised from 50,000 yen to 100,000 yen from March 2024！
https://about.paypay.ne.jp/pr/20240313/01/
To use “PayPay Invest,” users must open a PayPay Securities account. For more details, please visit the here.
■ “PayPay Invest” allows users to trade securities in the PayPay app.
“PayPay Invest” is a mini app provided by PayPay Securities within the PayPay app, enabling easy access to asset management. Users can open a brokerage account and buy securities using their PayPay Balance（PayPay Money）, PayPay Points or the balance in their PayPay Bank savings account.
Securities such as U.S. stocks, Japanese stocks, ETFs, and mutual funds can be traded in increments as small as 1 yen or 1 point, starting from just 100 yen or 100 points. The proceeds from selling securities will be immediately topped up to the user’s PayPay Balance（PayPay Money）, which can be used for shopping or other purposes.*3 However, if that amount exceeds the maximum PayPay Balance（PayPay Money） top-up amount, or if it would result in the total balance of PayPay Money exceeding 1 million yen, it will instead be cashed out to the customer’s registered bank account. For more details on the PayPay Money limit, see here.
When opening a securities account, users can skip the identity verification procedure normally required in “PayPay Invest”（*5） if they have already verified their identity（eKYC） within PayPay（*4）. If users already have an account with PayPay Securities, they can immediately start investing simply by logging in to PayPay Invest. To use PayPay Invest, users must agree to provide PayPay Securities with their information registered in PayPay, their identity information, payment methods, cash out methods, and other information.
※3 A feature provided by PayPay, in which a PayPay Balance（PayPay Money）top-up is made immediately after an ETF is sold, or in the case of a mutual fund, one business day before the delivery date.
※4 「For eKYC procedures required by “PayPay,” please click here.
※5 This feature may not be available for some users. Users newly transacting with a securities company are required to provide the securities company with their My Number upon opening an account.
For details on PayPay Invest, please visit the following website：
https://www.paypay-sec.co.jp/tool/miniapp/
Risks and transaction fees
Securities transactions may result in loss of principal due to fluctuations in stock prices, fluctuations in foreign exchange rates, deterioration in the credit conditions of the issuer, or changes in the political, economic, or social environment of the country from where the securities are issued. Please make sure to read the “Risks and Fees” section of the “Pre-Contract Documents” and fully understand the content thereof before trading at your own discretion and responsibility.
■ About PayPay Card
PayPay Card Corporation changed its name from YJ Card Corporation on October 1, 2021, and began operations under the new name with the aim of becoming the leading card company in Japan. From October 2022, the company became a wholly owned subsidiary of PayPay Corporation and further strengthened its synergy with the cashless payment service “PayPay.” PayPay Card will continue to expand its services to make them available in a broad range of payment scenarios, as well as to provide further convenience to users.
■ 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, PayPay Points 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 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.
