PayPay Card Corporation (Chiyoda-ku, Tokyo; President & Representative Director: Tomoaki Tanida; hereinafter “PayPay Card”) will launch the “Split 3 Million Points with Apple Pay!” campaign (hereinafter “Campaign”) in early September 2024. During the Campaign period,*1 users who pay 3,000 yen or more (including tax) with PayPay Card (including PayPay Card Gold) via Apple Pay will receive a share from a pool of 3 million PayPay Points.*2
*1. The Campaign period will be announced at a later date on the PayPay Card website (https://www.paypay-card.co.jp/info/information/).
*2. PayPay Points cannot be cashed out or transferred. PayPay Points earned can also be used at the official PayPay and PayPay Card stores.
Since May 2024, PayPay Card has enabled users to set up Apple Pay in as little as one minute from the PayPay app. As setting up a PayPay Card this way is easier than via the pre-installed Wallet app on iOS, the monthly number of PayPay Card registrations to Apple Pay has more than doubled*3 compared to previous months. Going forward, PayPay Card will continue working to enable more users to use Apple Pay.
*3. Comparison of actual monthly Apple Pay setup counts between April 2024, the final month prior to the launch of the Apple Pay setup feature in the PayPay app, and July 2024, the most recent full month.
■ About the Campaign
| Campaign name | Split 3 Million Points with Apple Pay! |
|---|---|
| Details | Users who meet conditions (1) and (2) below will receive a portion of 3 million PayPay Points, shared with other users. *Grant limit of 200 points. One grant per person. *Points to be shared will be granted after rounding down any decimals. The total amount of points granted may be less than 3 million points. *If the number of eligible users exceeds 3 million, 1 point will be granted to each person. |
| Conditions | (1) Set up PayPay Card on Apple Pay. *Users who have already completed setup prior to the Campaign period are also eligible. (2) Pay 3,000 yen (tax included) or more in total during the Campaign period using PayPay Card via Apple Pay. *No entry is required. Eligibility is limited to the primary card holder (family credit card holders are not eligible). *Eligible transactions include QUICPay, contactless payments using international brands (Visa, Mastercard, and JCB), and payments made in the app and on the web. *If Apple Pay payments are made using multiple primary cards, the transaction amounts in Apple Pay will be combined. |
| When points will be granted | Scheduled for mid-November 2024. *Points will be granted under the following name: ・PayPay Card (Apple Pay Campaign Benefit) |
| Other information | To use the granted points, users must meet one of the following: ・Register PayPay Card in the PayPay app (click here for details) ・Link a PayPay account with a Yahoo! JAPAN ID (click here for details) *If neither condition is met, the points will expire 30 days after the date it is granted. The following cases are not eligible for the Campaign: This Campaign is subject to change or termination without notice. |
■ About Apple Pay
Apple Pay is a feature that enables payment using an iPhone or Apple Watch by setting up a compatible credit card.
By adding a card to the Wallet app pre-installed on iOS, users can immediately use it at merchants that accept QUICPay™ or contactless credit card payments. In-store payments are supported, as are online payments via iPad and Mac computers. For in-app and online payments, users do not need to enter their card number if they select “Apple Pay.”
■ Benefits of Setting Up PayPay Card on Apple Pay
By setting up PayPay Card on Apple Pay, payments can be made using an iPhone or other device at stores that support QUICPay or contactless credit card payments.
This initiative increases the number of stores where convenient, wallet-free payments can be made, including stores that do not support the cashless payment service “PayPay,” where users previously needed to take out their wallets to pay.
*Use of PayPay Card via Apple Pay is also eligible for PayPay STEP, just as with use of a physical card and PayPay Credit.
■ Setting Up PayPay Card on Apple Pay
<Steps for setting up from the PayPay app>
*Setting up Apple Pay from the PayPay app is available only to users who have already registered PayPay Card in the PayPay app.
Users who have not done so can set up their cards only from the iOS Wallet app.
For details on how to set up PayPay Card on Apple Pay, check here.
PayPay Card and PayPay will continue to take a user-first approach, aiming to improve user satisfaction and create services that deliver more convenient and rewarding experiences, and will provide cashless services that become the indisputable industry standard in Japan.
■ About PayPay Card
PayPay Card Corporation changed its name from YJ Card Corporation on October 1, 2021, and began operations under the new appellation with the aim of becoming the leading card company in Japan. From October 2022, it became a wholly owned subsidiary of PayPay Corporation, further boosting synergy with the cashless payment service “PayPay.” The company will continue working to make users’ lives more convenient and provide more services that can be used across diverse payment scenarios.
■ 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 scenes, 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 #: 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 Person Entrusted with Intermediation (Filing #: C1907980 / Date filed: December 18, 2019)
・Bank Agency Services (License: Director-General of the Kanto Finance Bureau (Gindai) No. 396 / Effective 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)
・Designated Funds Transfer Operator, permitted to provide digital payment of wages (Designation No.: Minister of Health, Labor and Welfare No. 00001 / Date of designation: August 9, 2024)
・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 transferred to a designated bank account (no transfer 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, issued by the Company who is a Fund Transfer Operator registered under Article 37 of the Payment Services Act. PayPay Money (Paycheck) refers to PayPay Money that can only be purchased with wages received by the PayPay user in their Paycheck Account. 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 that can be obtained and used for payments at designated partner services and merchants specified for the relevant PayPay Gift Voucher. However, it cannot be transferred to other users or cashed out. PayPay Gift Vouchers have an expiration date. For details on the expiration date, see the conditions of the measures and campaigns that issue PayPay Gift Vouchers.
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. For more details, please visit application for compensation.
*Company names, trade names, and products/services in this press release are registered trademarks or trademarks of their respective companies.
