PayPay Securities Corporation (Chiyoda-ku, Tokyo; Representative Director, President & CEO: Kenji Bansho; hereinafter PayPay Securities), PayPay Bank Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director: Tomohito Takusari; hereinafter “PayPay Bank”), and PayPay Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter PayPay) are pleased to announce a new feature launched in PayPay Invest, a mini app*1 offered in cashless payment service PayPay, which displays the user’s balance in their ordinary savings account with PayPay Bank*2.
Additionally, the same feature will be sequentially released to the PayPay Securities app from the latest version (3.18.0) and later.
The provision of this function is part of the linkage between PayPay Securities and PayPay Bank. We will continue to provide better services through this link.
*1. This feature allows users to make reservations seamlessly, as well as order products and services provided by PayPay’s partner companies, all from the PayPay app.
*2. Update the PayPay app to the latest version to use this feature.
With this new feature, users who have an ordinary savings account with PayPay Bank will be able to check how much balance they have left in the account from the transaction screen in PayPay Invest, making it even easier and seamless to purchase stocks and mutual funds*3,4.
Purchases of stocks and mutual funds from a PayPay Bank ordinary savings account are not confined to the PayPay Money limits (1 million yen within 24 hours or 2 million within 30 days), allowing users to transact in PayPay Invest without limitation. This will be available 24 hours a day, 365 days a year*5 without any transfer or remittance fees.
*3. Users are required to consent to linking their PayPay Securities and PayPay Bank accounts to use this feature.
*4. The same feature will be available in the PayPay Securities app as well.
*5. Excluding maintenance windows. Refer to PayPay Securities conditions, rules, and pre-contract document for details. PayPay will continue to expand its financial business built on top of PayPay, as well as strengthen collaborations with other group companies offering financial services.
PayPay will continue to expand its financial business built on top of PayPay, as well as strengthen collaborations with other group companies offering financial services.
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 / NISA account, and purchase securities using their PayPay Balance (PayPay Money), PayPay Points, the balance in their PayPay Bank ordinary savings account, or PayPay Credit (limited to Regular Credit Investments).
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 and other purposes*6. However, if that amount exceeds the PayPay Balance (PayPay Money) top-up limit, or if it would result in the total balance of PayPay Money exceeding 1 million yen, it will instead be withdrawn to the customer’s registered bank account. For more details on the PayPay Money limit, click “The PayPay Money Limit is Scheduled to Change“.
When opening a securities account, users can skip the identity verification procedure normally required in PayPay Invest*8, if they have already verified their identity (eKYC) within PayPay*7. If the user already has an account with PayPay Securities, they can immediately start investing simply by logging in to PayPay Invest. To use PayPay Invest, the user is required to consent to provide PayPay Securities with their information registered in PayPay, their identity information, payment methods, cash out methods, and other information.
*6. A feature provided by PayPay, in which a PayPay Balance (PayPay Money) top-up is made immediately after stocks or ETFs are sold, or in the case of a mutual fund, one business day before the delivery date.
*7. See “Verify Identity” for more details on the identity verification procedure in PayPay.
*8. 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.
See “PayPay Invest (external website)” for details.
■ 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 Securities Corporation
PayPay Securities started its services as Japan’s first smartphone-based securities company in June 2016, with the vision of providing an environment in which anyone can casually and easily invest, and make asset management feel more accessible. In February 2021, the company changed its name to PayPay Securities to align with the PayPay brand, aiming to evolve into a highly convenient service closely integrated with daily life through its partnership with PayPay.
In addition to providing the PayPay Securities app where users can purchase shares of well-known Japanese and American companies, mutual funds, and ETFs starting from just 1,000 yen, the company took further steps to lower the barrier of entry to investing by launching Earn Points in April 2020, enabling users to experience simulated investments using PayPay Points (this service was transferred to PPSC Investment Service Corporation, a wholly-owned subsidiary of PayPay Securities, in July 2022), before launching PayPay Invest in August 2022, enabling users to trade securities from within the PayPay app. NISA account transactions are also supported as of January 2024.
PayPay Securities is committed to make investing and asset building feel closer and more accessible to users by providing financial services that are the easiest, most user-friendly, and unprecedented.
■ About PayPay Bank
PayPay Bank (formerly Japan Net Bank) was established in 2000 as Japan’s first bank specializing in internet banking, and currently serves over 8.62 million accounts (as of December 2024). After rebranding to PayPay Bank in April 2021, it has further strengthened its partnership with other PayPay group companies, such as launching the PayPay Bank mini app within the PayPay app in August 2022, and supporting purchases in PayPay Invest directly from PayPay Bank accounts as of April 22, 2024.
The Deposit Revolution program was initiated on December 4, 2024, which offers an interest rate of 2.0% per annum on Japanese yen & US dollar savings, which has been well received by many customers.
PayPay Bank’s mission is to “Make financial services as accessible as air,” and the company will continue to work toward the goal of providing financial services that are unseen yet indispensable, and that people happen to be using by the time they notice. To that end, it is the bank’s mission to continue providing products that meet various needs and offer services that make people’s lives more convenient.
■ 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)
・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)
・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 as part of its 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. 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, PayPay Points (Time Limited) can only be used for payments with certain services provided by LY Corporation and its group companies. It cannot be transferred between PayPay users or cashed out. Additionally, PayPay Points (Time Limited) have an expiry date. For the exact date of expiry, please confirm the information provided by LY Corporation or group company regarding the promotional campaign or measure. 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.
