PayPay Securities Corporation (Head office: Shinjuku-ku, Tokyo; President, Representative Director & CEO: Keiichiro Kurio; hereinafter “PayPay Securities”) and PayPay Bank Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director: Tomohito Takusari; hereinafter “PayPay Bank”) is pleased to announce that, users will be able to automatically transfer funds proceeds from the sale of stocks and mutual funds to the savings accounts of PayPay Bank through the PayPay Securities app.
*1. Please update to the PayPay Securities app (Ver 3.24.0 or later) before using this feature.
PayPay Securities and PayPay Bank have been strengthening collaboration, providing features such as automatic deposits, which allows users to purchase stocks and mutual funds without additional processes for transferring funds from bank accounts to securities accounts, and a feature that lets users check their PayPay Bank savings account balance during transactions on PayPay Securities. With this new feature, when stocks or mutual funds are sold, the proceeds can be automatically transferred to a PayPay Bank savings account without any additional procedures, thus streamlining the receipt of sale proceeds.*2 There is no withdrawal fee for transfers from PayPay Securities to PayPay Bank.
Please check here for details on the setup process and the schedule for withdrawals.
Additionally, PayPay Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter “PayPay”) will continue to explore ways to enhance user convenience through strengthened functional integration with PayPay Bank in the PayPay Invest mini app*3 provided by its cashless payment service “PayPay.”
*2. Use of this feature requires consent for account integration between PayPay Securities and PayPay Bank.
*3. 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.
Going forward, as a financial group, PayPay Group will continue to expand its financial operations and strengthen service integration among group companies.
■ PayPay Bank’s Program: Up to 0.4% Annual Interest “Deposit Revolution: Step-Up Yen Savings Deposit”
During the program period, simply depositing funds into PayPay Bank’s yen savings deposit account can yield a special interest rate of up to 0.4% per annum (0.31% after tax) as part of the ongoing Step-Up Yen Savings Deposit program.
By using the automatic withdrawal feature being introduced this time, proceeds from the sale of stocks and mutual funds at PayPay Securities, when withdrawn to a PayPay Bank ordinary savings account, will also be eligible for this program.
For more details on the Step-Up Yen Savings Deposit, please check here.
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 direct bank, and currently serves over 9 million accounts (as of April 2025). 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. In April 2024, it began offering a purchase function in PayPay Invest using PayPay Bank savings account balances.
On December 4, 2024, the Dollar & Yen 2% Deposit, offering an interest rate of 2.0% per annum (1.59% per annum after tax) for ordinary yen and USD deposits, and on March 18, 2025, the Step-Up Yen Savings Deposit, featuring a special interest rate of up to 0.4% per annum (0.31% after tax) for ordinary yen deposits, were introduced as part of the ongoing Deposit Revolution program, 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, Labour 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 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. Until the customer’s identity verification is completed, issued PayPay Money Lite (including previously issued ones) is distinguished as PayPay Money Lite (Low Value), and for those customers who have completed identity verification (including previously issued ones), it is classified as PayPay Money Lite (High Value). 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.
