PayPay Securities Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Keiichiro Kurio, hereinafter “PayPay Securities”) has significantly updated the home screen of the PayPay Invest mini app, located within the cashless payment service “PayPay” provided by PayPay Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama, hereinafter “PayPay”), as well as the PayPay Securities app, to make asset management easier to understand and more intuitive. This feature is available in the PayPay Securities app starting from version 3.27.0.
Like the PayPay app, which many users are accustomed to using every day, the home screen displays features and products with easy-to-understand icons, allowing for simpler investment operations.
Additionally, a new feature called “Stock Recommendation” has been introduced to deliver smoother personalized asset management experiences to users. Based on transaction history, investment objectives, and the usage status of “Earn Points,” up to five recommended stocks are automatically displayed on the home screen. This enables both beginners and experienced investors to more smoothly select products suited to them.*2
Furthermore, the system offers enhanced guidance and support functionalities through content such as “Recommended Settings” and “Popular Stocks” according to each person’s usage, to help beginners confidently choose financial products without confusion.
*1. A feature that allows for smooth service reservations, product ordering, and payments through the PayPay app, provided by PayPay Corporation’s partner companies.
*2. Update the PayPay app and the PayPay Securities app to the latest version to use this feature.
Going forward, PayPay Securities will continue to support each customer’s asset growth by providing personalized optimization to each individual users by leveraging data and technology, offering innovative services that “update” asset management.
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 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.
■ 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 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.
