PPSC Investment Service Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director: Kosuke Sato; hereinafter “PPSC Investment Service”*1) today announced the introduction of two new plans in the Earn Points mini app*2 of the PayPay app, provided by PayPay Corporation (Head office: Shinjuku-ku, Tokyo; President & Representative Director, CEO, Corporate Officer: Ichiro Nakayama; hereinafter “PayPay”). Starting September 9, 2025, users will be able to choose the Reverse Bitcoin Plan and the Reverse Ethereum Plan, which are designed to inversely correlate with the prices of Bitcoin and Ethereum, respectively. With these plans, users can easily experience a simulated investment linked to cryptocurrency market movements, without the need for procedures such as opening an account.
Offering plans that inversely track cryptocurrency prices is unprecedented among major service providers offering point investment services.*3
The Bitcoin Plan (launched on January 13, 2025) and the Ethereum Plan (launched on July 28, 2025) have been positively received by many users, driving growth in both users and balances under management due to steady market trends.*4 Building on this, PPSC Investment Service has added new plans that may generate returns even when cryptocurrency prices fall, in addition to conventional plans that benefit when prices rise.
*1. A wholly owned subsidiary of PayPay Securities Corporation.
*2. A feature that allows users to seamlessly reserve services, order products, and make payments offered by PayPay’s partner companies directly through the PayPay app.
*3. Comparison based on publicly available materials from point investment service operators (au PAY Points Management, Credit Saison’s Eternal Points Investment Service, d POINT Investment, and Points Management by Rakuten PointClub; alphabetical order) as of September 8, 2025, researched by PPSC Investment Service.
*4. In the most recent three months (from May to the end of July 2025), Bitcoin prices increased by approximately 24% and Ethereum prices by approximately 111% (calculated in yen).
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■ How to add points to the Reverse Bitcoin Plan or Reverse Ethereum Plan
1. Tap “Points” on the PayPay home screen.
2. Tap “Points Invested,” or the “Use Points” tab then “Earn Points”
3. Tap “Invest” at the top of the Earn Points page.
4. Select the Reverse Bitcoin Plan or Reverse Ethereum Plan.
5. Enter the number of points to add and tap “Confirm.”
■ How to Access “Earn Points”
1. Tap “All” on the PayPay home screen.
2. Tap “Earn Points” under the “Investments” section.
■ About Earn Points
Currently, Earn Points offers ten plans: the Standard Plan, Challenge Plan, Technology Plan, Gold Plan, Reverse Challenge Plan, Technology Challenge Plan, Reverse Technology Challenge Plan, U.S. Long-Term Treasury Bond Challenge Plan, Bitcoin Plan, and Ethereum Plan. With the addition of the Reverse Bitcoin Plan and Reverse Ethereum Plan, there will be twelve plans in total, selected based on popularity, themes, and risk tolerance, enabling users to choose one that best matches their investment style and preferences.
As of May 12, 2025, Earn Points has surpassed 20 million users, continuing to hold the largest market share among major providers of similar services.*3
■ Earn Points Plans
| コース名 | 詳細 |
|---|---|
| Reverse Bitcoin【NEW】 | This plan is designed to inversely correlate with the price of Bitcoin, the most prominent cryptocurrency based on blockchain technology. The plan moves opposite to Bitcoin’s daily price fluctuations, offering potential returns when prices fall.*5 |
| Reverse Ethereum 【NEW】 | This plan is designed to inversely correlate with the price of Ethereum, the second-largest cryptocurrency by market capitalization following Bitcoin. This plan moves opposite to Ethereum’s daily price movements, offering potential returns during price declines.*5 |
| Bitcoin | This plan tracks the price of Bitcoin, the most prominent cryptocurrency based on blockchain technology. It is recommended for users who wish to invest in assets beyond traditional financial assets such as stocks and bonds.*5 |
| Ethereum | This plan tracks the price of Ethereum, a type of cryptocurrency. This plan is recommended for users interested in Ethereum’s growth in market capitalization, which is the second largest after Bitcoin.*5 |
| U.S. Long-Term Treasury Bond Challenge | This plan tracks Direxion Daily 20+ Year Treasury Bull 3x Shares, an ETF that moves approximately three times the price fluctuations of U.S. Treasuries with maturities over 20 years. When U.S. long-term interest rates fall, long-term bond prices rise, causing the ETF’s price to increase. Conversely, when long-term interest rates rise, long-term bond prices fall, causing the ETF’s price to decrease. This is a good short-term investment because if the price of the 20+ year U.S. Treasuries rises 10%, the invested points will increase 30%. |
| Technology Challenge | This plan tracks ProShares UltraPro QQQ, an ETF that moves approximately three times the price fluctuations of the most representative 100 companies on the NASDAQ, known for its focus on growth-oriented sectors. The investment aims for a 30% increase in points with a 10% rise in the ETF price. Because the decline can be significant, it is suitable for short-term investment. |
| Technology Reverse Challenge | This plan tracks ProShares’ UltraPro Short QQQ (SQQQ), an ETF that seeks investments results corresponding to three times the inverse (-3x) of the stock prices of 100 companies representing the NASDAQ in the U.S. It is suited for short-term investments, as the value will significantly increase when the value of NASDAQ equities decline. |
| Gold | This plan tracks the price of SPDR Gold Shares (GLD), an ETF managed in gold. Since it is less likely to be affected by a decline in stock prices, the plan is suited for users who prefer avoiding the risks that other stock-based plans are exposed to. |
| Technology | This plan tracks Invesco QQQ Trust, Series 1 (QQQ), and ETF that offers investing in a portfolio consisting of 100 companies representing the NASDAQ in the U.S. The plan is suited for users who prefer investing in leading technology companies in America. |
| Standard | This plan tracks SPDR S&P500 (SPY), an ETF that offers investing in a portfolio consisting of 500 leading companies in the U.S. The plan is suited for long term investments, with less volatility compared to investments in individual stocks given the diversification across 500 companies. |
| Challenge | This plan tracks Direxion S&P 3 3X (SPXL), an ETF that seeks investments results with a 3x leverage corresponding to the stock prices of several leading U.S. companies. The investment aims for a 30% increase in points with a 10% rise in the ETF price. Because the decline can be significant, it is suitable for short-term investment. |
| Reverse Challenge | This plan tracks Direxion S&P 500 Bear 3X (SPXS), an ETF that seeks investments results corresponding to three times the inverse (-3x) of the stock prices of several leading U.S. companies. It is suited for short-term investments, as the value will significantly when the U.S. stock market declines. |
*5. “Earn Points” is a service that provides a simulated investment experience using points and does not involve actual cryptocurrency trading.
■ Trading rules for the Reverse Bitcoin Plan and the Reverse Ethereum Plan
The Bitcoin Plan and Ethereum Plan, which track the spot prices of cryptocurrencies, along with the Reverse Bitcoin Plan and Reverse Ethereum Plan, which aim for inverse correlation with spot prices, may have a larger fluctuation of points than the other eight plans. Therefore, the following rules, not applicable to the other plans, will apply.
Further, due to its nature the plan is not subject to the All Plans auto-add feature.
| Trading hours | [Weekdays only] 7:05 a.m. to 5:55 a.m. the next day (Downtime: 05:55:01 to 07:04:59 on Tuesdays to Fridays, 05:55:01 on Saturdays through to 07:04:59 on Mondays, and public holidays in the U.S.) Neither automatic nor manual additions or withdrawals are allowed outside of trading hours. *During wintertime, trading hours are delayed by one hour. |
|---|---|
| Point additions | Minimum 100 points / increments of 1 point (no upper limit) |
| Auto add | Points are automatically added when the accumulated amount within trading hours reaches 100 points or more. If the accumulated amount is less than 100 points or outside trading hours, PayPay Points will remain in the points wallet. The All Plans feature is not applicable. |
| Point withdrawals | Minimum 100 points / increments of 1 point (no upper limit) If less than 100 points, only a full sale is possible |
| Fees | A variable spread will be applied upon addition and withdrawal |
Regarding the eight plans other than the Bitcoin Plan, Ethereum Plan, Reverse Bitcoin Plan, and Reverse Ethereum Plan, there are no changes to the existing conditions, and users can start investing from as little as 1 point. A transaction fee equivalent to 1.0% (spread) of the reference asset’s price for the selected plan will be considered and borne by the user for any addition of 100 points or more in a single transaction.
■ About PPSC Investment Service Corporation
PPSC Investment Service is the operator of the Earn Points service, which allows users to experience a simulated investment through a mini app in “PayPay.” Earn Points was launched as Earn Bonus on April 1, 2020, and has gained the support of many users, as it does not require any additional procedures such as opening a securities account, and anyone can immediately start simulated investments from within the PayPay app. In addition, by acquiring the financial instruments intermediary service license, the company has enabled a smoother transition from Earn Points to PayPay Invest, and thereby a better user experience.
PPSC Investment Service will continue to provide and update its services, such as adding more Earn Points plans, to make asset management more accessible to customers.
・Financial Instruments Intermediary Services (Registration number: Kanto Finance Bureau Director (Kinchu) No. 1024 / Registration date: January 16, 2024)
■ About “PayPay,” the cashless payment service provided by PayPay Corporation
“PayPay” is a cashless payment service expanding across the country, available not only at large chain stores but also at small and medium 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 for any damages.
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)
・一般社団法人日本クレジット協会（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. 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, 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.
