PayPay Corporation is pleased to announce that the number of registered users*1 of its cashless payment service “PayPay” has reached 75 million (as of August 9, 2026). This indicates that over 1 in 2 people in Japan*2 and approximately 3 in 4 domestic smartphone users*3 use the app. In addition, PayPay regards the promotion of identity verification (eKYC) as one of its key initiatives to counter criminal activity and unauthorized use, and to that end, to strengthen anti-money laundering (AML) and counter financing of terrorism (CFT) measures. The number of users who have completed eKYC has exceeded 43 million,*4 and PayPay is advancing efforts to enhance the safety and security of its financial platform.
*1. Number of users who have registered a PayPay account.
*2. Calculated by PayPay based on “Population Projections – July 2026 Report” by the Statistics Bureau of the Ministry of Internal Affairs and Communications.
*3. Calculated by PayPay based on “Population Projections – July 2026 Report” published by the Statics Bureau of the Ministry of Internal Affairs and Communications and “1. Information Communication Devices Ownership in “2025 Telecommunications Usage Trends Survey” published by the Ministry of Internal Affairs and Communications.
*4. As of July 2026.
As the number of registered users has increased and usage scenarios have expanded, the number of payment transactions via “PayPay” in 2025 reached 8.88 billion, a 19% increase year-on-year. This accounts for more than 20% of the 43.5 billion cashless payment transactions made in Japan across credit cards, QR code payments, e-money, and debit cards.*5
*5. Calculated based on the figures in “Reference 3: Number of cashless payment transactions” from “2025 Ratio of Cashless Payment Among the Total Amount Paid by Consumers Calculated” published by the Ministry of Economy, Trade and Industry. Values are rounded to the nearest decimal places indicated.
Source: From “Reference 3: Number of cashless payment transactions” in “2025 Ratio of Cashless Payment Among the Total Amount Paid by Consumers Calculated” published by the Ministry of Economy, Trade and Industry. Values are rounded to the nearest decimal places indicated.
Payment data accumulated through such broad usage is also utilized in the financial services of the PayPay app. For example, with PayPay Card, by fetching usage information from the PayPay app, the screening processes is enhanced at the time of application and leads to credit assessments that more closely reflect the user’s circumstances.
Financial services tailored to merchants’ funding needs are also provided by leveraging their daily payment transaction data. With PayPay Shikin Chotatsu (PayPay Funding) offered by PayPay, the eligible funding amount is calculated based on transaction data, and up to 1 million yen is made available immediately when the merchant needs it. In addition, PayPay Bank provides loans of up to 10 million yen as early as the day of application through loan proposals and a screening process that utilize transaction data, thereby supporting merchants in securing funding smoothly.*6 PayPay will continue to work to enhance convenience for both users and merchants by providing new features and services that leverage payment transaction data.
Additionally, “PayPay” is widely used not only for payments, but also for peer-to-peer (P2P) remittances.*7 In 2025, the P2P remittance share amongst code payment providers expanded from approximately 96% in the previous year to approximately 98%,*8 and it has become firmly established as a remittance service that supports everyday money transfers, such as splitting bills among friends, allowances, and providing money for family members.
*6 For information on PayPay Bank’s invitation-only loan, PayPay Store-Only Loan, refer here.
*7. When sending PayPay Money balance, it is a “remittance,” and when sending PayPay Money Lite balance, it is a “transfer.” Please refer to the PayPay Balance Terms of Use for details.
*8. The share of “PayPay” was calculated by PayPay based on the publication by PAYMENTS JAPAN, “Stats – Code Payment,” published on March 30, 2026 (revised on April 7, 2026).
PayPay will continue to evolve from a payment app into a digital financial platform that is essential to everyday life, providing services that can be used safely and with peace of mind, and working to further expand the adoption of cashless payments.
*Company names, trade names, and products/services in this press release are registered trademarks or trademarks of their respective companies.
