User:Comfortably Paranoid/PayPay

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PayPay Corporation
Native name
PayPay株式会社
FoundedJune 15, 2018; 5 years ago (2018-06-15)
Headquarters
ProductsElectronic payment system
Websitehttps://paypay.ne.jp/

PayPay Corporation is a Japanese company that develops electronic payment services. It was established in 2018 as a joint venture between the SoftBank Group and Yahoo Japan. In October 2018, it launched a QR code and bar code-based payment service in collaboration with Paytm, India's largest payment service company.[1][2] As of January 17, 2020, PayPay has 23 million registered users and 1.85 million affiliated stores.[3]

From a smartphone app, users link their bank account and add money to their PayPay account. At the point of sale, the user makes a payment either by scanning a QR code, or by having the clerk scan a bar code on the smartphone.[4]

References[edit]

  1. ^ "PayPay、バーコードを使った実店舗でのスマホ決済サービス「PayPay」を提供開始". Nikkei Shinbun. 2018-10-05. Retrieved 2020-10-06.
  2. ^ "ソフトバンクとヤフーの合弁会社が、インドのPaytmと連携し、 バーコードを使った新たなスマホ決済サービス「PayPay」を今秋提供開始". ヤフー株式会社プレスルーム (Press release). 27 July 2018. Retrieved 2020-10-06.
  3. ^ "「全国6,500店舗以上の有名飲食チェーンで『40%戻ってくる』キャンペーン」を開催!". PayPay株式会社 (Press release). 2020-01-17. Retrieved 2020-10-07.
  4. ^ Suzuki, Wataru (2020-09-09). "SoftBank wants to burn money". Nikkei Asia. Retrieved 2020-10-06.