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Japan Post Bank has officially announced that it will be discontinuing the Yucho Pay service. While the service has been running since 2019, the bank has decided to wind down operations over the next year. Previously, Uniqlo announced that it would be shutting down "UNIQLO Pay," the QR
payments
TSE-listed NETSTARS has supported QNB Group, the largest financial institution in the Middle East and Africa, in successfully becoming the first bank in GCC to enable Weixin Pay e-Commerce acceptance, working closely with Darwish Holding to make this achievement possible. This ground-breaking initiative enables QNB’s e-commerce merchants to offer
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East Japan Railway Company (JR East) and PASMO have announced a landmark initiative to unify Japan's leading transit wallets with "teppay" (テッペイ), a new integrated code payment service poised to resolve growing "cashless fatigue" among consumers. The service will be integrated directly within the
cashless
JR East initially introduced the concept of "Suica Renaissance" in December 2024. At the time, it stated: "JR East will progressively upgrade Suica's functionality over the next 10 years, transforming it into a digital platform as part of its mid-to-long-term business growth strategy, "Beyond
mergers & acquisitions
Binance Japan has entered into a capital and business alliance agreement with PayPay, a cashless payment service provider. Through this partnership, PayPay has acquired a 40% stake in Binance Japan. This partnership represents a collaboration between PayPay, the leading cashless payment company used by over 70 million people in Japan,
payments
au Payment and au Financial Services, both 100% owned and consolidated subsidiaries of au Financial Holdings, have decided to merge as of July 1, 2026 (scheduled) for the purpose of centralizing payment business strategy and accelerating business promotion. The intent is for an absorption-type merger with au Payment as the
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Tokyo Metro has announced the launch of a post-payment boarding service using touch payment methods with compatible cards (including credit, debit, and prepaid cards) and smartphones with such cards configured, on all Tokyo Metro lines starting in spring 2026. Tokyo Metro has been operating a "boarding service utilizing credit
payments
The "New AEON Pay" has been launched, combining the legacy AEON Pay and WAON electronic money services, and creating a unified mobile payment platform. Key highlights include: * Expansion to 4.3 million merchant locations (1.4x increase) * Support for approximately 180 local communities through donation features * New promotional
cross-border payments
The National Bank of Cambodia (NBC) and the Payments Japan Association (PJA) have announced the signing of a Memorandum of Understanding (MOU) on the cooperation of cross-border QR code payment between Cambodia's KHQR and Japan's JPQR. This initiative aims to establish mutual interconnectivity between the two
cashless
PayPay Corporation announces that the number of "PayPay" payments in 2024 has exceeded 7.46 billion, accounting for approximately 1 in 5 of the total 38.8 billion cashless payments in Japan. The total number of QR code payments increased by 23% year-on-year to over 11.5 billion,
payments
JR Shikoku, Toyo Denki Seizo, and DG Financial Technology have equipped the "On-board Supplementary Ticket Issuance App" used by conductors with QR code payment functionality starting April 1, 2025. This will allow passengers to pay for tickets purchased from conductors on JR Shikoku trains using QR code payment
payments
"elepay bill payment" is a service that allows users to create invoices on the "elepay" management screen or through API integration. Until now, payment methods such as bank transfers and credit cards have been mainstream in Business-to-Consumer (B2C) businesses. "elepay" is a cashless specialized