Japanese e-payments firm PayPay has agreed deals with South Korea's KakaoPay and China's Alipay to give local merchants easy access to the growing tourist industry from Asia. The SoftBank subsidiary will now allow users of the South Korean app and Alibaba's mobile payments system to carry out transactions at PayPay stores and restaurants without signing up to the Japanese service. In the run up to the 2020 Tokyo Olympic Games, SoftBank expects an influx of tourists from other Asian countries and aims to take advantage by making payments seamless for Chinese and South Korean citizens.
Japanese e-payments firm PayPay has agreed deals with South Korea's KakaoPay and China's Alipay to give local merchants easy access to the growing tourist industry from Asia. The SoftBank subsidiary will now allow users of the South Korean app and Alibaba's mobile payments system to carry out transactions at PayPay stores and restaurants without signing up to the Japanese service. In the run up to the 2020 Tokyo Summer Olympics, SoftBank expects an influx of tourists from other Asian countries and aims to take advantage by making payments seamless for Chinese and South Korean citizens.