📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses

📣 Japan 🇯🇵: US-based Stripe 🇺🇸 simplifies digital payments for local businesses

Now merchants —users of Japan’s PayPay payment system— can accept QR code payments and installment card payments.

➡️ Context: PayPay currently has around 68 million users. The partnership with Stripe is expected to expand its reach even further.

➡️ Stripe’s platform in Japan now supports 3D Secure mandate (mandatory for online card payments starting March 2025) and network tokenization.

➡️ Merchants can now receive PayPay transaction payouts faster —in just 4 business days, instead of waiting until the end of the month, which was the industry norm.

➡️ Customers can also use installment payments for purchases, which is especially helpful for high-value products.

➡️ Bonus tip: In Japan, tools like Stripe Billing (for subscription management) and Radar (for fraud prevention) are also being actively promoted. Leading companies like flexible display maker Atmoph and educational software developer Sourcenex have already adopted them.

#news #usa #asia

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