PayPay launches ‘otoshidama’ gift service

PayPay’s “otoshidama” gift service is seen on the mobile payment company’s app.
11:35 JST, December 31, 2022
Mobile payment giant PayPay Corp. is offering a service for electronically sending “otoshidama,” cash gifts that are usually given to children at New Year.
Through Jan. 5, PayPay users will be able to send money and a message adorned with seasonal motifs.
According to the company, the number of person-to-person remittances processed on Jan. 1-3, 2022, was more than double that of the same period the previous year. The increase was partly attributed to the fact that fewer people returned to their hometowns due to the COVID-19 pandemic situation.
“We want this service to be used across all generations,” a PayPay spokesperson said.
"Business" POPULAR ARTICLE
-
Japan’s Trade with Russia Continues to Decline Amid Sanctions; U.S.-produced LNG Expected to Reduce Reliance
-
Japanese Banks Raising Savings Account Interest Rates; Financial Institutions Seek New Ways to Lure Clients
-
Dollar Slips below 150 Yen for 1st Time in 2 Months
-
Broken Talks: Honda & Nissan / Mitsubishi Motors’ PHVs, Presence in S.E. Asia Raised Honda’s Expectations
-
7-Eleven Operator Determined to Maintain Independent Operation; Can Seven & i’s New Leadership Improve Corporate Value?
JN ACCESS RANKING